Why Your Valuables Aren't Safe

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  • Опубликовано: 5 сен 2024

Комментарии • 136

  • @CampbellsCoins
    @CampbellsCoins  Год назад +8

    Here is a couple of videos on safes and storing valuables within your home.
    ruclips.net/video/20bJW570FZU/видео.html
    ruclips.net/video/atCrQ8mAb7Q/видео.html

  • @stansbornak8116
    @stansbornak8116 Год назад +65

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

    • @CampbellsCoins
      @CampbellsCoins  Год назад +12

      Great firm!

    • @centsofhumor
      @centsofhumor Год назад +8

      I know them they are both straight shooters.

    • @danielmanly4793
      @danielmanly4793 Год назад +5

      @@centsofhumor It would seem that we can go around and around like this ;)

    • @centsofhumor
      @centsofhumor Год назад +3

      @@danielmanly4793 lol 😂

    • @XFizzlepop-Berrytwist
      @XFizzlepop-Berrytwist Год назад +2

      Good firm, but what if you arent around, like at work, or vacation?

  • @slapdat.byteme
    @slapdat.byteme Год назад +10

    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!

  • @marcushoward6560
    @marcushoward6560 Год назад +24

    Anything the government can reach, is in danger.

  • @craigjones3988
    @craigjones3988 Год назад +8

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

  • @virgilkane7369
    @virgilkane7369 Год назад +5

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

    • @CampbellsCoins
      @CampbellsCoins  Год назад +1

      I think that's a Confucius quote. But it's correct.

  • @bo_dink
    @bo_dink Год назад +14

    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!

    • @CampbellsCoins
      @CampbellsCoins  Год назад +1

      Amen!

    • @keithknechg3217
      @keithknechg3217 Год назад +3

      My father has 75 kruges in a safe deposit box...he,s 95 with a pacemaker,do the math.not looking forward to that.🙄

    • @CampbellsCoins
      @CampbellsCoins  Год назад +4

      @@keithknechg3217 Oh geez. Get it out. If he won't, start preparing so it's easier for you.

    • @keithknechg3217
      @keithknechg3217 Год назад

      @@CampbellsCoins tried,the old man is to old school.🙄

  • @barjer54
    @barjer54 Год назад +4

    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.

  • @213thAIB
    @213thAIB Год назад +9

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

  • @YetAnotherJohnDoe1776
    @YetAnotherJohnDoe1776 Год назад +12

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

  • @JimmyLicari
    @JimmyLicari Год назад +16

    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 😔

    • @stormforge68
      @stormforge68 Год назад +6

      The only true safety is when you lose your valuables in a boating accident and you can’t remember the exact spot! 😜

    • @JimmyLicari
      @JimmyLicari Год назад +1

      @@stormforge68 😂🤣

    • @CampbellsCoins
      @CampbellsCoins  Год назад +8

      The psychology behind trusting something that has hurt you over and over is interesting.

    • @JimmyLicari
      @JimmyLicari Год назад +3

      @@CampbellsCoins it's human nature I suppose...

  • @TranslucentJuice
    @TranslucentJuice Год назад +10

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

  • @abraham3981
    @abraham3981 Год назад +4

    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.

  • @Wookietown
    @Wookietown Год назад +4

    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.

  • @FLmetalhead
    @FLmetalhead Год назад +6

    Man if only Ron Swanson taught Nick Offerman something.

  • @bullionaddict9164
    @bullionaddict9164 Год назад +5

    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.

  • @l.j.silveraustereprivateer4010
    @l.j.silveraustereprivateer4010 Год назад +8

    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.

  • @Der0Nibelung
    @Der0Nibelung Год назад +2

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

  • @youKnowWho3311
    @youKnowWho3311 Год назад +10

    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.

    • @GazB85
      @GazB85 Год назад +1

      The second is untrue unless you’re gonna be robbed.

  • @andrewkolb6309
    @andrewkolb6309 Год назад +2

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

  • @tightwad
    @tightwad Год назад +2

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

  • @ethan9582
    @ethan9582 Год назад +2

    I’m sure those freak accidents were very unintentional 😂

  • @bluecollarstacker
    @bluecollarstacker Год назад +2

    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!

  • @Richmart1955
    @Richmart1955 Год назад +2

    Thank you for the information.

  • @elpelone
    @elpelone Год назад +1

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

  • @Ontario100
    @Ontario100 Год назад +2

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

  • @melloncolliemedb
    @melloncolliemedb Год назад +1

    Sensible, sobering advice here, thank you.

  • @MrPatrick1414
    @MrPatrick1414 Год назад +4

    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

    • @markd.songsandstuff7728
      @markd.songsandstuff7728 Год назад

      That is true for money in the bank but not for bank boxes. At least in my State, by law contents of bank boxes belong to the person who rented the box and their heirs, the bank has no legal claim to box contents. If a bank fails it will take some time to get the contents I assume.

  • @safestackin
    @safestackin Год назад +4

    Thank you good advice...

  • @mickeylickey123
    @mickeylickey123 Год назад +3

    Be your own bank. Simple

  • @72cmcinc
    @72cmcinc Год назад +1

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

  • @fishydubsfishing6516
    @fishydubsfishing6516 Год назад +1

    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

  • @mrspankytank2858
    @mrspankytank2858 Год назад +1

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

  • @JohnHuntt
    @JohnHuntt Год назад +2

    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

    • @CampbellsCoins
      @CampbellsCoins  Год назад

      If they knew you had a safe. Many ways around the scenario you mentioned. Thanks for stopping by.

  • @TheKris333
    @TheKris333 Год назад +4

    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).

    • @slapdat.byteme
      @slapdat.byteme Год назад +3

      And mandatory if part of your stack is in a Gold & Silver IRA (like mine).

    • @TheKris333
      @TheKris333 Год назад +2

      @@slapdat.byteme Yes. You're absolutely right. I was suggesting it for some folks who might not be aware of the private vaulting option - which often provides comprehensive insurance and other services as well. Some people think that the only two options are bank safety deposit boxes (problematic, as this video details) or on your own property.

  • @MASTERYIPMAN24
    @MASTERYIPMAN24 Год назад +1

    valuable knowledge as always

  • @billmase2458
    @billmase2458 Год назад +2

    Great video!

  • @Pete_YT
    @Pete_YT Год назад +3

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

    • @CampbellsCoins
      @CampbellsCoins  Год назад +1

      There you go.

    • @stormforge68
      @stormforge68 Год назад +2

      It’s a good idea for sure. Only problem is if you need to get out of dodge super fast, you might not have time to dig it up.

    • @slapdat.byteme
      @slapdat.byteme Год назад +1

      🤣🤣🤣

  • @dugard7
    @dugard7 Год назад +1

    Very good, thanks for that info..

  • @markd.songsandstuff7728
    @markd.songsandstuff7728 Год назад +3

    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.

    • @CampbellsCoins
      @CampbellsCoins  Год назад +1

      Hi Mark, I agree with you about about the laws. Unfortunately, we had all the proper paperwork and it was still a major hassle. You present some great points in your antithetical view. Thanks!

  • @noicue8078
    @noicue8078 Год назад +3

    Thank you for the video. 👍

  • @BRICSlayer
    @BRICSlayer Год назад +1

    Long live the King!

  • @MistressRavenIvy
    @MistressRavenIvy Год назад +2

    Great video! Hold your own

  • @patrioticstacker
    @patrioticstacker Год назад +1

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

  • @showingYOUtheworld
    @showingYOUtheworld Год назад +4

    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 😂

    • @CampbellsCoins
      @CampbellsCoins  Год назад +1

      Hollywood couldn't come up with a better script than that one.

    • @showingYOUtheworld
      @showingYOUtheworld Год назад +2

      @@CampbellsCoins I don't know about Hollywood, but this is how it works in my country and as I see, this is how it works in almost every single country.
      My point was, that every government can do whatever it wants and they already proved that many times.
      Of course everyone is more than free to believe in his own rights and democracy 🤣🤣🤣
      And about those deadly space ninjas....that was sarcasm.

  • @robnewlee1787
    @robnewlee1787 Год назад +1

    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.

  • @tho464
    @tho464 Год назад +1

    My homeowner policy only covers $3,000

  • @WTU208
    @WTU208 Год назад +1

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

    • @CampbellsCoins
      @CampbellsCoins  Год назад

      eBay. It was a specialty release and the mint (Silver Shield) only has the design available for a week before they move onto the next one. Prepare for very high prices.

  • @theurbancoincollector
    @theurbancoincollector Год назад +1

    Nice content, well done on the video 👍🏽

  • @Rhardebeck
    @Rhardebeck Год назад

    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

  • @mikespence4722
    @mikespence4722 Год назад

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

  • @paul4utica
    @paul4utica Год назад

    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.

  • @Duane-yf2lb
    @Duane-yf2lb Год назад

    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!

  • @AnthonySmith-fu9qu
    @AnthonySmith-fu9qu Год назад +1

    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.

  • @XFizzlepop-Berrytwist
    @XFizzlepop-Berrytwist Год назад +1

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

  • @PistolPackingPilot
    @PistolPackingPilot Год назад +3

    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.

    • @slapdat.byteme
      @slapdat.byteme Год назад +2

      Precious metals vaulting services (the reputable ones) are the SAFEST storage you can have.

  • @tridentstacking
    @tridentstacking Год назад +2

    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

  • @shortii12341
    @shortii12341 Год назад

    I am going to send this video to my father!

  • @TheMrdebro34
    @TheMrdebro34 Год назад +1

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

  • @robertstroback3362
    @robertstroback3362 Год назад +2

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

  • @tareqeh
    @tareqeh Год назад +4

    What about private safety deposit boxes?

    • @bamahama707
      @bamahama707 Год назад +4

      Same deal--if you don't have it in hand, it ain't yours!

    • @CampbellsCoins
      @CampbellsCoins  Год назад +2

      Private companies also have operating hours. If a government regulation passes, like banning gold, they are beholden to uphold that or face consequences. What do you think they will do? They will turn your stuff in to comply.

  • @MCBob-nh4cr
    @MCBob-nh4cr Год назад

    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.

  • @cheaplaughkennedy2318
    @cheaplaughkennedy2318 Год назад +4

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

    • @CampbellsCoins
      @CampbellsCoins  Год назад

      A whole lot of what?

    • @cheaplaughkennedy2318
      @cheaplaughkennedy2318 Год назад

      @@CampbellsCoins That for someone’s imagination for anything harmful.😆

    • @bamahama707
      @bamahama707 Год назад

      What was that about the size of your honor guard in hell?

    • @GazB85
      @GazB85 Год назад

      @@CampbellsCoins Humans, two legged animals.

  • @danielmanly4793
    @danielmanly4793 Год назад +2

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

  • @gilldavidmour4199
    @gilldavidmour4199 Год назад

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

  • @millerforester6237
    @millerforester6237 Год назад

    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.

    • @charmaesykes2391
      @charmaesykes2391 11 месяцев назад

      I agree to an extent. You need at least 1 trustworthy person just in case of an emergency. You maybe unable to get to whatever it is you are hiding. Just a thought!

  • @veritasfiles
    @veritasfiles Год назад +1

    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!

  • @lpandy21
    @lpandy21 Год назад

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

  • @shawnlavigne9069
    @shawnlavigne9069 Год назад

    No way. A safety deposit box is not safe.

  • @B29p
    @B29p Год назад

    I'm the bank.

  • @darylroughley2807
    @darylroughley2807 Год назад

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

  • @cryptolinksinvesting2058
    @cryptolinksinvesting2058 Год назад

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