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mick silver
22nd November 2010, 06:09 PM
a guy i know real good call today an was telling me he went to the bank an has money had been put into banks envelope that was in his safe lock boxes . each envelope has the same in it till he got to the last one , an no money was missing .. have you guy heard of this . is there a law that the banks are government can do this . note this guy in his 70 . and he keeps most of his money in the safe lock boxes

chad
22nd November 2010, 06:12 PM
No money was missing? Whats the problem, then?

mick silver
22nd November 2010, 06:14 PM
why would anyone be in his box ... he used rubber bands to keeps his money together

bellevuebully
22nd November 2010, 06:16 PM
I've never heard of anyone personally having an issue like this with the sdb's. Maybe he had an empty envelope stuck to the pile. Did he have a record of how much cash he had stashed away? Were they glued shut, or was the tab tucked? Was the envelope crisp? Hope he figures out what happened.

mick silver
22nd November 2010, 06:19 PM
he had no envelope in his box before . in the new health care bill i thought i read some were they have the right to open boxes now

Dogman
22nd November 2010, 06:26 PM
Banks vary In rules I for one do not trust, not uncommon for me to carry 10-15k rolled up and tied with a big rubber band in my pocket, Do not flash, and wo on they that try to give me shit, they would be dead men walking.

midnight rambler
22nd November 2010, 06:27 PM
So called safety deposit boxes are for morons who don't know how to use a shovel.

Cebu_4_2
22nd November 2010, 06:41 PM
At this time in the game I think that a PO box would be safer for stash. Wonder what their insured up to?

madfranks
22nd November 2010, 09:19 PM
So called safety deposit boxes are for morons who don't know how to use a shovel.


Unfortunately I learned that lesson the hard way. I used to have a so called "safety" deposit box, but when I went to access it and the key didn't work because they had someone come in and change the locks without telling me, well let's just say I learned that day how safe they really are. Thankfully I was able to wait the three days until they got the locksmith back in to open my box; if I needed it immediately I would have been SOL.

Silver Rocket Bitches!
23rd November 2010, 08:34 AM
[Anyone who trusts these things is a fool who ignores the lessons of history, IMO.]

By Executive Order Of The President of The United States, March 9, 1933

"By virtue of the authority vested in me by Section 5 (b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933 ?, in which Congress declared that a serious emergency exists, I as President, do declare that the national emergency still exists; that the continued private hoarding of gold and silver by subjects of the United States poses a grave threat to the peace, equal justice, and well-being of the United States; and that appropriate measures must be taken immediately to protect the interests of our people."

Therefore, pursuant to the above authority, I hereby proclaim that such gold and silver holdings are prohibited, and that all such coin, bullion or other possessions of gold and silver be tendered within fourteen days to agents of the Government of the United States for compensation at the official price, in the legal tender of the Government.

All safe deposit boxes in banks or financial institutions have been sealed, pending action in the due course of the law. All sales or purchases or movements of such gold and silver within the borders of the United States and its territories and all foreign exchange transactions or movements of such metals across the border are hereby prohibited.

Your possession of these proscribed metals and/or your maintenance of a safe deposit box to store them is known by the government from bank and insurance records. Therefore, be advised that your vault box must remain sealed, and may only be opened in the presence of an agent of the Internal Revenue Service.

By lawful order given this day, the President of the United States.”
Franklin Roosevelt – March 9, 1933

Dogman
23rd November 2010, 08:42 AM
2 end caps + pvc pipe + post hole digger = problem solved!

Only keep just enough money in mine to pay bills by check. And
now starting to think the hell with the bank and checks and just go
money orders. Do not trust a bank farther than I can lift it with one
finger.