Post
Topic
Board Economics
Re: How safe is it to keep your money and gold underground?
by
milewilda
on 02/05/2024, 21:45:13 UTC
And that being said, how safe do you think it is? At this time?
As far as I know, the strategy for storing wealth, like what your grandmother did, is commonly used by children and grandchildren who survived World War II. I think almost the average person in this world does the same thing, What's more, people in Vietnam, Indonesia, countries that were part of the Soviet Union and so on, especially countries that were colonized and at war.

This kind of strategy was very safe to do at that time, this can be proven from the discovery of treasures all over the world, especially war-based countries, but nowadays with sophisticated technology and money storage places that have been created to be anti-robbery, like a safe, I think nowadays it's not a good idea to dig up the ground and store our wealth in it, maybe in that era, yes, it could be an effective idea for security.

My understanding is that there are times when ideas like that are safe from negative actions, maybe we have to adjust the conditions and circumstances in the method of storing assets safely.
If we do tend to compare it out on a safe then its really that something that more better than on digging up into the ground on which you dont really know whether it wont really be rotten or would really be exposed to moisture or any other elements on which it would really be able to affect it out considering on storing up some with fiat which we know that this could potentially be teared or could be wet or something but still this is something
that be effective and much sure that there are still to those people who would really be that making use of this kind of storing up their assets or whatsoever that they would be tending to hide on but we do know
that it would be much more confident that we would be storing into those known storage which is something more safer and you could really be able to access it out easily without digging up a hole.  Cheesy