How To Hide Gold At Home And How NOT To Hide Gold or Silver

Once you decide to buy Gold, you likely wonder how to hide Gold at home or where to hide it. Do you hide precious metals IN the house or out in the backyard? What are the various considerations?

The last thing you want to do is lose the Gold and Silver you worked hard to pay for.

Most people are concerned with having their metals stolen, but actually that is not the only potential risk to your Gold coin stash.

While having boxes of Gold coins worth millions stacked in the garage of a deceased man makes the news, few people are willing to trust their wealth to such a simple manner of storage and expect it to be as safe as his was.

Hiding In Plain Sight

What that old timer did is known as hiding in plain sight. You may recall the movie “Matchstick Men” where Nicolas Cage’s character had lots of cash stored in a ceramic dog right there in the living room. After all, most burglars head to the master bedroom, I think, expecting valuables to be there.

The risk with hiding in plain sight is that someone will accidentally stumble over it and then… it’s likely going to be gone. Maybe a friend or even a relative who is ordinarily honest simply cannot overcome such an extreme temptation.

Further, there is no protection against fire, tornado or hurricane with such a strategy.

Hiding Gold In Your Home

If you have a home with any kind of “unfinished” area that is accessible, like an attic or an unfinished basement, there are practically unlimited places you could hide Gold and Silver in your house that no one would ever find.

Knowing how to hide Gold at home is not as difficult as knowing what NOT to do or what risks you may not be considering.

You can even take steps to thwart a metal detector, such as planting lots of “false positives” like steel rods, aluminum, copper and brass in areas where the Gold coins are and where they are not.

PVC pipe is probably the easiest to work with, a task most homeowners could successfully tackle. Simply “T” onto a real pipe with another piece (sealed off) that looks like it belongs but dead ends in a wall or ceiling.

Blown in attic insulation, or even bats on insulation give you almost infinite places to hide some Gold coins in your home or even a fair quantity of Silver.

Problems, though, still exist. In a fire, Gold and Silver will not burn up but they can melt into unrecognizable form and lose a considerable amount of value. Even the firemen could find and walk away with them.

A tornado or hurricane could carry your precious metal into the next county or even just scatter Gold and Silver coins all over your block or farm.

Hiding Gold In Your Backyard

When you bury Gold or Silver coins and bars in your backyard it is often referred to as “midnight gardening” because you do not want to be seen doing it in the daylight.

That said, if someone DOES see you out at night with a shovel they are either going to suspect you of burying SOMEONE or SOMETHING of value.

A plausible reason to be digging, done in daylight, can often be a better approach.

There was an article by a popular Gold and Silver website suggesting that you can hide your Gold coins in fake rocks, hollowed out logs or other places around the outside of your home.

None of these appeals to us simply because they are not “nailed down” adequately.

I would much rather bury Gold, Silver or cash and if necessary put a large rock on top of it that could only be moved with my compact tractor than have one of those $150 fiberglass rocks that people hide irrigation valves under that can be easily found by accident (looking for the shutoff) or even found when someone decides to steal that expensive fake rock!

Make Sure You Do NOT Do This!

Whether you are considering hiding Gold at home in the house or out in the yard there is another risk that many do not adequately consider or plan for, and that is the risk that you will forget about it when you move or your untimely death leaves no way for heirs to find it.

You absolutely MUST leave a map of some sort for yourself (think Alzheimer’s) or your designated heirs.

Additionally, though, should you sell your home there is so much going on between tasks to get done and the stress of everything that one actually CAN FORGET about the Gold or Silver coins you have hidden in your house or in the yard.

What Kind Of Container Can I Bury Gold At Home In?

Any time you decide you want to hid Gold, Silver or other valued items outside you need to make sure you do so in a completely weather proof container.

Much has been said about PVC; taking a length of 3, 4 or 6 inch PVC pipe and gluing a cap on each end. Yes, that will work to seal your valuables from the weather but it does not offer you access without cutting the pipe each time resulting in a shorter and shorter “safe” each time and buying more PVC fittings.

We think there is a better solution.

There is a company that makes a small hidden safe that can be buried and not only be completely weather proof but also give you access to open and close it as many times as you want.

The goal of our website is to educate people on why, how, and where to buy and store Gold, Silver or other precious metals. How to hide Gold at home is one area that we try to cover in addition to services that will securely store precious metals in secure vaults both in this country and offshore. The address of our site, Buy And Store Gold, is http://BuyAndStoreGold.com.

Article Source: http://EzineArticles.com/?expert=Roger_Bond

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BUY GOLD LIKE AN INSIDER


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How To Make Money Buying and Selling Gold


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Investing in Precious Metals – Beware of the Pitfalls

Expert Author NI Jocson

It is easy to invest in precious metals.

But what you should be mindful of, first and foremost, is to opt for physical consignment of gold. Whether you store it in your personal vault or have it stored in a segregated depository, it does not matter as long as your priority in investing in precious metals is physically owning them (the metals).

If, however, you have a solid investing background, you may go with other investment vehicles. But for the sake of saving you a lot of troubles and most specially the money you worked hard for, go for physical delivery of your metals. That should be your strong position when it comes to precious metal investing.

Beware of the Pitfalls

 

    • ETFs or exchange-traded funds - are traded just as you do with stocks. An ETF maybe a very good medium if you are into trading but may work against you big time if you chose to use it in investing. If you’ll be purchasing an ETF remember that there is no gold or silver in it – just as mentioned, you have to get physical when it comes to precious metals.
    • Pools and Certificates give you a “promise” of gold or silver and many are lured to buy them because they appear to be cheaper. These do not charge you fees for storing metals because simply no metals are actually stored. And they are funding their investments collected from the buyers.
    • Using leverage such as optionsmargins, and futures - is too risky for an investor who does not know how to use it. And you are actually giving someone your money and invest it for you. You have to get educated if these vehicles are what you want to use.
    • Numismatics. Still, you have to do your own verification, buying numismatics is for collectors (most of the time). If it is your hobby to collect these types of coins then go. But getting into it as an investment may not work well for you. You will be limited to buyers of rare coins who are only a few of them out there.
  • Fraudsters, scammers and con artists. Beware of customer service pushing you to buy rare coins. If they are so pushy about it, make sure you do not end up buying the coins. Commemorative coin scams - if you watch an ad about such a coin, beware of it, must be a scam. If you remember the Freedom Tower Silver Dollar (claimed to be retrieved from Ground Zero debris),the con artist refunded more than $2 million to those who purchased the fake coin. Beware of scammers online selling slabbed coins. These people can buy slabs and slide coins already counterfeited. Numismatic coins are easily counterfeited than bullion coins.

 

Harness your power of spotting the pitfalls! Do not fall into these schemes! Find here the best gold and silver investment company.

Article Source: http://EzineArticles.com/?expert=NI_Jocson


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The End of Paper Wealth is Upon Us - Michael MacDonald and Christopher Whitestone
The Silver Bomb


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BUY GOLD LIKE AN INSIDER


All you have to do to get your piece of the pie is to ask.
How To Make Money Buying and Selling Gold


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Gold Coins and Rounds

Investors that buy gold coins today, have an increasingly larger number of options to choose from. Their ideal size – varying from 1/10 oz up to 1 oz gold coins – make them both affordable and attractive for most precious metal investors. They are round, minted by a government mint, and bears a currency value, equal to that of their country of origin, or the country in which they are intended to be used. The currency value is merely symbolic and does not equal the value of the gold content within the coin.

The reason why all round shaped pieces of precious metal aren’t called coins, but also rounds, is that the word “coin” is reserved by the United States Mint for circulating currency minted by government mints world wide. Most investors that buy gold coins, does that because they consider them as a more secure product to invest in, since the coin is backed by a government and will most likely be in production for a long time.

The purity standard for these coins is somewhat different from silver. Since it’s such a malleable and soft metal, pure gold coins are very fragile and sensitive to mechanical wear and impact. In the old days when real gold was actually used to make circulating currency, the gold purity was lowered by adding silver and copper to the gold. This alloy is commonly know as crown gold and are still used today in some popular gold coins, like the American Gold Eagle (which features the statue of liberty on the obverse and a soaring eagle on the reverse). To compensate for the lack of gold in this alloy (91.67%), the American Gold Eagle is heavier than other coins. This makes the total amount of pure gold contained in the American Eagle coin exactly 100% of the weight stated on the reverse side of the coin.

Other gold bullion coins usually have a purity of about 0.999. In other words, they have less than 0.1% impurities. Canadian gold coins, like the Gold Maple Leaf made by the Royal Canadian Mint (RCM) are sometimes made with a purity of 0.9999, which is amongst the finest of all mass produced solid gold coins in the world. All of these coins are strictly for investing and collecting, and must be handled with the utter most care, since damaged, scratched, or otherwise out of state conditioned coins will have a reduced value.This will again affect the price of his investment, once the investor advertises his gold coins for sale.

If you would like to learn more about this interesting topic, make sure to check out this article about silver coins, or visit Gold Is Cash Today for tons of resources, articles, tips, and tools.

Article Source: http://EzineArticles.com/?expert=Nico_Jensen


Suggested Reading


The End of Paper Wealth is Upon Us - Michael MacDonald and Christopher Whitestone
The Silver Bomb


Learn Gold Buying Insider Secrets to Protect Your Money NOW
BUY GOLD LIKE AN INSIDER


All you have to do to get your piece of the pie is to ask.
How To Make Money Buying and Selling Gold


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