# Best, most secure way to store gold and silver? **URL:** \ **Category:** In My Humble Opinion\ **Created:** [October 1, 2019, 7:16am UTC](https://boards.straightdope.com/t/best-most-secure-way-to-store-gold-and-silver/841081 "2019-10-01T07:16:38Z")\ **Posts on this page:** 1\ **Showing post:** 7
**Author:** ![jz78817](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jz78817/32/1028_2.png) [@jz78817](https://boards.straightdope.com/u/jz78817)\ **Post date:** [October 1, 2019, 11:52am UTC](https://boards.straightdope.com/t/best-most-secure-way-to-store-gold-and-silver/841081/7 "2019-10-01T11:52:36Z")
> [@Marcus\_Flavius](#): > > I have 7k+ worth of gold and silver coins currently in my possession (don’t trust Fiat paper currency, and growing increasingly concerned with the shenanigans of the clowns who run the financial and banking system). > > I have these coins in a hiding place in my bedroom. In about 4-5 years time when I own a house, I plan to have someone drill a hole in the concrete and install a floor safe, like so: > > [https://locksmith-advisor.com/wp-content/uploads/2016/05/floor-safe.jpg](https://locksmith-advisor.com/wp-content/uploads/2016/05/floor-safe.jpg) > > But due to my current living arrangements, I cannot do this, or even have asmall safe bolted to the floor. > > What are some other storage options in the meantime, from now until I purchase my own home? Can a safe deposit box at the local bank be recommended? if our “fiat paper currency” collapses, what makes you think your gold and silver will save you? I know goldbugs and cryptocurrency nerds fantasize about how they’ll save the day when the “fed fails,” but lemme tell you something- the collapse of the USD would literally be a “TEOTWAWKI” event. I mean literal “people shooting each other” catastrophic. Food and ammunition will be currency, not shiny discs of relatively useless metal. --- _[View the full topic](https://boards.straightdope.com/t/best-most-secure-way-to-store-gold-and-silver/841081)._