I agree with #3, but I will never have the balls to do it. Gold needs to be under some kind of lock and key to me, even if a hidden in a toilet tank, behind a fake wall plate, etc. likely would work just as well.hardlawjockey wrote: ↑Thu Jul 26, 2018 7:24 pmWhen I started the PP and bought my first set of gold coins I had to decide where to store it and it all boiled down to 3 options ...
1. Bank (or some other entity) safe deposit box
2. A home safe
3. Cleverly hide where nobody will normally look.
Ultimately I chose option #3. My reasoning was that options #1 and #2 are only giving you a false sense of security. The linked article explains why option #1 doesn't work perfectly. With option #2, if burglars invade your home and find a safe they will rightly assume there is something valuable inside of it. With option #3 however, you aren't advertising the presence of your gold and it just seems far less likely that it will ever be found.
That's my logic any way. You are all free to poke holes in it.
I also like the idea that most safes offer some level of fire protection, so if your house burns down, they might make it more intact.