There are many types of security. Security of your home and car with locks and alarm systems and a ‘Homeowner’s’ insurance policy as examples. There is, as I mentioned last week, the FDIC which insures your bank account, even though it has no reserves, it has access to the printing press, which will give a modicum of security. We have compulsory air bags on our cars and compulsory seat belts also, under threat of prosecution if we fail to use them. I believe that air bags can puncture ear drums, so loud are they, and I wonder if they really have saved enough lives to cover their danger and costs. I have an alarm system on my home as well as video cameras, which automatically take a movie of anyone entering my home. It resets itself every few days, and I never have to touch it. It saved me plenty once by filming an employee of mine who stole a 100 ounce silver bar, which was outside the safe.
Speaking of security and safes, I believe everyone should have a ‘gun safe,’ which can actually be a nice piece of furniture, and not only a place to store your metals, but important papers. I believe gun safes have a temperature rating so high, that fire will not destroy its contents. Many times a burned building or home is in ashes, but that safe remains. Some people bury their metals under-ground, and many times adjacent to a metal sewer or water pipe, so that a metal detector will not give it away. Burying does have possible unforeseen consequences though, and example of it is a friend of mine name Wiley. Wiley’s dad was a very successful businessman, and when he was much younger, he buried his coin collection, and years later, in an effort to find it he couldn’t remember where he had buried it. Wiley said that his dad was frantic and dug every place he could think of, but as far as I know, he never found it. Wiley’s dad had a fantastic home on a hill north of Durango Colorado, with a spectacular view. The Durango fire of a few years ago, burned his home to the ground. It was a disaster, and the remains still show on top of that hill when we go to Durango, which is a hundred miles south of us. I am sure he was well insured. Our home was built in 1887 of brick, and never has had fire of any kind, but if one should occur, the alarm system has built in smoke detectors, which would alarm us, and automatically summon the fire department.
Then there are safe deposit boxes at your bank, which I am ambivalent about, and have never had one. I am certain they are safe from fire and theft, but if Uncle Sam ever had an issue with you, I am sure your safe deposit box would be seized. You have to give your Social Security number when you get one, so your box is not safe from prowling government snooping. As an aside, I refuse to get a concealed carry permit, which I think is absurd. It’s perfectly legal to visibly carry a gun so everyone can see it, but you need a permit to carry a hidden one? Buying a permit, obviously gives away the fact that you own a gun or guns. It isn’t anyone’s business but mine.
There are also creeps and criminals who seem to take delight in burning churches or shooting them up. Our church locks the doors when the service begins with someone keeping an eye open for latecomers or suspicious characters. Our pastor has gone over with the congregation how to act or react if such a criminal ever gained entrance to our church, and has assured us that instant phone to the police would happen if it became necessary. We know the arrival time of law enforcement would be in the neighborhood of 3 minutes. Maybe your church should take a tip from ours.
I come from a long line of druggists who were also pharmacists. Prescriptions are a security measure of keeping harmful or habit forming drugs out of reach of those who don’t need them or might possibly abuse them. Pharmacists are ‘pill rollers’ true, but they also have a keen knowledge of the drugs they dispense. My granddad had his own drug store, and once got a prescription from a doc who prescribed some outlandish amount a drug of some kind. He called the doc and asked him if that’s what he really wanted for his patient. “My God Sam, you didn’t fill it did you?” Of course not, but while you might say that all they do is transfer pills from one bottle to another, believe me, a pharmacist has a lot of knowledge of his field. My great granddad had his own drug store in the 400 block of Pennsylvania Ave N.W. in Washington D.C., four blocks from the Capitol. I’ve got a photo of it with his name on the sign.
There are also fake storage places for your metals, including one which looks exactly like an electrical outlet. It is in reality a small place to store small valuables, and no one would ever guess it. I had one and gave it to a client, who thought it was great. Then, of course, (here it comes), the plain fact that there is no security saving in dollars, or even calling one of the TV advertisers for metals. Who do you think pays for those expensive ads? Gold and silver are real money for thousands of years on all nations, and under all conditions. If the currency is failing and prices are going up rapidly, making dollars or other currencies worth less and less every day? Gold and silver will go up in price as fast as the currency is declining. Gold and silver are inflation proof, and inflation is happening world-wide. – don@coloradogold.com