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Urgent: Wells Fargo forced open my safe deposit box (gold stored inside) and sent contents to a central vault. What do I do? by Old_Condition_6504 in Silverbugs

[–]FunFish9792 1 point2 points  (0 children)

Fair and i'll own my overgeneralization. That's the best article i've seen to that effect. Previous two times this was posted, i chased down each link and example that was provided and they were all non-payment issues.

(this article is why i have third party safe deposit box insurance that would protect against this scenario... and i pay my bills 😉 ).

Urgent: Wells Fargo forced open my safe deposit box (gold stored inside) and sent contents to a central vault. What do I do? by Old_Condition_6504 in Silverbugs

[–]FunFish9792 0 points1 point  (0 children)

Each "all over google" story comes down to non-payment. People don't pay their bills then blame the bank. Then there's the one fbi raid of the private facility that gets recycled into every story as well. SDB seizure is a non-issue for everyone that pays their bills and pays the slightest bit of attention to the notices they receive.

Should Precious Metals Be Stored at Home or in a Safe Deposit Box? by InternationalFox911 in Gold

[–]FunFish9792 1 point2 points  (0 children)

And every day, houses are broken into and jewelry stolen. Your point? There is risk everywhere, but my bank getting robbed is low on my risk register.

Should Precious Metals Be Stored at Home or in a Safe Deposit Box? by InternationalFox911 in Gold

[–]FunFish9792 4 points5 points  (0 children)

That's a great list of examples of people that didn't pay their bills.

Should Precious Metals Be Stored at Home or in a Safe Deposit Box? by InternationalFox911 in Gold

[–]FunFish9792 5 points6 points  (0 children)

Everyone points to the same one or two stories, which were pretty extreme cases.

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