Letter Re: Safe Deposit Boxes
My mother was visiting me when she saw the post man deliver a certified mail gold coin delivery. She immediately said, “You should get a safe deposit box.” I tried to explain several things to her: 1) The Patriot Act from almost 14 or 15 years ago gives the federal government the legal right to open any safe deposit box and seize the contents, 2) FDR explained the rationale behind his 1933 bank holiday in the first fireside chat where the government seized precious metals, so “yes” it has happened here before, and 3) (here’s where my argument gets iffy.) …