Thursday, May 03, 2012

More Americans are Stashing Cash in Home Safes

Have Americans lost trust in banks? No, they are just being smart.  According to an article in Smart Money, more people, today, are keeping valuables at home, whether in room-size vaults or under-bed safes.  Why?  Because Americans are finally realizing that when we have a so-called "bank holiday" (And, we will! I believe that the majority of banks will close by the end of 2017.) all those safe deposit boxes will be of no avail to you.  The reason being is that if your bank is closed, you can not access your safe deposit box! 

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