If anyone thinks their money is safe inside the bank's safety deposit boxes.If you think the gold is still in Ft Knox?Dream on if you are not going to listen. Recently in California's fiscal woes.They emptied out people's safety deposit boxes to fund the State government's appetite to spend. The most remembered is when FDR singed Executive Order 6102 making possession of gold illegal that was constitutional money and seized people's safety deposit boxes not only stealing gold and silver. Many people's stock and bonds were stolen too.
If anyone wants to keep their valuables like coins in precious metals with stocks and bonds. I say do not get a safety deposit box at the local bank. Buy a safe. Bolt it to the floor in the basement or an obscure part of the house. Your home is a safer place than the bank. keeping your valuable property away from thieves to steal.The safest place is your house. I remember when seeing elderly people carry lots of cash on their person. Why?Because they remembered the Great Depression and never trusted a Bank ever since. Now I understand learning over the years this truth.I can not blame them at all.They were right.
It is 2011. The Federal Government is broke. The Congress and the President can not agree on a budget to make it to fiscal year 2012.If the government can not find the money to run from appropriations approved by Congress.Where will they look? It would not surprise me if they raided the safety deposit boxes to fund the government as the excuse. They might be planning to loot the people of precious metals so an alternative currency can not take place.To insure the Federal Reserve Bank can keep its monopoly on the issuance of the currency and keep us in debt slavery? It has been reported the Department of Homeland Security stated they have the right to have access to safety deposit boxes.If they can have access.They can also steal too.Do not underestimate what the government will do.
The last act of any government is to loot the wealth of a nation. If they decide to seize safety deposit boxes under the guise they need to fund the government.When in all intended purposes. They intend to steal the wealth of the people before the nation collapses. Gorbachev stole the wealth of Soviet Russia after the collapse of communism before settling in the Presedio. The best we can do to protect our wealth is to keep it out of reach of the government as far as possible. That means keeping your wealth and everything valuable out of the safety deposit boxes.I would not put it past them to go on a raid at the banks. Never underestimate the government to do one last heist on the American people before everything falls apart.