Best Silver Gold Deals of 1-26-26 SAFE DEPOSIT BOX OR NOT?

  Рет қаралды 1,450

Louie's Silver

Louie's Silver

Күн бұрын

Пікірлер: 54
@grasscutter1963
@grasscutter1963 Күн бұрын
Nice video Louie, appreciate everything you do! ✌️
@losinglouie
@losinglouie Күн бұрын
My pleasure!
@leftseat6491
@leftseat6491 Күн бұрын
FYI, 47 years in life insurance (CLU) and financial planning (ChFC) business. Never put your life insurance policies in a safety deposit box. The life insurance policies have no intrinsic value if lost or stolen. The insurance company will replace them upon request. You want your heirs to have immediate access to the policies in the event of your death so they can file a death claim with the insurance company. Just put them where they are easily found and accessible by your family.
@butts-r-flyeffect2838
@butts-r-flyeffect2838 Күн бұрын
Same thing with your will and or trust documents.
@Silver-Stacker-15
@Silver-Stacker-15 Күн бұрын
also attorney says same for a will he has a signed copy in his files if lost
@AJGINKC
@AJGINKC Күн бұрын
Mornin' Louie! I love the vintage bar highlights - thanks for sharing.
@losinglouie
@losinglouie Күн бұрын
Glad you like them!
@MaverickMasterland
@MaverickMasterland 19 сағат бұрын
Good information as usual keep up the great work. Yea saw that one on Silverseeker lol. Sealing would be a great idea!
@waydeepinside
@waydeepinside 20 сағат бұрын
Thank You Louie 👏👏
@peermetals
@peermetals 23 сағат бұрын
Thanks again Louie for the great, informative videos!
@losinglouie
@losinglouie 21 сағат бұрын
My pleasure!
@ulexite-tv
@ulexite-tv Күн бұрын
Gold and silver are getting a separation .. who will take custody of little copper and platinum?
@silverhustlin1390
@silverhustlin1390 5 сағат бұрын
Preesh the diligence old friend
@BradLewis-l3z
@BradLewis-l3z Күн бұрын
Good morning Louie hope you are having a great day 🙏👍❤️
@losinglouie
@losinglouie Күн бұрын
You too
@BradLewis-l3z
@BradLewis-l3z Күн бұрын
@losinglouie Thanks 🙏👍
@danielcranston375
@danielcranston375 Күн бұрын
I enjoyed the info on safe deposit boxes!
@losinglouie
@losinglouie Күн бұрын
So glad!
@mattmatt6572
@mattmatt6572 Күн бұрын
I think you be better off using a po box as a sdb. Just mail your silver to your po box when u want to deposit.
@dandydonslife9869
@dandydonslife9869 Күн бұрын
Great report on pricing, thanks.
@losinglouie
@losinglouie Күн бұрын
You bet
@yuchenliao7818
@yuchenliao7818 Күн бұрын
Hi, Louie. I want to share my personal story with bank deposit box. The contents in my boss' deposit box got stolen. I had to file police report and went to the precinct with her. All the jewelry and valuables are gone. We suspected that it might be the employee but nothing is done by the police and bank refused to cooperate. Iirc it was a chase bank in long island.
@losinglouie
@losinglouie 23 сағат бұрын
Thanks for sharing!
@hankweiser9859
@hankweiser9859 Күн бұрын
Good morning. Thank you
@losinglouie
@losinglouie Күн бұрын
Good morning, Hank!
@markridenour4047
@markridenour4047 9 сағат бұрын
thx for the work
@MatthewCrustlife
@MatthewCrustlife Күн бұрын
My bank won’t allow you to put pms in they’re safe deposit boxes
@losinglouie
@losinglouie Күн бұрын
Why, and why would you tell them?
@MatthewCrustlife
@MatthewCrustlife Күн бұрын
@ I wouldn’t tell them, it’s listed no bullion no fire arms etc
@MatthewCrustlife
@MatthewCrustlife Күн бұрын
That’s why I refuse to use one that and don’t trust banks but what if something happens and I have my box full of items they don’t allow
@mattmatt6572
@mattmatt6572 Күн бұрын
Probably rules put into place by their insurer
@MrKiwi13605
@MrKiwi13605 6 сағат бұрын
SDB does not insure your contents unless you list the contents. Probablies don't protect you! Insurance doesn't protect you. Insurance rates on bullion, numi's, and jewellery are highway robbery If you want to store in a SDB you MUST use a secure, licenced, & insured vault service. Still not perfect, but as good as you will get. Don't go private SDB you can get screwed like Beverly Hills or all the fraud reports on private vaults.
@gratefulstacker
@gratefulstacker 22 сағат бұрын
I LOVE the idea of pirate coins, but seeing a monarch on the back defeats the purpose.
@dandydonslife9869
@dandydonslife9869 Күн бұрын
I have 47 face worth of quarters how do I figure spot? I tried formula mentioned in your video but doesn’t look right to me. I took 47 face div by .715 and come up with 65.73. What am I doing wrong?
@cuppacheese
@cuppacheese Күн бұрын
Spot is currently $30.50 so take 30.50x0.715=$21.81 is melt on $1 face. Then $21.81x$47.00=$1,025.07 is the melt value of your $47 in quarters assuming 0% wear. Most people will not take wear into account unless they are “slicks” but something you should understand.
@dandydonslife9869
@dandydonslife9869 22 сағат бұрын
@ Thank you, I now see, Don
@MrKiwi13605
@MrKiwi13605 6 сағат бұрын
Multiply, don't devide😊
@johnholder9062
@johnholder9062 Күн бұрын
“ those who don’t remember the past are condemned to repeat it “ ….ill take the govt word for it and opt to keep my own safe deposit box out of anything fdic insured entities
@59mgk
@59mgk Күн бұрын
Hey there Louie.
@losinglouie
@losinglouie Күн бұрын
Good morning, 59!
@gjf20842
@gjf20842 Күн бұрын
Bought a tube of 2024 star American Silver Eagles from JM Bullion and it was opened and one of the coins has an obvious milk spot! I was hoping the tube would be sealed.
@losinglouie
@losinglouie Күн бұрын
Thank you, gjf, that is important information. I will pass it along. My purchase, although $5 more per coin, was perfect.
@mattmatt6572
@mattmatt6572 Күн бұрын
Yeah sd go's through tubes also and picks out any nice ones they want to grade. In my opinion it is theft. If the tube is not sealed they are second hand coins.
@MrKiwi13605
@MrKiwi13605 6 сағат бұрын
Return them!
@mikegrotte3953
@mikegrotte3953 Күн бұрын
Safe Deposit Box: Secure, yes! But, restricted access (hours, holidays, etc). Pain in the ass!
@Unknown_1_1776
@Unknown_1_1776 Күн бұрын
Mornin Louie
@losinglouie
@losinglouie Күн бұрын
Good morning, Unkie. Let's have a good one!
@silversleuth007
@silversleuth007 Күн бұрын
I am not a fan of bank safe deposit boxes for anything but important documents and papers.
@losinglouie
@losinglouie Күн бұрын
It's a hard one, maybe put a little gold in the box, plus those papers. I'm right on the fence.
@rcclark8818
@rcclark8818 Күн бұрын
A SDB negative is, you are on bank time.
@losinglouie
@losinglouie Күн бұрын
For sure, in a real SHTF, you would be cut off from your metals.
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