Hey jtest,
Thanks for the reply... :-)
Forget the warehouse...
Gold & Silver are “sound money”, they are NOT a commodity. When times of trouble & uncertainty occur gold & silver are safe haven assets that will hold their value via the energy they store. They are also a great inflationary hedge (say if they print too much fiat currency).
Sound money is defined as: "money not liable to sudden appreciation or depreciation in value, stable money; specifically: a currency based on or redeemable in gold/silver"
Gold & Silver, in 2017, are at record low valuations, keeping investors from even considering investment in them.
Take you cash from your banking institution (while you still can) out of the system and exchange them for physical Gold & Silver.
Jim Rickards, i believe has the best take on whats going to go happen.
"Imagine the money market funds are shut down. No one can get their money out of them. Then everyone runs to the banks to get their money. But the banks are closed. Then, everyone tries to sell their stocks, but the stock market’s shut down. And so on. In other words, the minute one part of the system shuts, all of the demand for liquidity moves to another part. But it dries up. And that part of the system has to be shut that down, too. Soon the entire system is shut down because it’s all so deeply interconnected. "
RE: What’s a bail-in?