Where can I hide my savings from Bernanke/U.S. Gov?

I have been saving for the last 5+ years for acreage/homestead, which I havent bought yet but hope to by the end of spring. SO I have some substantial savings sitting in a credit union.

Well piece of illuminati crap puppet Ben Bernanke recently came out and said if the dollar is collapsing and more situations like Cyprus create a domino effect, that U.S. would also possibly skim a percentage off of everyone's savings here in the States.

I already have some gold and silver, but I have cash sitting in the credit union so I can put in an offer on some land and get it done quick, instead having to sell my metals and wait to get that all done.

So now I'm wondering where I can stash my savings short term for the next 3-6 months and still have access to it for land purchase, while also keeping it away from Bernanke/U.S. Gov?

Mods, feel free to move if in wrong forum

reply to post by dominicus


(cash) In your home, in a well-hidden, bolted-in safe, protected by you having a gun or guns.

Reply to post by dominicus

Mattress.


Posted Via ATS Mobile: m.abovetopsecret.com

You dont want it in a bank?So what other options would you have?uh maybe pull it out of the bank and hide it in your house?Seriously is it that hard to figure it out?

Originally posted by indy0725
You dont want it in a bank?So what other options would you have?uh maybe pull it out of the bank and hide it in your house?Seriously is it that hard to figure it out?

It's quite a significant sum. There are various options so it is hard to figure out. There's bitcoin, off-shore accounts, money markets, stock, home/safe, over-seas municipal bonds. I'm hoping someone who has moved/stash a significant amount can chime in here ...because obviously it's not that easy to figure out, nor is it black and white

It's quite a significant sum. There are various options so it is hard to figure out.

I'll look after it for you

You could bury it somewhere or hide it under your pillow, safety deposit box maybe?

reply to post by dominicus


The problem with ALL of those things you listed, is that it all just becomes bytes and bits in those institutions. It isn't "real" anymore, and can be taken away by any number of ways, including your initial fear in the first place....

You think a lot of farmers don't have their cash stashed in hidden mason jars or safes? They do. They have a long history (and good reason) not to trust banks. It's only a risk if people know of it, and can find it. Personally, I think it's a lot less risky than keeping it as bytes and bits...but to each their own.

safety deposit box maybe

At least that is "real" vs. digital. It won't grow interest or anything, but really, what will that isn't a risk of some sort?

Originally posted by Gazrok
reply to post by dominicus

 

(cash) In your home, in a well-hidden, bolted-in safe, protected by you having a gun or guns.

What good will cash do you when it is worthless? Cash = Debt. Currency is nothing more than IOUs and if you hold cash then you are the debtor. Instead, take that cash and buy as much silver as you can at your local coin shop and put it in a safe in your home. The best way to buy silver... the most "bang for your buck" is to buy pre 1965 dimes, quarters and halves.

buy ar15s and resell them when you need the cash ,they sure won't go down in value.

Originally posted by dominicus

Originally posted by indy0725
You dont want it in a bank?So what other options would you have?uh maybe pull it out of the bank and hide it in your house?Seriously is it that hard to figure it out?

It's quite a significant sum. There are various options so it is hard to figure out. There's bitcoin, off-shore accounts, money markets, stock, home/safe, over-seas municipal bonds. I'm hoping someone who has moved/stash a significant amount can chime in here ...because obviously it's not that easy to figure out, nor is it black and white

You don't want any of your wealth in paper... trade that worthless debt paper in for some real, tangible assets. If you have a large sum then buy gold and keep it in your house in a VERY good safe.

Originally posted by Wifibrains
I'll look after it for you

You could bury it somewhere or hide it under your pillow, safety deposit box maybe?

I remember reading some bit of news somewhere that said something to the tune that if the President declares a national emergency, that they can come and Pilfer the safety deposit boxes. Also the Bank Holiday's they did in Cyprus, which was supposed to be 1-2 days, they extended it to the whole week.

So imagine they do a week-2 week long bank holiday in the states, which means even your safety deposit boxes are off limits

You don't want any of your wealth in paper... trade that worthless debt paper in for some real, tangible assets. If you have a large sum then buy gold and keep it in your house in a VERY good safe.

I got it in paper so I can write a check out to buy a homestead. Literally within this week, I got a few plots to look at and could be buying. Just waiting for "the one" ...came close once bought a counter offer beat me to it.

Originally posted by cavtrooper7
buy ar15s and resell them when you need the cash ,they sure won't go down in value.

Firearms are just as easy for the state to take away from you.

There are an unlimited number of excuses for the cops to come in and take every firearm you have that dont even involve you being charged with anything.

And getting them back is realistically impossible.

And you never have to have ever done anything even remotely wrong for it to happen to you.

If you are going to keep any tangible good as a store of wealth whether its firearms or gold do yourself a favor and buy face to face with cash.

The first barrier of protection is not letting anyone know it's there in the first place.

reply to post by dominicus
Do you have a link to where Bernanke said that? I haven't heard it. I don't doubt that they would, I would just link the link to spread it around. Thanks.

Panama. An American can not have a bank account in Panama, but Americans can open a foundation. A foundation can have a bank account in Panama.

Originally posted by dominicus
Well piece of illuminati crap puppet Ben Bernanke recently came out and said if the dollar is collapsing and more situations like Cyprus create a domino effect, that U.S. would also possibly skim a percentage off of everyone's savings here in the States.

WHAT?

Where did Bernake say he was doing this. Link please. If it's true, I'm going to the bank today.

If it needs to be left in CASH, try a Caymen Islands bank account or numbered Swiss account.
I once had an offshore Austrian account, but now would advise to stay away from anything in the EU.
BTW, looks like New Zealand might be doing the same thing as Cyprus considered, so I'd avoid AU and NZ as well.
Forget money market accounts, stocks, bonds - ANYTHING based in the USA is likely up for additional taxation.
As for gold & silver - just try and get a reasonable rate on spot price for your holdings and you'll find about 50 cents on the dollar is what you'll be offered.
I like the above poster's comment about AR15s if this were last year but now is definitely NOT the time to buy.

ganjoa

Originally posted by cavtrooper7
buy ar15s and resell them when you need the cash ,they sure won't go down in value.

Although I do like the idea, the OP is trying to keep the Gov off of his back. Buying and selling AR-15s will not accomplish that.

Originally posted by DarthMuerte
reply to post by dominicus

 

Do you have a link to where Bernanke said that? I haven't heard it. I don't doubt that they would, I would just link the link to spread it around. Thanks.

It's a lie, as usual by the selfish and haters of american society, wishing that fools would believe and then kill one another stupidly. THus , they DARE NOT show you the link, as it is non-existant and any that exists, are mere twisted opinions from warped minds.

To be fair, in reality, IF in times of emergency to the nation and funds are needed, would you donate, whatever you could to save the country? I am sure you would, if you care about society rather than yourself alone. Even a dollar is a donation, if you are not a wealthy man whom could not have achieved it without benefitting from the sacrifice and taxes of others.

And there are many ways to donate such funds, from the convenient to the inconvenient.

reply to post by OptimusSubprime

What good will cash do you when it is worthless? Cash = Debt. Currency is nothing more than IOUs and if you hold cash then you are the debtor. Instead, take that cash and buy as much silver as you can at your local coin shop and put it in a safe in your home. The best way to buy silver... the most "bang for your buck" is to buy pre 1965 dimes, quarters and halves.

You're talking SHTF issues. I'm responding more to the specific concern the OP raised. (i.e. the government freezing the banks, and then taking 10% off the top).....

What good is precious metal going to be in a SHTF scenario? Nada...zip. And, once things stabilize, it will never have the same purchasing power as what you paid for it. Metals are only a good investment assuming everything stays on track pretty much...or at least that society is still somewhat intact.

reply to post by dominicus


I am wondering if Canadians should be considering withdrawing our savings and converting to gold or silver or something. I have zero trust for the Canadian guberment at this point, but maybe I'm just being paranoid?