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Safest place to store gold in a nuclear war?

Posted: Tue Mar 08, 2022 9:09 am
by jason
Maybe this has been discussed in the past. In the off chance there is a global thermonuclear war, where is the best place for one's gold to be? I'm guessing my PHYS shares aren't it. But I worry about storing with a little company like GoldMoney, etc. What company, storage method, and storage location is best in a SHTF scenario?

Re: Safest place to store gold in a nuclear war?

Posted: Tue Mar 08, 2022 9:56 am
by I Shrugged
jason wrote: Tue Mar 08, 2022 9:09 am Maybe this has been discussed in the past. In the off chance there is a global thermonuclear war, where is the best place for one's gold to be? I'm guessing my PHYS shares aren't it. But I worry about storing with a little company like GoldMoney, etc. What company, storage method, and storage location is best in a SHTF scenario?
I personally believe the best compromise is to use multiple offshore vault companies. Assuming you have enough to do that.

Re: Safest place to store gold in a nuclear war?

Posted: Tue Mar 08, 2022 3:29 pm
by jason
I Shrugged wrote: Tue Mar 08, 2022 9:56 am
jason wrote: Tue Mar 08, 2022 9:09 am Maybe this has been discussed in the past. In the off chance there is a global thermonuclear war, where is the best place for one's gold to be? I'm guessing my PHYS shares aren't it. But I worry about storing with a little company like GoldMoney, etc. What company, storage method, and storage location is best in a SHTF scenario?
I personally believe the best compromise is to use multiple offshore vault companies. Assuming you have enough to do that.
Do you mean where I would have a direct relationship with the vault company? As opposed to using a company like GoldMoney, Bullion Vault, Kitco gold storage, Sprott gold storage, etc.? So, for example, are you suggesting I contact a vault service such as Brinks or comparable companies in various countries, and make arrangements to rent vault space and have gold delivered directly to the vaults?

Re: Safest place to store gold in a nuclear war?

Posted: Tue Mar 08, 2022 6:47 pm
by I Shrugged
jason wrote: Tue Mar 08, 2022 3:29 pm
I Shrugged wrote: Tue Mar 08, 2022 9:56 am
jason wrote: Tue Mar 08, 2022 9:09 am Maybe this has been discussed in the past. In the off chance there is a global thermonuclear war, where is the best place for one's gold to be? I'm guessing my PHYS shares aren't it. But I worry about storing with a little company like GoldMoney, etc. What company, storage method, and storage location is best in a SHTF scenario?
I personally believe the best compromise is to use multiple offshore vault companies. Assuming you have enough to do that.
Do you mean where I would have a direct relationship with the vault company? As opposed to using a company like GoldMoney, Bullion Vault, Kitco gold storage, Sprott gold storage, etc.? So, for example, are you suggesting I contact a vault service such as Brinks or comparable companies in various countries, and make arrangements to rent vault space and have gold delivered directly to the vaults?
I mean SWP Cayman or similar. They operate their vault and seem to contract with others. Texas Bullion Depository is another one.