Why Your Valuables Aren't Safe 

Here is a couple of videos on safes and storing valuables within your home. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-20bJW570FZU.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-atCrQ8mAb7Q.html

I am insured by the firm of Smith And Wesson.....both fine gentlemen!

Anything the government can reach, is in danger.

May this video reach far and wide. Too many people fall for the tricks of the banks. Keep spreading that knowledge, brother! 👊

You Sir, have done the community an *excellent* service with this video!

Good points on why not to use safe deposit boxes. A dear friend passed recently and had a box titled to her and an unknown person. Family was desperately trying to find out who that person was to gain access because the bank would not tell them.

Slap’s “Ten Commandments For Storing Precious Metals At Home” (bearing in mind the average duration of a break-in in the US is 11 minutes) 1) If using a safe, bolt it down and load it with barbells or other VERY heavy weights. 2) Store some decoy/sacrificial money or coins in an easy-to-find location. Then hide the good stuff well. 3) Unless you use a safe, never hide your stash in a bedroom or bedroom closet. 4) Same as #3, but insert “study” and “pantry”. 5) Forget hollowed-out or phony books… your stack will be gone in less than 2 minutes. 6) Avoid storing on any type of shelf or bookcase. Thieves aren’t neat freaks… they’ll simply sweep out or tip these over. 7) If you’re like most folks, you’ll want frequent access to your stash… don’t make access too difficult (behind drywall, buried in the yard, need a sledgehammer to get to it, etc.). 8) Unless using a safe, the best hiding spots are either in plain sight and highly likely to be overlooked, or they’re multi-layered (meaning you have to move this, shift that, lift this and open that in order to access your stash). 9) Make sure a trusted partner (spouse, financial planner, estate attorney, etc) has a sealed “open in the event of my death” letter describing where your stash is hidden. 10) With the exception of #9 above, NEVER EVER talk about your stash or that it’s in your home!

I think many folks believe a safety deposit box is the safest place they can store their valuables. You have shared many good reasons not to use them. Personally I trust myself only! I'll take my chances with me!

Putting any of your valuables in a safety deposit box at the bank is asking for trouble. Not sure why Americans don't learn from history 😔

I’m sure those freak accidents were very unintentional 😂

If your silver stack grows too big to hide and secure safely where quick access is needed in an emergency then you may want to consider converting some of it to gold to make hiding and storing much safer and easier, this will also allow you to transport a higher value amount much faster in an emergency.

Safes are ' targets ' . What can not be found can not be taken .

When I was young I lived in different large, affordable apartment complexes. Burglary was not uncommon and always a possibility. For security reasons I never lived in a ground floor unit, so owning a TL rated safe was pretty much impossible, even if I could afford one at the time. I think there is a time and place for everything. Also, the lack of insurance argument applies to your homeowner policy as well. If your house is burglarized and you lose a few tubes of gold eagles, you are not getting made whole again by your homeowners policy unless you have a rider on the policy and meet all of their requirements of storage, disclosing your complete inventory, etc.

All the reasons I’d never store my valuables in a safe deposit box. I too believe in using multiple safes especially because I’m a Locksmith.

At 70 bucks a month around here for a box, i'd rather take a few maples a month and deal with it myself.

Thanks for the information. Certainly something to keep in mind.

The safest place to store you stuff is where you don’t tell anybody

I go out of my way to keep anything i own out of banks. I only keep enough ponzi Federal Reserve Notes in the bank to pay my bills each month, the rest gets converted to real money.

Be your own bank. Simple

Recently, I actually flirted with the idea of a box... glad I'm a procrastinator.

Thank you for the information.

Man if only Ron Swanson taught Nick Offerman something.

First principle, if you don't hold it you don't own it. Second principle, if you can't hide or defend it you don't own it.

I was seriously just recently wondering about this and what do you know, Campbell nails the answer for me! Thanks!

Good thing I took out all of my valuables out of my box before it was too late! Whew dodge a close one there

you gave information about bank deposit box I did not know. After what you said they seem to be worthless. If I had a safe I could be force to open it by the criminal by threats to my children or wife. JH

Sensible, sobering advice here, thank you.

valuable knowledge as always

Very good, thanks for that info..

Great video! Hold your own

Thank you for the video. 👍

Thank you good advice...

Dig a hole in the bush on private property , put it in pvc piping with threaded cap and toss rock on it

100% right never put Gold and silver in the bank safe deposit box it stays with me all the time just like the cold blue steel that's strapped on my hip

You know who has a really nice safe? Overtaxed taxpayer. It's an older video, and the company isn't as well-known as say liberty, but it's worth checking out if you are looking to get one. Keep up the great and relevant content!

Yep, Ill pass on Safety Deposit boxes.....very good safes, alarms, dogs and and guns for me! : )

Great video!

I like your silver coin with the puppet slogan - where can I get one?

Nice content, well done on the video 👍🏽

TL-30 safe, Firearms, cameras, alarms and kids haha I’m pretty safe!

You are now considered an unsecured creditor of the bank. I believe your savings and safety deposit box contents aren't yours if the banks run into financial trouble

Thanks! I'll be sharing this with friends that don't believe me. Maybe they'll believe you. It is comforting to know that my stack of Sacagaweas are gonna be ok at Wells Fargo, though.

Mix fresh concrete and store under garage floor like John Wick.

Some bullion dealers offer fairly comprehensive vaulting services - a bit expensive but it is a third option (and beneficial in certain cases like keeping part of a stack overseas).

Long live the King!

Ill be moving out of the country and have an option of putting in a safe at my brothers house or a private vault service like Blue vault. Need to decide

I am going to send this video to my father!

It's good it was a hassle with granddad's box. There are laws governing heirs and ownership. Without a Will, Trust, Power of Attorney (still alive), a family co-owner of the box, etc. it goes to Probate Court. This protects the heirs. Banks can be fined, bank employees can be fired for letting someone in the box without proof of being a legal heir. Your examples of bank box problems are indeed rare. If law enforcement gets a warrant to look into your bank box, you know they can just as easily get a warrant to search your property, home. In my state contents of unpaid box rentals are by law opened by witnesses, the contents are listed and turned over to the state which holds them in perpetuity until heirs are found. The state has a Web site of unclaimed property for people to look at. Of course there's a chance of box theft or a waiting period to get box contents if a bank closes. But it's just as likely or more likely you could be robbed at home, forced to open your safe, your house burglarized or burn down and your gold/silver gone or melted. A lot more homes are destroyed by tornadoes than banks closing and bank vaults broken into. Banks have security cameras, sprinkler systems and better vaults than most homes. Homes with high dollar valuables should have safes, security cameras, door/window sensors. It's very wise to keep your mouth shut, do not tell anyone you have valuables at home. It is good to insure valuables, add them to homeowners policy whether they are in a bank box, at home or some at both.

Banks in Spain are closed 2.30 mid day not open Saturday or Sunday

My homeowner policy only covers $3,000

I think a box can be good, but I wouldn’t put my entire stack in there. I know some stackers are team box and others are team no box: I’m team no box

This is mostly bunk. These are rare examples. The likelihood is the same as your house burning down with it without insurance you are not covered on your metals or cash. Nothing is 100% safe but yiu have to go with odds. Very dangerous to put everything in your house.

Get a safe… bolt it down if you have too.

Your gold and silver are perfectly safe at home as long as no one knows you have it. Loose lips sink ships.

3:16 - so, the government system scheme works basically like this: the government wants your money from your deposit box, but officially they can't take it. The government creates some story about deadly space alien ninjas dressed up....but of course like terrorists from some arab country and of course those terrorists store their money exactly next to YOUR deposit box and the national security opens by mistake YOUR deposit box and take your money by mistake 😂

I HAVE NEVER LIKED BANKS, MATTER OF FACT I HARDLY EVER USED ONE, AND NOW I'M 59 AND I WOULD NEVER USE ANOTHER BANK!!!, MY GOLD AND SILVER IS MY BANK!, I'VE ALWAYS BEEN CASH AND CARRY. GOD BLESS Y'ALL. I ALMOST FORGOT, I HEARD THE OTHER DAY THAT SOMEONE WENT TO THERE BANK AND ASKED FOR LESS THAN 2000.00 AND THE BANK ASKED HIM WHAT DID HE WANT THE MONEY FOR!!!!, F, THAT!!!!. BEST PLACE FOR ME IS IN THE GROUND BABY!

Bankers ( absolute wankers) I'm in the UK, tried adding a Prince Charles Coronation coin took me 3 days, first blocked, then scrutinised, asked what it was for. ??? My money ffs. Then after they said they'd release the funds. Next day still not released. Day 3 got it released.

Well..., is there any good reason to have a safety deposit box?

Anyone storing valuables in a safe deposit box is either really ignorant or just plain stupid. I do not trust precious metals depositories either. Amen bro - If you don’t hold it, you don’t own it. Definitely more bank failures coming. Have we ever disagreed on anything? Lol.

If you don’t hold it u don’t it! Simple

What's the name of your grandpa's bank?

Going to need a whole lot to stop a mob of two legged animals Hell bent on your destruction, especially hungry ones.

If you think it’s safe to trust someone else with a sketchy past to hold onto your stuff for you, you deserve to be punished. Show me one bank that won’t absolutely destroy you if it meant saving themselves.

No way. A safety deposit box is not safe.

A safe in your home is a target. All it takes is for one blabber-mouth to mention to anyone that you have a hidden safe in the basement, for example. A burglar can come in and force you to open it. There is nowhere totally safe to store anything. You have to get creative. You best strategy is to keep your mouth shut.

What about private safety deposit boxes?

I'm the bank.

Everyone knows that safe deposit boxes are 100% safe and effective! Hell, nothing is safer than having multiple safe deposit boxes ;)

If you hold precious metals or what I prefer to call monetary metals of the 1st & 2nd tier (i.e. Gold & Silver), then you want to develop a strategy for how you go about holding these metals. Should you keep any in your home? Yes, a small amount should be kept in your home. Maybe 2 to 5 ounces of Gold along with 100 to 200 ounces of Silver is probably the maximum that should ever be held in a home, absent some massively cool, concealed, and secret storage method that's in a designed & fire-resistant wall cavity, a cleverly hidden floor safe, etc... Probably 1 to 2 ounces of Gold and 50 to 100 ounces of Silver is more realistic for most people. That all assumes that you are trying to hold some amount of both metals. Obviously, if all you have it Gold, then you can probably store at least 1/3 of in your home. Having said that, you should also consider other ways to hold your metals. Some people won't have a lot of options, as they are apartment dwellers, but even then, furniture that you own can be modified to hold precious metals. The homes of very close family or friends can be used as alternative storage areas. In most cases, they need not even know what you're storing with them, so long as it's not too large or too heavy. This means that the amounts would have to be kept within limits. Encasing the metals in flame retardant batting that is itself vacuum sealed inside multiple pairs of quality 100% wool socks that are packed tightly into a box that is wrapped in box tape and then carefully and cleanly wrapped in a couple layers of quality duct tape or gorilla tape with the label of "Dad's Army Diaries & Medals" or "Mom's love letter's & trinkets from Dad" or "1st Lincoln Logs Set" or something else innocuous that can be written in Sharpie on the outside. Just be sure that everything is neat and tight, so that ZERO sound can be heard when it is dropped or shaken. If you store these with close family or friends that you trust to the highest degree, it's unlikely that they will cut or rip through the duct tape and then through the box tape just to see what's in the relatively small box. Also, it can't way 20lbs. It must be 5lbs or less, so 50 to 70 ounces of Gold & Silver with a lesser amount being a wiser amount. As much as is possible, the metals should be securely in the center of the box, so that it doesn't have an off center of gravity, which might raise both suspicion and interest, but this is a secondary concern. Metals can also be held in larger potted plants. So long as they are adequately packaged in multiple layers of alternating materials (i.e. paper, plastic wrap, box tape, duct tape - each layered twice), they will be fine for years and will receive ZERO water damage. Metals can also be held in your car, with some know how and care. They should not be held in the back of your car, in the engine compartment, in the glove box or in any of the side panels of your vehicle. They should always be held somewhere in the middle of your car. There is almost always some sort of center console that can be modified to hold some amount of precious metals, without giving away that there is a false bottom. Metals can be held in the earth pretty easily, so long as you use quality materials, dig a deep enough hole, and have sufficient understanding, access, and control of the area to make sure you're able to retrieve the metals as a later date. Metals may be stored with junk. For example, covering a well packaged amount of precious metals with a generous amount of rusty washers & bolts in a variety of sizes inside a metal or plastic pale that isn't going to fall apart within 2 or 3 years is an easy option. This can be put in an outbuilding, a shed, or a garage without anyone being the wiser. The bolts and washers should all be steel and left out to rust. There shouldn't be anything shiny or new about them, and therefore, little or no temptation for anyone to rummage through them with the idea of using them. As with the potted plant, metals can also be held in plain sight. A decorative glass jar with colorful marbles can be placed on a book shelf. Put an inch or two of marbles in the jar. Gently place a tube of whatever metal you want in the exact center of the jar, and then carefully, without causing the tube to settle and the marbles to be pushed up around the tube, start filling in the empty open space around the tube. This extra weight will push the marbles on the floor of the jar down, and prevent the settling of the tube. So long as the jar is tall enough and large enough in volume, any coin tube should be able to fit inside with colorful marbles all around it, obscuring the contents in the center of the jar. Of course, the larger the tube, the larger the jar you will need. When finished, this heavy jar will not show the metals contents from the top, the sides, or the bottom. You can also do this trick with stainless steel ball bearings or a variety of dry beans that differ in color. I could go on and on for pages of different, obvious, and simple ways that you can develop to store your precious metals in ways that make them less vulnerable to theft, flood, fire, or overt confiscation by agents of the government. But yes, NEVER KEEP THEM IN A BANK...NOT EVER!

My stack is in a vault but, my vault is not a bank, it is a vaulting service.

Credit unions generally run tighter ships than banks, but I wouldn't leave anything I couldn't afford to lose w them.

My metals are protected by senor 556, Mr 9mm and Sir 12G.