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Hiding Your Gold in a Floor Safe

Hiding Your Gold in a Floor Safe is one of the best articles about Gold Investment. There are numerous posts on the web that examine Gold Investment, Hiding Your Gold in a Floor Safe among which we suggest for you. Hopefully the posts that individuals share under can be useful, improve knowledge and be a solution for you.

With the current rush to convert your investment dollars into gold and silver, an increasingly common problem that many people are having relates to how to store this new investment. It can come as quite a shock when you convert your stock certificates into gold bars and silver coins. A bag of silver coins can easily take up a significant amount of space.

A typical investment of around $15,000 dollars today is roughly equivalent to one full bag of junk silver coins weighing around 50 pounds To put this into perspective, the same dollar amount is roughly equivalent to 4,000 quarters or 10,000 dimes.

If you investment in gold or silver reaches this value or greater, you are going to start to have a difficult time hiding the metal around your house. For this reason, many people are turning to purchase a safe for their home. Storing your gold and silver in a locked safe is a much better alternative to hiding the coin under your bed or in your mayonnaise jar.

One of the varieties of safe that is particularly popular with gold and silver investors is the floor safe. The floor safe is unique in that it is installed directly into the floor of your home. This typically means that all but one side of the safe is surrounded by concrete. Not only does this limit the access points for intruders, but it also adds a degree of natural fire protection as well.

A floor safe can be installed in a variety of different circumstances. If you are forced to place your safe in your garage, you may want to consider installing a floor safe to hide your valuables. The floor safe can be covered with plywood or other solid materials, and then covered again by flooring designed for garages. This can be as simple as some old carpeting used for more comfortable work on your vehicles.

The main point of the floor safe is that is allows you to hide location of your safe from curious eyes or opportunistic intruders. By naturally including the safe into the room’s decor, you are capable of virtually eliminating any evidence of its existence.

Another advantage of the floor safe is that it provides a natural place to store your gold and silver. Even though one of the most common uses of a safe in the home is for gun storage, an increasingly number of average homeowners are using safes to store their investments. If you have a significant amount of physical gold or silver in your home, make sure that you take the necessary precautions to safeguard them from intruders.

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