Banks Protected Deposit Packing containers Are Not Protected … Particularly Now
In situation you have gold or silver money, gold jewelry, rubies, or various handy treasures in an economic establishment safe down payment area, is it safeguard? Gold stackers and also silver stackers is most likely to be surprised to locate out exactly how little government oversight there’s to the grey room of economic establishment protected down payment containers.
There’s little or no option to redeem your losses when mistakes are made or gizmos go doing not have.
When you research the weak points within the system, with today’s economic unpredictability may these problems be increased?
As reported within the NY TIMES 7/19/2019
” Protected Deposit Packing containers Aren’t Protected”
PLEASE NOTE: I’m not a financial consultant neither a security knowledgeable. There are disadvantages and also officers to any kind of system the area you can potentially seller your belongings. Please perform your private evaluation before picking a storage space system or investing in silver or gold.
#GoldStacker #SilverStacking #ProtectingYourWealth
In situation you have gold or silver money, gold jewelry, rubies, or various useful antiques in an economic organization safe and secure down payment area, is it safeguard? Gold stackers as well as silver stackers is most likely to be surprised to locate out just how little government oversight there’s to the grey room of monetary establishment protected down payment containers. Please perform your private evaluation prior to picking a storage space system or investing in gold or silver.
Silver Heist
I Put $3600 into Bank Savings in 1994 … and Then THIS Happened
https://youtu.be/iwGLPIJpg7g
Del Quezada
Humm.looks like THE BANK employees ARE used TO steel FROM people hoo EXPECT THERE property Will be safe THEN the BANK steels there property at any time with no reproductions
Silver Heist
It’s very uncool. Banks make ‘mistakes’, customer loses items, no one is held responsible.
diggy dice
I just saw a story about a California Judge who signed a blanket order to seize 1000 safe deposit boxes. It didn’t get
into how they manged to make this theft OK to do but just know that almost all US Bills that have circulated will have
drug residue or substances on them whereas a asset seizure can be defended? These 1000 boxes took 5 full days
to go thru them. The Bankers are criminals & it seems the Government wants to hurry to steal their share of the
wealth of Americans ? It’s a sick/bent/twisted = F#@Ked UP world we live in……. peace to all
Silver Heist
It was a private vault company and not a bank vault. The government alleges that “some” of the box renters could have been hiding illegal cash —- but they seized ALL the boxes. Guilty until proven innocent.
diggy dice
@Silver Heist ~ still one would think that a warrant ought to have a NAME on it ? I had a friend who was
stopped in South Louisiana in the early 90’s & they took $3,000 from him. Said there was drug residue on
some notes & it was considered drug money seizure. Sulphur Louisiana was notorious as one of the
1st departments to do asset seizures. I do a small amount of metal but I’m not gonna use any boxes
after these 2 stories. I’ll visit some of your videos, thanks
ROOT S
Wow I have read from your damn phone “dislike” I’ll read the article myself somewhere else! Pathetic!!
Silver Heist
Now you know where to find it!
NY TIMES. Glad I could help!
Joe Black
Another reason not to rent a safe deposit boxes are whenever the government wants it can go into them and seize the content for whatever reason they want to give
Silver Heist
Very true.
Shawn D
Bro it would have been better to summarize the article instead of reading word for word. People dont have that kind of patience.
Silver Heist
Thanks for watching the amount you found valuable.
mummysaidican'thaveabf
You think a business that revolves around the idea of “safety deposit box” is a good idea ?
Am thinking of a facility with medium sized liberty safes bolted down , 24/7 armed security looking down from a “security room” towering over the safes , biometric access controls !
Silver Heist
Read the story of FBI and private safety deposit boxes first. They seized *all* the boxes because they were suspicious some of the box holders were up to no good.
mummysaidican'thaveabf
@Silver Heist Good relations can solve all that . Tell me which customer and we will help them out with their operations.
JSE AHMED
The problem i see is the people they hire , i concern with the employees that have to escort you with their ”’Key ” to open your box some of them have hungry eyes especially if you go two or three times in two months ..i guess they get antsy to know what you have in your stash .
Silver Heist
But they only have one key? Your second key, they don’t also have?
alilacherruse
amen to the op.
It’s part of the process I detest.
I also use another box at another bank just to decrease the frequency of my visits & , hopefully shrink my presence.
I’ve purchased independent insurance but still…
JSE AHMED
@alilacherruse you got that right ..$$$
iwantcheesypuffs
I would of liked a link to the article much better. Sorry but I read much faster. This video is much better at 2X speed.
#1 Never ever trust a bank to keep your money or valuables
#2 Store them in a safe place that only YOU know
#3 Keep that secret to yourself
* somewhere under the basement cement in a sealed metal box — good option
Silver Heist
Nytimes. 7/19/2019
Safe Deposit Boxes Aren’t Safe
Thanks for watching and commenting
Narges Aboussedgh
It happened to me on Saturday, some one drill my box at case bank in walnut Creek California jewelry ,I don’t know where is my jwele
Silver Heist
Wow! Sorry to hear that.
John B
You reading is on point 👏👏👏
Michael Collins
Trust no Ass not even your own! All institutions in our country of ConAmerica are totally full of shit!
lynd tran
Don’t go to Wells Fargo is stealing a safety box nampa idaho
Silver Heist
Thanks for heads up
Paul Steel
Safety deposit boxes are a tax on the stupid. You would have to be really stupid to trust these Rothschild banks.
Silver Heist
All kinds of ways to lose with a safety deposit box.
Princess Marlena
That’s why I don’t trust Safe Deposit Boxes. The banks are scum, it’s bad enough I have to keep any money in them.
I worked for a jeweler that used bank safe deposit boxes to keep his inventory, to save on insurance. There was no room to construct a proper “vault”, in house. He took out “renters insurance” on the safe deposit boxes, the policy for was cheaper than insuring the merchandise for some reason.
But the bank was robbed, turned out a crooked bank employee was selling copies of the keys to her creepy boyfriend and his crew. They cleaned out the vault, and she was fired as well as jailed. The crew wasn’t caught, my boss was robbed but the renter’s insurance protected him. The bank did nothing to help.
Silver Heist
What a horror story. Glad insurance helped out a bit.
Princess Marlena
@Silver Heist thank you. Yeah banks have gotten worse over time. I left B of A for Wells Fargo because they suck slightly less.