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Need ideas to hide valuables in a financial collapse

(Wilderness/Urban Survival), (BOB/BOL/INCH/ETC), (Shelters)
Goldie
Posts: 672
Joined: Thu Nov 07, 2013 8:41 pm
Location: Ontario, Canada
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Canada

Re: Need ideas to hide valuables in a financial collapse

Postby Goldie » Wed Sep 24, 2014 2:58 pm

http://www.cbc.ca/news/business/bank-ba ... -1.1320808

"Asked if this would include non-insured deposits — those over $100,000 — Carney referred to a previous statement from Finance Minister Jim Flaherty's office that depositors were excluded."

"The 'bail-in' scenario described in the budget has nothing to do with consumer deposits and they are not part of the 'bail-in' regime. Under a 'bail-in' arrangement, a failing financial institution has to tap into its own special reserves or assets (which it has been forced to put aside) to keep its operations going."
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Perfesser
Posts: 985
Joined: Mon Jan 02, 2012 7:08 pm
Location: Burlington Ontario
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Canada

Re: Need ideas to hide valuables in a financial collapse

Postby Perfesser » Wed Sep 24, 2014 5:55 pm

They insure the actual dollar amount but what does that mean? Since 2004 what you can buy with those dollars has lost 20% of it's value.
Dollars don't mean that much and they can change the value whenever they like. Real things matter, food, clothes, shoes, land.
In 2004 gold was about $400 per oz, today at a 3 year low of $1200(from a high of $1900).
Want to "hide" your wealth? It's also anonymous when you have the physical form, no sales tax when you buy, no declaration, not counted as an asset.
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HaliBoy
Posts: 62
Joined: Fri Mar 25, 2011 6:31 pm
Location: Nova Scotia
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Re: Need ideas to hide valuables in a financial collapse

Postby HaliBoy » Sun Apr 19, 2015 5:13 am

Part of "hiding" it is to minimize your paper trail; don't take $10,000 out at one time, take a bit extra at a time when you pay your bills. Alternatively you can pay your bills directly so it creates an ordinary paper trail and then the cash taken out of the account is just you "spending more".
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Why did I join Canadian Preppers Network?
Well I was going to join the UK Network but those bloody Brits don't know how to speak proper English! ;-)


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