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Safety Deposit Boxes The banks are not interested

#1 User is offline   Quiet Guy 

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Posted 04 April 2012 - 10:13 PM

Money Box discuss safety deposit boxes and banks. Basically, most banks don't want to know and have been asking their customers to move to more expensive third-party providers. Asian communities who traditionally hold gold in the family are being targeted by burglars with metal detectors.

From 15:20 to 19:35

http://www.bbc.co.uk...Box_17_03_2012/

#2 User is offline   Russe11 

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Posted 04 April 2012 - 10:38 PM

View PostQuiet Guy, on 04 April 2012 - 10:13 PM, said:

Money Box discuss safety deposit boxes and banks. Basically, most banks don't want to know and have been asking their customers to move to more expensive third-party providers. Asian communities who traditionally hold gold in the family are being targeted by burglars with metal detectors.

From 15:20 to 19:35

http://www.bbc.co.uk...Box_17_03_2012/


what a load of shit, metal detectors are next to useless in a house.

makes no difference if it gold or any other assett of high value if its not secure its likely to be at risk to be targeted.

#3 User is offline   Take Me Back To London! 

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Posted 06 April 2012 - 05:49 PM

View PostRusse11, on 04 April 2012 - 10:38 PM, said:

what a load of shit, metal detectors are next to useless in a house.

makes no difference if it gold or any other assett of high value if its not secure its likely to be at risk to be targeted.


Pin point detectors are the type needed for searching in houses. I recommend stashing in places within the house that is masked by other structural metal.
Bankers may well have acted as if they’ve been sitting in the casino during the boom years. But it was a state-owned casino, with governments as the croupiers, and central bankers behind the bar giving out free booze.

John Stepek

#4 User is offline   Russe11 

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Posted 07 April 2012 - 03:56 PM

Yeah it will pin point that big lump of metal with a lock on it known as a safe.

#5 User is offline   Old Nis 

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Posted 07 April 2012 - 05:57 PM

A safe is fine. Never, ever, use a safety deposit box, particularly in a country where some of the Police are utterly corrupt - like this one;

http://www.darkgover...-london-police/

and

http://www.vantisplc...epositboxes.htm

(This is the story about the police confiscating 3600 safety-deposit boxes in London and then drilling/cutting them open; of these, only 1800 had contents which are likely to lead to prosecutions. The HMRC then rifled through the results, with a view to conducting a "fishing expedition" for tax investigation purposes).
"They'll print money until we run out of trees."
- Jimmy Rogers

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