Here are the various options when it comes to the storage of gold bullion (and other valuables):

1. Home / Office

Storing all of your gold bullion in your home or at your workplace, is not recommended, especially here in South Africa, where burglaries and other forms of crime are rampant. Security measures such as alarms, deadlocks and domestic safes provide very limited protection.

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In addition to the above, natural disasters such as floods and fires can cause extensive damage to one's home, leaving one's valuables exposed and damaged.

However, despite the above, it is recommended that you store at least some of your gold bullion in your home/office. The reason for this is because in the event of a systemic crisis, the government may confiscate your gold bullion and nationalise it. If something like that happens, the softest targets will be hit first, which include safety deposit boxes held at banks, depositories, etc.

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