Here are some easy ways to avoid the decoys employed by Gold IRA Companies

Sometimes, to outsmart thieves, you must think like them. Most thieves are in a hurry. They want to be able to quickly get in, grab the loot, and then run out of time. You can make it simple for them if you already know that they want to do this. Decoys are the way to go convert IRA into gold.

Here’s how precious Metals IRA Companies use decoys.

Let’s say that you have the majority your metals stored in a secure area of your home or property. It’s obvious that you know this is where most of the stash is. But, thieves don’t know.

If the thieves get in and don’t find anything they want, they can keep looking until something is found. Here’s how you go about it.

Shop at a discount outlet to locate the smallest and most cost-effective safes. The safes should be easy to carry and pick up. Keep these safes where you can easily find them, like in your master bedroom closet, or in your study.

So the thief can find the safe, you need to place some cash or gold or silver in it. It’s more convincing to put more cash and metals into the safe the more resources you have.

The idea behind giving is to give some, in order to keep more.

You may have to put less cash in your safe. Instead, you can add pennies, nickels or dimes. Put some pennies, nickels and dimes in the safe to give it more weight. I’ve heard of people purchasing fake gold and silver coins online to store in the safe. This is actually a good idea. The more realistic it can look, the better.

If thieves think they have found your stash, they should be content to take it and run. Most thieves would choose to follow the least resistance. They may feel lucky to have found your stash within a short time and be content to take the safe with them.

You could consider this a form insurance. In that you are willing and able to give up a certain amount to protect your larger sums. It’s smart, and I believe it is an important part of your overall storage plan.

Sometimes people ask me “What should I do when a bad guy holds me hostage and demands that my loot be revealed to him?” Is it enough to just tell them where my little decoy safety is? Or should I tell them all?

That’s a serious question.

Unfortunately, I am the only one who can answer that question. I can tell this. Let’s not let that happen, but it could happen.

If you’re not there to enjoy the gold and the silver, it doesn’t really matter.

Your life is more valuable than anything else. While you can replace things, your life is irreplaceable.

Nobody can really predict how they will react when they are in a particular situation. Sometimes, the real world can throw out all the planning.