Mother Lode Found
- Apr 4, 2010
- Reaction score
Any Whale with that kinda money problem has her own security patrolling the grounds. Grounds with motion detectors along the perimeter of the property and close to buildings, and a back-up electric system. Not to mention a Safe Room or ROOMS.It sounds to me like she had/has bigger problems.
FIRST one is...money in A bank? Never mind FDIC insurance problems. Putting that kind of money into any one institution, is a recipe for disaster.
Thirty million? Or 50 million, as I heard...no matter. That should have been spread over a hundred banks, or more.
Shouldn't have even been IN a bank. Today, if you want to LOSE money (through inflation's rot) put your money in a bank, where it pays half a percent interest.
Now she has silver. Good. How much silver does $30 million buy? Obviously, truckloads.
That may be the thing to have, in this unfolding Fourth Turning...but it's going to cost, just to remain safe. A storage facility; guards and periodic audits.
I don't know what to make of the story. It could well be true, and it's not being put out by confabulators. But it doesn't sound like a person who's making wise moves. It sounds like a PARODY of what a rich person does.
Remember: Even Fort Knox can be penetrated given enough time, material, and personnel.