I haven’t run into these exact issues, but I’ve had issues — bank SDBs have dwindled and in some places are a PITA, all before they started closing branches. I would be comfortable putting something in one for a year or two, but not as a long term strategy.
Some of the companies that sell metals will vault them. There are also third party vaults.
A long time ago I was searching for a rare gun part for a friend as a gift and of course wound up on some survivalist tinfoil hat forum because who else would have hard to find gun parts right? While I was negotiating the sale, and I got to tell you I’d rather negotiate a Kia lease in person at the dealership, I was reading some of the posts on precious metal and diamond storage. And let me tell you, if these people did any of what they were saying, there are absolutely lakes with drowned gold and caches buried in the woods with pirate like maps to find them.
While I think tech needs to correct, in 10 years it’ll be the only game in town if things chug along the way they are now. They will swallow up every company and become our banks as well. The future is 100% dystopian should we allow big tech to have its way.
Tax on the rich they say. These people know the economics and just play dumb for the plebes. We’re all in for a huge tax increase coupled with inflation not of the transitory variety…
Taxing our billionaires 100% will pay for 8 months of the current budget. Let that sink in…
Just wait until these millionaire and billionaire business owners John Galt and just move to Miami to hang on their yachts.