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Where do you store your gold coins?

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Wolff Posted: Thu, Jan 22 2009 7:16 PM

For the gold owners out there, do you keep them at home in a safe or in a deposit box somewhere?  Thanks in advance for any practical advice.

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I don't think the state will confiscate gold again, but why take that chance?  Store it in a secret location at your property.  Just make sure it's not somewhere you will forget.

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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Wolff replied on Thu, Jan 22 2009 7:47 PM

I'm faced with the risk of state confiscation versus possibility of apartment theft. 

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I would risk state confiscation.  If they jack your gold, you can always get even by stealing mailboxes.

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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MacFall replied on Thu, Jan 22 2009 9:33 PM

Half of it is at a geographic location known only to me, my brother, and two very close friends, under several feet of earth, and well out of the sight of any roads or houses. The other half we just keep close at hand. There's not much at this time, or we'd have much less than half on our persons.

Pro Christo et Libertate integre!

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Wolff:

For the gold owners out there, do you keep them at home in a safe or in a deposit box somewhere?  Thanks in advance for any practical advice.

"Where are your troops, and can I go there and count them?"

Anyway, I hide my gold in places that appear as other things - such as fireproof hollowed out books etc...

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Conza88 replied on Thu, Jan 22 2009 9:54 PM

Also just for sheer obviousness factor, if you want to take that extra step.

Buy in cash... No paper trail. Smile

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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If noone minds telling me, how much gold do you guys own? Coins? Bullion?

Austrians do it a priori

Irish Liberty Forum 

 

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Uh, whats the point of hiding something if you are just going to tell the whole world where it is, or is this thread meant for misdirection?

do we get free cheezeburger in socielism?

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fezwhatley:

Uh, whats the point of hiding something if you are just going to tell the whole world where it is, or is this thread meant for misdirection?

I think the idea is not to say exactly where one's gold is hidden, but the general type of hiding place in which one hides one's gold.

Personally I have yet to buy any gold, but I am to do so as soon as possible - the currency is going to be inflated a hell of a lot very soon and I want to get out of it.

On that; what kind of gold should i get? Where should i get it from [in the UK]?

The difference between libertarianism and socialism is that libertarians will tolerate the existence of a socialist community, but socialists can't tolerate a libertarian community.

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Clayton replied on Fri, Jan 23 2009 3:16 PM

I bought a safe to store my gold. The safe is medium-sized, with 6" walls and weighs about 1000 pounds. I figured I was safe from state confiscation and amateur burglars. But then my wife decided to slap me with a false restraining order (she later had it dismissed once she no longer needed it) and divorce me. Of course, the gold "magically" disappeared. In the end, an amateur burglar with state assistance stole my gold. Go figure.

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Dayam.

 

"When you're young you worry about people stealing your ideas, when you're old you worry that they won't." - David Friedman
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why people give an irrational creature power over half of their assets is beyond me.  the only way I'll get married is if she's richer than I am.

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Clayton replied on Fri, Jan 23 2009 3:20 PM

nazgulnarsil:

why people give an irrational creature power over half of their assets is beyond me.  the only way I'll get married is if she's richer than I am.

As they say, I was young and dumb. I'm still pretty young and I can assure you this will never happen to me again. Fool me once.

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ama gi replied on Fri, Jan 23 2009 3:23 PM

nazgulnarsil:

why people give an irrational creature power over half of their assets is beyond me.  the only way I'll get married is if she's richer than I am.

At first I thought you were talking about the government!

"As long as there are sovereign nations possessing great power, war is inevitable."

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nazgulnarsil:

why people give an irrational creature power over half of their assets is beyond me.  the only way I'll get married is if she's richer than I am.

Are you saying that all women are irrational? [I fear the reductio ad hitlerum, but you sound remarkably like a famous Himmler quotation].

Surely one should merely agree to a legally binding pre-nup; after all that would prove the marriage is about love rather than money.

The difference between libertarianism and socialism is that libertarians will tolerate the existence of a socialist community, but socialists can't tolerate a libertarian community.

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Clayton replied on Fri, Jan 23 2009 8:19 PM

Thedesolateone:

nazgulnarsil:

why people give an irrational creature power over half of their assets is beyond me.  the only way I'll get married is if she's richer than I am.

Are you saying that all women are irrational? [I fear the reductio ad hitlerum, but you sound remarkably like a famous Himmler quotation].

Surely one should merely agree to a legally binding pre-nup; after all that would prove the marriage is about love rather than money.

Marriage in the US (or any other Western country's) legal system is financial suicide if you have a penis. There ain't no woman out there that's worth it.

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