What's safe in uncertain times? A safe
Posted October 11th, 2008 by xntryk1
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Friday, October 10, 2008 - Page updated at 10:45 AM
What's safe in uncertain times? A safe
By ASHLEY M. HEHER
AP Business Writer
Afraid cash isn't secure even behind the thick walls of banks, more people are turning to something that's protected money since the days of Jesse James and Bonnie and Clyde: safes.
The metal vaults are so popular in some parts of the country that shoppers are depleting store supplies as worries about the nation's economy spread.
"What people are putting in them, I have no idea," said Lowe's Cos. Inc. spokeswoman Karen Cobb. "But in a downturned economy, people are seeing increased interest in protecting something."
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anywhere is safe if noone else knows about it .
I might have a couple thousand bucks stashed in a jar right in my kitchen but who would know about it unless I told you...............DOH !!
~Mikael / Peace, love, Light and unity ~
I think I'm going to hide in
I think I'm going to hide in a safe
Bump...
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I heard on the news
that safe sales were up 75%.
There must be a lot of people taking their money out of the bank.
A run on safes
I forget where I saw or heard it but the story was that there was a run on safes, people buying them as fast as they could be put on the shelves.
I bought a large 1/4-inch-wall-thickness, 600-lb., fireproof gun safe (Fort Knox brand) in January for about $1,400 plus $300 to deliver it. It's the type you bolt into the floor and it has room for guns, ammo, important documents, cameras, laptops, backup computer storage drives, and other valuables. I made a few extra shelves for it.
I figure there is always the possibility of theft by a safe cracker so I have buried most of my hard assets plus a couple guns and ammo off site in sealed PVC pipe sections. It's the old warning, "Don't put all your eggs in one basket."