Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Proud Deplorable who wrote (18835)	8/31/2003 11:55:58 AM
From: Tommaso	Read Replies (2) of 39344

If Russell is completely confident that the US government will not confiscate gold coins, I wonder why he recommends "hiding" them instead of putting them in a safe deposit box. If you put them behind a brick in a basement wall and didn't tell anyone, your fortune could be lost to your estate if you were killed or became mentally incompetent. If you tell anyone, there is always some risk that their existence, if not their location, could become known to an armed robber. I think the best compromise is the safe deposit box in a local bank, where their existence can be concealed as long as you are alive (the box will be sealed at your death until your will is probated), and where it is easy to get your hands on them every business day.

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