I know some of the regular posters in this section are pro gold.
Probably one of the biggest obstacles to people investing is gold is not knowing where or how to store it to ensure safety.
What is the best method of storing gold/silver? Would you recommend keeping it in a personal safe? A safety deposit box at a bank? Burying it in the ground somewhere late at night where no one will ever find it pirate style?
Also what insurance options are there? Do banks insure safety deposit boxes past $100k?
Law enforcement confiscating money/precious items seems to be on the rise. Are there any tips for avoiding having gold/silver confiscated?
I would be interested to hear thoughts on this as it could represent one area where gold/silver might be considered less preferable to crypto.
I think Gold storage is a problem especially if we have a lot of gold. my advice if gold has passed 100 grams, don't store it at home unless we put in safe deposit box and our house have high security system. Because gold is an object that very targeted by thieves. another way is we can entrust our gold to the bank that provides a special place for gold storage. and is usually placed in a special place of high security so it is very safe.