Not-So-Safe Deposit Boxes

by Mac Slavo | Dec 10, 2009 | Precious Metals | 4 comments

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Greg McCoach of The Mining Speculator, discusses the reasons for why keeping certain assets in a safe deposit box may not be a great idea.

After 9/11, the Patriot I and Patriot II acts, right in the legislation it says during a bank holiday the government, the US government, has the right to open up all safety deposit boxes. And there’s a whole list of items, that if any of these items are in there, they can confiscate them, right? Precious metals are on that list.

Rather than a safe deposit box, SHTFplan recommends either a shovel, or a bulldozer, depending on how much gold you’re trying to bury. If you hate digging, then take Mr. McCoach’s advice and get a home safe.

Watch Greg McCoach:

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