CARES Act Withdrawal for GOLD/CASH ?

[ppnewbie]

I heard of a case where some people broke into house tortured the husband and wife to have them open the safe they had hidden, then killed them both. Storing a potentially large amount of easily liquified untraceable wealth in your own home is very dangerous in my opinion.

[SomeDude]

I heard of a case where some people broke into house tortured the husband and wife to have them open the safe they had hidden, then killed them both. Storing a potentially large amount of easily liquified untraceable wealth in your own home is very dangerous in my opinion.

I would encourage anyone to open their safe if threatened with torture, assuming you're not storing the nuclear codes.

Safes are for when you're not home.

If the murderers murdered them that's probably because murderers murder, not because there was a safe with gold in it.

If you're scared a hidden safe puts your valuables at risk you can put them under the fridge.

If done properly, your gold is much safer at home, at precisely the time you might need it.

[ppnewbie]

Don’t take this like I am in a battle with you because I would actually prefer to store at home if I did not have this big concern. But all it takes is for one person to other than yourself to have an idea that you may have gold stored in your house and you have lost control of that information. The criminals in this story broke in because they heard about the valuables.

[ppnewbie]

Also just like you said - being able to physically access your gold when needed is definitely the best option (without the risk that I perceive if possible).

[SomeDude]

Don’t take this like I am in a battle with you because I would actually prefer to store at home if I did not have this big concern. But all it takes is for one person to other than yourself to have an idea that you may have gold stored in your house and you have lost control of that information. The criminals in this story broke in because they heard about the valuables.

Ohhhh yes definitely don't tell anyone about your gold except maybe a few close family members so it can be retrieved if something happens to you. That is a key aspect of retaining the benefit of having it. It should be an invisible asset. If done right it really is.