8 Places to Hide Your Gold
Posted by
Rob |
July 14, 2010 .
Let’s say you’ve decided to invest in physical gold instead of paper gold. You’ve made a wise choice, but you’re not done quite yet.
Since you’ll soon we taking delivery of some actual gold, whether in coin or bar form, you need to put it somewhere. Here’s a list of 10 good places to hide your gold.
- Safety deposit box. Storing your gold at the bank has some real advantages. The biggest advantage is that you don’t need to worry about someone breaking into your home and walking off with your gold.
- Floor safe. A safe bolted to your floor (or better yet, actually in your floor) is awfully difficult to move.
- Bury it in your backyard. Before you call me crazy, think about it. Have you ever heard of a burglar digging around in someone’s back yard?
- In your walls. Pull off a piece of your molding that runs along the floor, and tuck a few coins inside
- Inside a fake electric socket. These are cheap and available online – little wall safes that look like electric outlets.
- Underneath your coffee. Tossing a bit of gold at the bottom of a coffee can is never a bad idea. Be sure to put them in a small plastic bag first, or you will have the strongest smelling gold in the world.
- In a fake pipe. Seal both ends of a length of PVC pipe with some gold inside, and mount it under your sink. No one but a plumber will have any clue it’s not real.
- Fake bottom on a cabinet. This one takes some work – it involves custom cabinetry with a false bottom built in. But it’s also just about foolproof, provided you do the woodwork yourself.
This is just a short list of ideas. There are endless great places to hide your gold – you just have to use your imagination. Remember – sometimes hiding your gold in plain site is the best choice of all.
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