If you have physical silver and/or gold in your possession and are storing it at home, there is a well written article that you should definitely read. In the article, the author talks about a friend of his that was robbed of some of his gold coins and is very upset about it. Especially since: 1) he suspects it was an "inside job"; and 2) there isn't a thing he can do about it because he can't prove a thing.
The author provides details on the three most common places to store gold along with some considerations for each. The article is titled "Robbed", the author is Jeff Clark and you can read the article at Safely Storing Your Gold. Scroll down a bit as the article isn't right at the top.
In a related article by the same author, readers of the "Robbed" article provide input and suggestions on storing gold and silver on which the author provides useful comments. This is good information and might save you a heartbreaking loss down the road. The article is titled "Think Like a Thief" and you will find it here. Again, scroll down to find the article.
At the time of this post (Monday evening) spot silver is up over $36 again at $36.26. Spot gold is up a couple of bucks at $1429.20. With all of the turmoil in the world (with no sign of a slow down) it should be an interesting week.
Thanks for reading.
Monday, March 21, 2011
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