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Safe Deposit Box... Safe?

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Bedrock of the Community
United States
20753 Posts
 Posted 08/06/2008  7:59 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:

Have you ever pawned a gun? If so, there is documentation of that ownership in the records of the pawnshop. Forever, by Federal law. Of course, again, as a law-abiding citizen, there is no problem, right?

Not to change the subject about safe deposit boxes but this has to really be a joke. Federal Law? Gee, if it is against the law to do something, no one will do it, right. That is exactly why here in Chicago we have no crime. It's against the law.
Bedrock of the Community
United States
20753 Posts
 Posted 08/06/2008  8:04 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Back to those boxes for a minute. Think. With all the problems we have with other governments, just why would anyone want to stir up even more. LOOK around. There are banks from all over the world here today. There wasn't such things in the 30's you know. There wasn't probably a Isreal bank at all for all I know. Now in the downtown area of Chicago there are banks for just about every country in the world. Like I said previously, that japan bank is one of the largest in the world. That's all we need is to start another war with them.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/10/2008  12:12 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
I know a lot of people are going to be saying this isn't the same thing but look what happened to NORFED.


Oh, come on! NORFED was nothing but a way to sell silver rounds for about twice their value by using a bunch of doubletalk about how they were real money and could be "spent". When I first came across them, they were selling $5 silver ounces as $10 "coins" that they wholesaled for $7.50, but no one, including NORFED themselves, would buy them back, and they told you this when they sold them.

It would be different if they made their own currency that traded in a legit buy/sell market, but it was all one-way, the equivalent to selling coupons for $10 that were "backed" by a gallon of gasoline if you could find someone who would accept them.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/10/2008  12:30 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Have you ever pawned a gun? If so, there is documentation of that ownership in the records of the pawnshop. Forever, by Federal law. Of course, again, as a law-abiding citizen, there is no problem, right?

Not only that, but to get it back, you have to pass the same check that allows you to buy a new gun. Pawn your gun, commit some crime that prevents you form buying a gun, goodbye gun.
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biggfredd's Avatar
United States
9104 Posts
 Posted 08/10/2008  12:53 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Right now, today, the government has the power to require citizens to turn in their gold and silver. Short of needing them for a war, it ain't too likely to happen.

Even when the government forbade private ownership of gold 1934(?)-1974, most citizens were not required to turn in US gold coins. Many sheeple good little citizens did, but it wasn't required.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/10/2008  12:56 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
One other point that many people don't know about safe-deposit boxes. You are NOT covered against damage or theft of what you keep in the box. The bank may offer something in the way of goodwill, but they are under no legal obligation past due diligence. Ditto anything you have sitting at the pawn shop.
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cheungsta's Avatar
United States
271 Posts
 Posted 08/10/2008  1:13 pm  Show Profile   Bookmark this reply Add cheungsta to your friends list Get a Link to this Reply

Quote:
There are banks from all over the world here today. There wasn't such things in the 30's you know. There wasn't probably a Isreal bank at all for all I know.


Hmm...considering that the state of Israel didn't even exist in the '30s, I highly doubt they had a bank...

But I totally hear what you're saying...there are a bunch of Chinese and Korean banks here in LA...
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vermontensium's Avatar
United States
16679 Posts
 Posted 08/11/2008  12:08 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
All I can say is insure your collection. I keep 85% of my collection at the bank. The banker I spoke with said that if the bank went under, like the Indy Mac situation, the contents of your box will be safe. You just have to show proof that the box is yours(key & I.D.). I hope he is right! From what I understand you have to have visited your box within 6 months or it becomes property of the State. In CA. at least.
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wwhitman's Avatar
United States
1415 Posts
 Posted 08/11/2008  11:14 am  Show Profile   Bookmark this reply Add wwhitman to your friends list Get a Link to this Reply
I don't think you have to worry about the government. It's pretty much divided 50/50 and require 60/40 to do anything. As long as we the people keep it that way, nothing will get done - THAT'S A GOOD THING!
I think we should forget the banks and do like to Romans - bury it.
They have been in the ground for 2000 years!
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