Bullion Storage Options
Protecting It From Theft and Confiscation
If you own, or plan to own, physical silver and gold (not ETFs or mining stocks), then you need to consider your bullion storage options. The last thing you want to have happen is the theft of your precious metal.
Another action that's becoming more likely is the confiscation of bullion by your national government. If you live in the United States, confiscation is a real threat, especially for silver, since it's in such short supply for industrial and, particularly, military uses.
The absolute best form of protection is to never tell anyone that you have silver and gold bullion (or numismatic coins, or anything else that's small and worth a lot) in your possession.
If they don't know that you have it, they won't come looking for it. That goes for government agents too. Do not ever mention to anyone in an official government capacity (or even a friend who works for the government) that you own physical silver and gold.
Or else someday you might hear a knock on the door. Even worse, there may be no knock, just your front door being broken down. Yes, that's alarmist. But why take chances?
Below you'll find brief discussions about the various types of bullion storage, with links to separate pages that discuss them in detail. We'll be adding them page by page over the next few days.
Storage at Home
Storing bullion at home keeps it under your control, but also puts it at risk from robbers and looters. You'll need to find or build a very secure, and hidden, place to store your silver and gold.
Click here to learn about storage locations and devices you can use at home.
Secure Storage Near You
If you don't want to keep your bullion at home, yet still want it under your control, then some sort of nearby storage may be best.
Click here to learn about nearby storage locations you can use for your silver and gold, and the ones to avoid.
Allocated Bullion Storage
You can also own bullion but not take possession of it (at least, not until you need it). Allocated storage gives you proof of ownership of specific amounts of silver and gold.
Unallocated Bullion Storage
The least safe form of storage is unallocated storage. If you choose this type, you have no claim on any particular physical silver or gold item (a bar, or coins, for example).
Summary
Depending on your requirements, your tolerance for risk and your trust in large systems during hard times, you have several bullion storage options.
Each of these options has its upside and downside. Read each article here to ensure you choose the bullion storage option (or options) that best suits your needs.
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