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The Best Way To Hide Your Gold

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Pillar of the Community
United States
1454 Posts
 Posted 06/03/2012  5:01 pm  Show Profile   Bookmark this reply Add traevin to your friends list
The gap where the curtain-rod slides in to suspends one's curtains would hide a few virtually unnoticed. Probably not a thief's typical target of interest. Spread out over an entire household...
Pillar of the Community
United States
4008 Posts
 Posted 06/03/2012  6:38 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
Even little yippers are a good enough countermeasure, as any criminal knows the noise can potentially get the attention of owners or even one's neighbors.

Agreed. A small but noisy dog can be a great deterrent to any thief who wants to go about his business quietly. Our neighbors have a Jack Russell terrier and he has outstanding hearing. Nothing gets by that little guy... all 12 lbs. of him. Such a dog won't do any damage to a thief but waking up the homeowner with his 12-gauge certainly will.
Pillar of the Community
Canada
4944 Posts
 Posted 06/03/2012  9:00 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
That is a great way to hide stuff SilverBug.

How far down does that go?
Pillar of the Community
Canada
862 Posts
 Posted 06/03/2012  9:51 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list

Quote:
How far down does that go?

I guess it all depends on how tall the tube is.

I didn't do it. I just saw some tips online and copy pasted it here. another good one is an empty wall socket...
Pillar of the Community
Canada
4944 Posts
 Posted 06/03/2012  11:01 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Oh, OK. I thought it was yours which is why I asked.
Pillar of the Community
United States
808 Posts
 Posted 06/04/2012  09:33 am  Show Profile   Bookmark this reply Add coinwatch to your friends list
Just don't hide ANYTHING in a room heating vent. Countless teen angst movies and TV shows have ruined this hiding spot forever.
Pillar of the Community
United States
5855 Posts
 Posted 06/04/2012  09:38 am  Show Profile   Bookmark this reply Add barryg to your friends list
The only problem with hiding stuff is that you may end up dying without telling anybody where it's all hidden or get Alzheimer's and just forget where you hid everything. Unless, of course, you tell other people about it or write it down somewhere, which kind of defeats the purpose of hiding it in the first place...
Valued Member
Canada
62 Posts
 Posted 06/04/2012  3:06 pm  Show Profile   Bookmark this reply Add hagbard to your friends list
I wouldn't hid my PMs in anything that might burn.
Pillar of the Community
United States
808 Posts
 Posted 06/04/2012  3:20 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list
That's why some of us prefer to use safe deposit boxes over home storage.
Pillar of the Community
United States
808 Posts
 Posted 06/04/2012  3:29 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list

Quote:
The only problem with hiding stuff is that you may end up dying without telling anybody


This is just part of good estate planning. Beyond keeping your will current, make sure you include a confidential document itemizing your assets and their location(s). Have your attorney keep a sealed copy of the will, your asset list, and any relevant instructions for your heirs and executor. With this done, just make sure your family knows to contact the attorney if something happens.
Pillar of the Community
United States
808 Posts
 Posted 06/04/2012  4:48 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list
The other problem with hiding personal property (your PM stack) inside real property (your house) is that if your heirs get in a rush to sell the house, any undiscovered PMs become the rightful property of the new owner after closing. Sure, there may be some recourse *if* the mistake is discovered, but it'll likely be costly and involve the courts and lawyers and a lot of unpleasantness.

I don't think we want to get into a whole probate discussion (never a fun topic), but it's important to understand that even the most competent and rational heirs are likely to make mistakes. The ONLY way to avoid a tragic loss of hidden material wealth is to try and make finding your things as foolproof as possible.

Pillar of the Community
United States
4008 Posts
 Posted 06/04/2012  6:13 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
That's why some of us prefer to use safe deposit boxes over home storage.

Indeed so. Although there can be problems with SDBs too, they are a good way to stash part of a hoard. Keep those golden eggs in separate baskets!
Pillar of the Community
United States
808 Posts
 Posted 06/04/2012  6:18 pm  Show Profile   Bookmark this reply Add coinwatch to your friends list

Quote:
Keep those golden eggs in separate baskets!


You're a wise man, Ed!
Bedrock of the Community
Australia
21788 Posts
 Posted 06/04/2012  10:36 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list
Some bullion dealers will allow you to buy physical, then offer you secure storage at a less rate, because you are a customer.
Pillar of the Community
United States
4008 Posts
 Posted 06/05/2012  11:52 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list

Quote:
You're a wise man, Ed!

Thanks, CW. Time and experience make good teachers but we need to pay attention to the lessons that life sends our way.
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