So who keeps their gold in a safe deposit box?

[CiscoKid]

Banks Notified By DHS Of Unannounced Warrantless Looting Of Personal Accounts Or Safe Deposit Boxes
Friday, March 30, 2012 7:10
http://beforeitsnews.com/story/1962/...sit_Boxes.html

The Last Official Act of Any Government is to Loot the Nation...

According to in-house memos now circulating, the DHS has issued orders to banks across America which announce to them that "under the Patriot Act" the DHS has the absolute right to seize, without any warrant whatsoever, any and all customer bank accounts, to make "periodic and unannounced" visits to any bank to open and inspect the contents of "selected safe deposit boxes."

Further, the DHS "shall, at the discretion of the agent supervising the search, remove, photograph or seize as evidence" any of the following items "bar gold, gold coins, firearms of any kind unless manufactured prior to 1878, documents such as passports or foreign bank account records, pornography or any material that, in the opinion of the agent, shall be deemed of to be of a contraband nature."

DHS memos also state that banks are informed that any bank employee, on any level, that releases "improper" "classified DHS Security information" to any member of the public, to include the customers whose boxes have been clandestinely opened and inspected and "any other party, to include members of the media" and further "that the posting of any such information on the internet will be grounds for the immediate termination of the said employee or employees and their prosecution under the Patriot Act."

If people have their emergency money in a safe deposit box or an account in a bank that closes, they will not be allowed into the bank to get it out. They can knock on the door and beg to get in but the sheriff’s department or whoever is handling the closure will simply say “no” because they are just following orders.

Deposit box and account holders are not warned of the hazards of banking when they sign up. It is not until they need to get their cash or valuables out in a hurry that they find themselves in trouble.

Rules governing access to safe deposit boxes and money held in accounts are written into the charter of each bank. The charter is the statement of policy under which the bank is allowed by the government to do business.

These rules are subject to change at any time by faceless bureaucrats who are answerable to no one. They can be changed without notice, without the agreement of the people, and against their will.

People can complain but no one will care because this is small potatoes compared to the complaints that will be voiced when the executive order that governs national emergencies is enforced.

www.care2.com/news/member/322740700/2717199

[TimoneX]

Stories like this make you wonder just how much further TPTB will be able to kick the can down the road.

I need to pick up more ammo.

[Joseph]

I got a safety deposit box at my credit union a few months ago. Still cannot bring myself to put anything in it

[budfox]

I wonder if they found the turd I left in mine yet...

[bonedaddy]

My 40 mercury dimes and one 1945 dos peso are locked safely in a $3,300 safe with a 2.5 hour fire rating, and bolted to my concrete foundation.

I restore antique safes as a hobby, so I always have more safes sitting around than stuff to put in them. I have safes sitting in my shop that weigh as much as 1,200 pounds dating back to the early 1800s. The modern fire safes (canon, liberty, winchester, etc) can be pryed or cut very easily. These old safes are a different story. Safety Deposit Box? Huh uh! No way! I want my dimes close.

[Joseph]

My 40 mercury dimes and one 1945 dos peso are locked safely in a $3,300 safe with a 2.5 hour fire rating, and bolted to my concrete foundation.

I restore antique safes as a hobby, so I always have more safes sitting around than stuff to put in them. I have safes sitting in my shop that weigh as much as 1,200 pounds dating back to the early 1800s. The modern fire safes (canon, liberty, winchester, etc) can be pryed or cut very easily. These old safes are a different story. Safety Deposit Box? Huh uh! No way! I want my dimes close.

BD - if one was to look for an old safe that was "bullet proof", what name brands would he look for ? what could he expect to pay ?

wow - I just googled "antique safe restoration" - unbelievable the number of hits. who knew

very cool

[bonedaddy]

BD - if one was to look for an old safe that was "bullet proof", what name brands would he look for ? what could he expect to pay ?

wow - I just googled "antique safe restoration" - unbelievable the number of hits. who knew

very cool

Really any safe made in the mid to late 1800s that is in a usable condition now is virtually impossible to pry or cut. They are made of real steel plates (some 3/8" to 5/8" thick) and lined with a special concrete/cement ... some as think as 10". Any safe with "Herring" in its name will be a very difficult safe to crack. Herring had most of the early patents on safe manufacturing. Herring Safe Co., Herring and Farrel Safe (or Farrel and Herring if it was made in Farrel's Chicago factory), Herring, Hall, and Marvin Safe is probably the best know of the later 1800's/early 1900's. I even have a safe in my shop made by "Reliable Safe Co" in 1914 that is incredibly strong for a safe made by a small company.

Honestly, I buy most of my safes and antique strong boxes off eBay and craigslist. Just like buying PM, if you are patient, you can find good deals. I gave $30 for the Reliable Safe on eBay with a pickup about an hour from my home. The big problem with buying these old safes is transporting them afterwards. A 1000 pound safe would cost more in freight than the safe itself would cost ... sometimes x 2. The Reliable Safe is about 32" tall, 24" wide, and 24" deep (outside). The inner walls of concrete are about 5-6" thick. That small one weighs well over 600 pounds. I had to use a motorcycle ramp and a wench to pull it up into my pickup ... and my wench did not like pulling that much dead weight up an aluminum ramp. The largest I currently have in my shop was also bought on eBay for $600 and had to drive 6 hours to pick it up. They had a forklift to load it in my truck and I had to hire a water well service company to lift it out at my house. It took 4 of us to push it in the garage ... and it has functional wheels ( no bearings). That safe is 48"x36"x36" and weighs around 1,200 pounds. Once restored, that will be my pride and joy. 1871 Herring's Patent Champion made by Herring and Farrel (Herring's NY factory). This safe was used at the 1872 Paris Fair and Trades Show.

Old safes are fun, but HEAVY. You can usually pick up one that still functions for dirt cheap compared to modern sheet metal safes. You may have to clean it, get a safe tech to maintain the lock(s), and maybe a touch of paint. But you will always have a piece of history. If you restore it, you can buy a safe for $100, put $500 in restoring it (+time) and sell it for $3500+

If you have big bucks ($3000+) and can handle the weight, check out the old "cannonball safes". They normally weigh in excess of 2000 pounds, and NOBODY is breaking in one of those. A well restored cannonball safe can sell for $10,000 and up.

[southfork]

http://www.lawknowledge.org/criminal...ocedure/15600/

Agents to search Safe Deposit Boxes WITHOUT Search Warrants. Claims a right under

Tags: agents, bank, banks, box, boxes, claims, criminal, department, deposit, dhs, homeland, important, law, procedure, safe, search, security, urgent, warning, warrants, writing

IMPORTANT AND URGENT WARNING FOR ANYONE WITH A BANK SAFE DEPOSIT BOX:
U.S DEPARTMENT OF HOMELAND
SECURITY HAS TOLD BANKS - IN WRITING - IT MAY INSPECT SAFE DEPOSIT
BOXES WITHOUT WARRANT AND SIEZE ANY GOLD, SILVER GUNS OR OTHER
VALUABLES IT FINDS INSIDE THOSE BOXES!

According to in-house memos now circulating, the DHS has issued orders
to banks across America which announce to them that "under the Patriot
Act" (whatever that crap means) the DHS has the absolute right to
seize, without any warrant whatsoever, any and all customer bank
accounts, to make "periodic and unannounced" visits to any bank to
open and inspect the contents of "selected safe deposit boxes."
Further, these boxes, taken from a DHS list of people who are
considered "hostile to the present government, citizens who have
visited outside the United States before or after 9/11 to countries
now considered to be hostile to this country" " :Russia, Peoples
Republic of China, Mexico, Guatemala, Spain, Italy, Egypt, France,
Syria, Lebanon, Libya, Turkey or the Sudan" or any citizen who has a
bank account in any of those listed countries are considered to be of
legitimate interest in the "ongoing investigations into foreign and
domestic terrorism."

Further, the DHA "shall, at the discretion of the agent supervising
the search, remove, photograph or seize as evidence" any of the
following items"bar gold, gold coins, firearms of any kind unless
manufactured prior to 1878, documents such as passports or foreign
bank account records, pornography or any material that, in the opinion
of the agent, shall be deemed of to be of a contraband nature."

DHS memos also state that banks are informed that any bank employee,
on any level, that releases "improper" "classified DHS Security
information" to any member of the public, to include the customers
whose boxes have been clandestinely opened and inspected and "any
other party, to include members of the media" and further "that the
posting of any such information on the internet will be grounds for
the immediate termination of the said employee or employees and their
prosecution under the Patriot Act."

Currently, the two major targets of these completely illegal and
warrantless searches and seizures, are the California-based Bank of
America and the Compass Bank. The former is one of the largest banks
in the United States and Compass Bank ( Compass Bancshares, Inc). is a
$30.1 billion Southwestern financial holding company which operates
385 full-service banking centers including 139 in Texas, 89 in
Alabama, 73 in Arizona, 42 in Florida, 32 in Colorado and 10 in New
Mexico.

Of extraordinary interest to the DHS are Bank of America records
relating to their Bank Of America <>'SafeSend Money to Mexico'<>
program.

It should be noted that the DHS states that "in the event that the
owners of these confiscated objects do not file an administrative
complaint within three (3) months subsequent to said confiscation, the
aforesaid items shall pass to the permanent custody of the DHS"

Isn't that wonderful? You and your wife are visiting relatives in
France, Uncle Einar's $100,000 collection of gold coins is lifted out
of your box and you don't get back to the United States for two months
and don't check your looted box for another four months. My, some nice
DHS person, or maybe two, has a nice new BMW to show off to his
neighbors. Tough luck, Uncle Einar!

Oh, and you might like to know that the spate of "robberies" of bank
credit card and personal data that took place in and around February
of 2005, were not robberies at all. The DHS, using its muscle, simply
went off with trucks full of data to mine at their leisure. The banks
involved said nothing, and will say nothing. If they do, their people
will be at a nice Federal country club, making shoes for the Army
while the DHS bosses, to include the FEMA thieves, will be buying
property on Rodeo Drive in Beverly Hills or Palm Desert. Or some nice
marina like Marine del Ray to keep their nice new 150' yacht.

To date, in California alone (the only report I have seen) over 1,500
banks have been "visited" and boxes rifled between January, 2005 and
January, 2006.

[bonedaddy]

I wonder if the same has been communicated to the bullion storage facilities. Could DHS pilfer from one of those, tell the facility they could not say anything, and get free gold in 6 months? I don't even think most storage facilities allow "viewing" of your stored PM. If they are not aloud to say anything, isn't that like robbing a house and telling the homeowners - if you call the cops we'll come back and take care of you?

How do we fix this problem? And don't say "vote for Ron Paul". It is obvious that things are way past who is in the white house. There are things at play that no mere president can fix.

[southfork]

[QUOTE=bonedaddy;379055]I wonder if the same has been communicated to the bullion storage facilities. Could DHS pilfer from one of those, tell the facility they could not say anything, and get free gold in 6 months? I don't even think most storage facilities allow "viewing" of your stored PM. If they are not aloud to say anything, isn't that like robbing a house and telling the homeowners - if you call the cops we'll come back and take care of you?

How do we fix this problem? And don't say "vote for Ron Paul". It is obvious that things are way past who is in the white house. There are things at play that no mere president can fix.[/QUOTE

The problem is I only trust you and me, and sometimes Im not quite sure about you so ergo, no one holds my metals but me. End of problem.

[CiscoKid]

I had to use a motorcycle ramp and a wench to pull it up into my pickup ...

Pictures of the wench or it didn't happen.

[WhyKnow]

Any safe with "Herring" in its name will be a very difficult safe to crack.

I keep most of my silver in an SD box cause of where I live. I might get an old red Herring to throw folks off track though.

[andial]

"Behind every lame government law is an asshole government employee"

Unknown author

[bonedaddy]

Pictures of the wench or it didn't happen.

Of course she only operated the controls on the winch

[birddog]

This guy did..........


http://www.goldismoney2.com/showthre...d=1#post380093

One more reason not to put PMs in a safe deposit box.

[REO 54]

Really any safe made in the mid to late 1800s that is in a usable condition now is virtually impossible to pry or cut. They are made of real steel plates (some 3/8" to 5/8" thick) and lined with a special concrete/cement ... some as think as 10". Any safe with "Herring" in its name will be a very difficult safe to crack. Herring had most of the early patents on safe manufacturing. Herring Safe Co., Herring and Farrel Safe (or Farrel and Herring if it was made in Farrel's Chicago factory), Herring, Hall, and Marvin Safe is probably the best know of the later 1800's/early 1900's. I even have a safe in my shop made by "Reliable Safe Co" in 1914 that is incredibly strong for a safe made by a small company.

Honestly, I buy most of my safes and antique strong boxes off eBay and craigslist. Just like buying PM, if you are patient, you can find good deals. I gave $30 for the Reliable Safe on eBay with a pickup about an hour from my home. The big problem with buying these old safes is transporting them afterwards. A 1000 pound safe would cost more in freight than the safe itself would cost ... sometimes x 2. The Reliable Safe is about 32" tall, 24" wide, and 24" deep (outside). The inner walls of concrete are about 5-6" thick. That small one weighs well over 600 pounds. I had to use a motorcycle ramp and a wench to pull it up into my pickup ... and my wench did not like pulling that much dead weight up an aluminum ramp. The largest I currently have in my shop was also bought on eBay for $600 and had to drive 6 hours to pick it up. They had a forklift to load it in my truck and I had to hire a water well service company to lift it out at my house. It took 4 of us to push it in the garage ... and it has functional wheels ( no bearings). That safe is 48"x36"x36" and weighs around 1,200 pounds. Once restored, that will be my pride and joy. 1871 Herring's Patent Champion made by Herring and Farrel (Herring's NY factory). This safe was used at the 1872 Paris Fair and Trades Show.

Old safes are fun, but HEAVY. You can usually pick up one that still functions for dirt cheap compared to modern sheet metal safes. You may have to clean it, get a safe tech to maintain the lock(s), and maybe a touch of paint. But you will always have a piece of history. If you restore it, you can buy a safe for $100, put $500 in restoring it (+time) and sell it for $3500+

If you have big bucks ($3000+) and can handle the weight, check out the old "cannonball safes". They normally weigh in excess of 2000 pounds, and NOBODY is breaking in one of those. A well restored cannonball safe can sell for $10,000 and up.

check it out bonedaddy.....http://seattle.craigslist.org/sno/atq/3005506474.html

[anotherdave]

I keep all my gold on a big chain around my neck!

.

[REO 54]

Really any safe made in the mid to late 1800s that is in a usable condition now is virtually impossible to pry or cut. They are made of real steel plates (some 3/8" to 5/8" thick) and lined with a special concrete/cement ... some as think as 10". Any safe with "Herring" in its name will be a very difficult safe to crack. Herring had most of the early patents on safe manufacturing. Herring Safe Co., Herring and Farrel Safe (or Farrel and Herring if it was made in Farrel's Chicago factory), Herring, Hall, and Marvin Safe is probably the best know of the later 1800's/early 1900's. I even have a safe in my shop made by "Reliable Safe Co" in 1914 that is incredibly strong for a safe made by a small company.

Honestly, I buy most of my safes and antique strong boxes off eBay and craigslist. Just like buying PM, if you are patient, you can find good deals. I gave $30 for the Reliable Safe on eBay with a pickup about an hour from my home. The big problem with buying these old safes is transporting them afterwards. A 1000 pound safe would cost more in freight than the safe itself would cost ... sometimes x 2. The Reliable Safe is about 32" tall, 24" wide, and 24" deep (outside). The inner walls of concrete are about 5-6" thick. That small one weighs well over 600 pounds. I had to use a motorcycle ramp and a wench to pull it up into my pickup ... and my wench did not like pulling that much dead weight up an aluminum ramp. The largest I currently have in my shop was also bought on eBay for $600 and had to drive 6 hours to pick it up. They had a forklift to load it in my truck and I had to hire a water well service company to lift it out at my house. It took 4 of us to push it in the garage ... and it has functional wheels ( no bearings). That safe is 48"x36"x36" and weighs around 1,200 pounds. Once restored, that will be my pride and joy. 1871 Herring's Patent Champion made by Herring and Farrel (Herring's NY factory). This safe was used at the 1872 Paris Fair and Trades Show.

Old safes are fun, but HEAVY. You can usually pick up one that still functions for dirt cheap compared to modern sheet metal safes. You may have to clean it, get a safe tech to maintain the lock(s), and maybe a touch of paint. But you will always have a piece of history. If you restore it, you can buy a safe for $100, put $500 in restoring it (+time) and sell it for $3500+

If you have big bucks ($3000+) and can handle the weight, check out the old "cannonball safes". They normally weigh in excess of 2000 pounds, and NOBODY is breaking in one of those. A well restored cannonball safe can sell for $10,000 and up.

check it bonedaddy.....http://seattle.craigslist.org/sno/atq/3005506474.html

[bonedaddy]

check it bonedaddy.....http://seattle.craigslist.org/sno/atq/3005506474.html

I would love to get ahold of something like that. I just don't have the equipment to handle one that heavy. One like that ... with a premium restoration ... could sell for $30,000 or higher.

[REO 54]

I would love to get ahold of something like that. I just don't have the equipment to handle one that heavy. One like that ... with a premium restoration ... could sell for $30,000 or higher.

I got a Deuce! That safe is sure cool. I get your interest.

[Ragnarok]

I think it depends on just what kind of safe deposit box you're talking about.

I think my gold's pretty safe in this one.



R. ;-)

[TimoneX]

I think my gold's pretty safe in this one.



R. ;-)

Poopy business!

[anywoundedduck]

Many of us have been advising everyone for years on GIM, to not use a safety deposit box for your physical PM.

I highly recommend, that if you do still have bullion sitting in a safety deposit box (oxymoron), you must get it, hold it, and own it.

You do not own it, unless you hold it.

[REO 54]

Poopy business!

Uh,not from me....your local septic pumper.

I have the ability to covert poop into FRN's......then into PM's. Ha! BM's into PM's.........lol

[kerdasi amaq]

Many of us have been advising everyone for years on GIM, to not use a safety deposit box for your physical PM.

I highly recommend, that if you do still have bullion sitting in a safety deposit box (oxymoron), you must get it, hold it, and own it.

You do not own it, unless you hold it.

Lead is a metal more precious than gold, for gold derives its value from the possession of lead.

If you don't own lead; can you truly claim to own your gold?