TD Canada Trust safety deposit boxes are not as safe as you think: Families say valued possessions still missing years after bank emptied their safety deposit boxes – November 30, 2020,
Because a bit of a Gold-bug, whenever I think of a bank, I think of a term Peter Schiff uses which is “Secretary of the debt”. A bank is nothing more than a storehouse for government fiat money(debt notes) that we the people give value to, so whenever I think of a bank, what comes to my mind is that the most valuable things at a physical bank are probably in the safety deposit boxes.
If you live in Canada and have one of TD Canada Trusts’ top-tier chequing account plans, you’d probably notice that it comes with a safety deposit box. As a TD customer myself, I’ve never thought of using that safety deposit box feature, because I don’t trust the banks. I don’t even trust Canadian banks to pay me a dividend, any overly regulated entity in Canada is likely trying to find sneaky ways to confiscate the wealth of its clients.
The pending lawsuit in the story below is something my American family members would say to me ‘See I told you so’ because my American family members DO NOT trust the banks, some don’t even have a bank account and a reminder that my family is filled with health care professionals and engineers.
Banks are basically small businesses with the government stamp of approval attached to it. Canadians COLLECTIVELY love big government. Therefore when most Canadians imagine a big corporation, they assume safety and security, but as the story below points out, trusting a corporation with your valuables might not be as safe as you think it is.
Now, there are probably thousands of stories like the one below, but most people probably won’t come forward, because it’s kind of embarrassing having a news outlet pry into your life, but I’m certain stories like this happen all the time.
A lot of Canadians are indebted to the banks so for many Canadians they’d rather not rock the boat whenever they feel like they’ve been wronged by banks. But a quick reminder that banks are storehouses of fiat dollars/Government money which can be reprinted if stolen. The most valuable thing at a physical bank is what’s in the safety deposit boxes and as you’ll read TD Bank isn’t going to simply reimburse their client even if they know they were at fault.
This woman had to bring her story to CBC news for it to get anywhere, now in my head, I can imagine what happened, although I’m only speculating here, but I think whenever an individual safety deposit box is removed via being drilled, the bank probably has to remove an entire row or column of safety deposit boxes along with it.
So what I think happens because I’ve seen a bank being renovated by twenty-somthing-year-old kids before is that it could be at the discretion of the individuals involved in removing the safety deposit boxes where particular items in each safety deposit box end up. Human error sometimes will have one persons items ending up somewhere where it’s not supposed to be.
I think that’s what happened, It may not have even been malicious, but because most of us Gold-bugs know a thing or two about vaults and safety deposit boxes, we can imagine the multiple avenues in which human error can take place, which is why in America as an example, people have the legal right to protect themselves and their property, whereas in Canada, we’re told to wait for the government to arrive whenever someone tries to steal from us or kill us.
When you put too much trust in the government, you’ll imagine safety and security where there is none. I hope this woman is made whole, but this again goes to show you why we should all be invested in unbiased education in this country. Once you leave your personal property to an external source depending on the contract you sign, you personal property could become the property of the entity responsible for guarding it.
As an example, I don’t leave anything I perceived to be money in the hands of the bank, they call them bank branches for a reason, banks are basically secretaries of the debt, a bank’s entire existence revolves around getting its customers into debt, a bank has nothing, a convenience store has more valuables than a bank has I can eat, sometimes pump gas, buy toiletries at a convenience store think about a bank as an entity with nothing but government paper in it.
Some banks I’ve seen don’t even have visible security guards, in fact until the Covid-19 outbreak I didn’t see much if any security guards guarding a bank, I’ve even seen security guards in Loblaws, why? Because bank branches usually have nothing valuable in them, government-approved pieces of paper, that’s basically the only thing valuable at a bank.
Interesting times ahead!