New Reports of Home Thefts Teach Lessons about Being Discreet. Individuals in every state have options for storing their precious metals securely. And with crime on the rise, it is becoming increasingly important to make sure your bullion holdings are secure. A newly released Podcast called the Wrap by Money Metals can be heard in its entirety by using the link below.
Money Metals Exchange Specialists have heard numerous horror stories from clients who have had their bullion stolen from inside their own house.
The culprits often turn out to be people who were known by the victims and invited into their home. Common perpetrators of in-home thefts include caregivers, housekeepers, and contractors. Sometimes even relatives or acquaintances take advantage of the trust they are given and steal from those close to them.
Unfortunately, most home safes are not as “safe” as people think they are. A safe that is plainly visible in an obvious location such as in a garage or in a master bedroom closet practically announces itself to thieves as the place to find your valuables.
Any burglar who has some tools, some skills, and some determination can break into a typical home safe.
For convenience and for immediate access during an emergency, you’ll want to store some of your precious metals at home. But maybe not all of them.
The old adage, “don’t put all your eggs in one basket” applies. A single point of access for your entire bullion stash means it is potentially vulnerable to a single security breach.
Having multiple storage locations in your home or around your property makes it less likely that an individual criminal will be able to loot all your valuables. Having at least one other storage location far removed from your home will ensure that you never suffer a total loss even if your property is invaded and ransacked from top to bottom.
The risks to keeping valuable tangible assets at home include not just burglary, but fire, flood, and other disasters that could render your home destroyed or inaccessible.
A commercial vault facility has far stronger and more sophisticated anti-theft systems in place than you ever could have inside your home.
Money Metals Depository is based in Idaho, and it’s become so popular that we are in the process of building a new 40,000 square foot facility which will make it the largest depository by far in the Western United States. MMD is routinely audited, and it operates with the blessing and support of the state government of Idaho.
More than 10,000 Americans have already established storage accounts at Money Metals Depository, making it the fastest growing precious metals depository in America by far.
When it comes to physical security, a professional vaulting service such as Money Metals Depository also cannot be matched. Our facilities offer armed guards, Class 3 vaults, multiple perimeters, state-of-the-art electronic security, dual controls, and fully segregated storage. Our facility is also located in an adjoining building with the county sheriff’s office.
And if that’s enough, your bullion holdings are also fully insured in the unlikely event of loss or damage by Lloyds of London.
Pictures used in this article are with permission of the Canva, Hans Braxmeier, Steinberger online media library.
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