Where I've Hidden My Gold
When it comes to stashing gold, there are only four real options... none of them are perfect, but there are definite advantages to all.
Dear Fellow Traveler:
If you’re like me, you’ve adopted a different financial approach in recent years.
You’ve lost a lot of faith in fiat currency.
Now, you’re allocating more money to capital-efficient assets… and turning to Bitcoin and precious metals like gold and silver.
Congratulations! You're now part of an exclusive club that includes doomsday preppers, hedge fund managers, and that conspiracy theorist uncle. The latter believes the government is listening to him through the microwave.
Owning gold is the easy part.
Storing PHYSICAL GOLD? That's where things get interesting.
Welcome to the wonderful world of precious metals anxiety.
Here, every decision feels like choosing between being robbed by criminals or being robbed by institutions.
Let's go ahead and explore your delightfully paranoid options.
The Home Safe: DIY Control Freak Method
Keeping your gold at home is like having your bank.
But only if the bank employed a wife who alphabetizes the spice rack and has strong opinions about the best— and only— way to load a dishwasher.
The appeal to home gold storage is clear. You’d have complete control, instant access, and the satisfaction of knowing exactly where your wealth sits while everyone else trusts some faceless corporation.
The smart home storage crowd doesn't just stuff their gold in a sock drawer like some typical burglar. Oh no, they invest in TL-rated fireproof safes that cost more than most people's cars and weigh approximately as much as a small planet.
They bolt these fortresses to their foundations with the dedication of someone installing a nuclear reactor in their basement.
They choose locations so unexpected that even they sometimes forget where they put things, leading to the occasional weekend spent tapping walls like a deranged woodpecker.
But here's where reality crashes the party.
Your home is still just a house, not Fort Knox.
Professional thieves didn't get the memo about your clever hiding spots.
Plus, fire doesn't care how much you spent on that safe. Plus, be aware that the more security measures you install, the more obvious it becomes that you have something worth stealing. Nothing says "I definitely don't have any gold here" quite like motion sensors, security cameras, and a safe that required a crane to install.
Then there's the social aspect.
Try explaining to your dinner party guests why they can't use the bathroom on the second floor, or why certain rooms are mysteriously off-limits.
Private Vaults: The Trust Issues Emergy
Private depositories represent the sweet spot between paranoia and practicality.
Of course, this assumes you can get over the minor detail of trusting other humans with your life savings.
These aren't your grandfather's bank safety deposit boxes that could be opened with a butter knife and a confident attitude. Modern private vaults make the Pentagon look like a lemonade stand in terms of security.
Companies like Brinks and Texas Bullion Depository have turned the storage of precious metals into a lucrative business.
They offer allocated storage, which means your specific bars and coins are tagged and segregated. You can visit your gold, gently massage it, and tell it that you love it during scheduled appointments.
The beauty of professional storage lies in the peace of mind that comes with insurance, redundant security systems, and staff who know the difference between genuine gold and convincing counterfeit.
These people have made careers out of protecting valuable items.
However, this convenience comes with the ongoing financial burden of storage fees. Paying one percent annually to store your inflation hedge feels like paying someone to hold your umbrella while you get rained on.
There is also the uncomfortable reality that in a genuine crisis, your vault may become inaccessible.
International Storage: Do You Trust the Swiss?
Yes, storing gold overseas is an option. I had a friend who was working with a Swiss bank right before the 2008 financial crisis - and he was hiding bars with his dad somewhere in the Alps. He now lives in California and spends a significant amount of money on Raw Land in Oregon (this will be discussed in our next option).
Storing gold overseas may require learning multiple languages and keeping several passports up to date.
It's what you do when you've graduated from "mildly concerned about inflation" to "actively planning for the decline of Western civilization."
Countries like Switzerland and Singapore have built entire industries around helping wealthy individuals feel more secure about their government trust issues.
The logic is sound. There is precedent in the United States for gold confiscation.
It happened in 1933. So, stashing some gold in a politically neutral vault in Zurich can convince you that you’ve done the smartest thing ever…
These jurisdictions treat financial privacy like a sacred religious doctrine.
Their vaults are engineered to survive everything short of alien invasion.
International storage providers have elevated the experience to the level of luxury hotels.
Some facilities in Singapore resemble five-star spas more than glorified warehouses.
You half expect them to offer complementary champagne and hot towels while you buff your gold bars. The documentation is impeccable, the insurance is comprehensive, and the whole operation runs with Swiss-watch precision.
However, there’s a downside, such as the size and slope of the Earth.
Your emergency fund may be a minimum of twelve hours away. And that assumes there are flights available in the event of a crisis that requires gold in the first place.
There's also the entertaining challenge of explaining to customs officials why you're traveling with detailed records of your precious metals holdings…
The Buried Cache
You have one more option.
You can go the route of Blackbeard and start burying gold.
Yes… This is the evolution of the precious metals enthusiast.
By this point, you’ve transcended the concept of financial planning. You’ve now entered the realm of treasure hunting methodology.
Burying gold is the option considered by people who regard the film Mad Max as a documentary.
You may have even Googled to find out the best soil compositions for long-term metal preservation.
Burying gold comes with the benefit of annual treasure hunts. But this process requires skills typically associated with either archaeology or criminal enterprises.
You need to understand waterproofing, corrosion resistance, soil chemistry, and landmark navigation. You can’t just write on a napkin, turn left at this tree - because for all you know, that tree might get cut down or fall in a few weeks.
You could certainly do all this in your yard. By that point, your homestead will become a three-dimensional chessboard where every tree and rock formation becomes a potential coordinate on your personal treasure map.
We have to be honest, though. It doesn’t cost money to bury gold. It’s completely anonymous. No one can freeze your account, audit your vault, or charge you monthly fees. It's the ultimate expression of self-reliance, assuming you trust yourself…
And you have to trust yourself more than any other human institution on earth.
Which is why pirates got nervous. Memory is a fickle thing, and the landmark system that seemed foolproof when you were burying your fortune might seem less noticeable after a few years, a landscape renovation, or a particularly memorable weekend.
There is also the sobering reality that if something were to happen to you, your carefully hidden wealth would become a very expensive archaeological mystery.
This would also require periodic wellness checks. You'll find yourself sneaking around your property at odd hours, armed with metal detectors and looking suspiciously like someone who has buried treasure, which is the look you were trying to avoid.
There is No Perfect Solution
Ultimately, there is no perfect solution for storing gold.
You must evaluate the risks and accept compromises. Every method represents a trade-off between security, accessibility, cost, and convenience. The people who sleep best at night are usually those who have accepted this reality and diversified their anxiety across multiple coping mechanisms.
Smart gold owners don't put all their shiny eggs in one basket. They keep some at home for immediate access and the psychological comfort of knowing it's there.
They store the bulk in professional facilities for security and insurance. They might stash some overseas for geopolitical insurance. And yes, some of them have a buried cache or two, because when you're already this deep into precious metals ownership, a little treasure hunting seems perfectly reasonable.
Again, I think there is also good reason to allocate some money to the Sprott Gold Trust (PHYS), a closed-end fund that’s directly linked to physical gold supplies.
Gold storage is like insurance: you hope you never need to test how well your strategy works under pressure, but you sleep better knowing you've thought it through.
Just remember that the most secure storage system in the world is useless if you can't access it when you need it, and the most accessible system is pointless if it's not there when you reach for it.
Finding that balance is the true art of owning precious metals.
Good luck.
Stay positive,
Garrett Baldwin
Secretary of Treasure
NOTE: In the email version of this letter I called Bitcoin a capital efficient asset - and gold as well. There was an edit that removed a few words. BTC is simply a hedge against monetary inflation, while gold and silver act as stores of value. Thank you.
I keep untold millions of Au hidden in the rivers of my mining claims, as well as other more readily accessible amounts in other places....
Come on out and get you some too !