No Bounce Recovery Coming, Act Accordingly

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Gravel Pit

Home Forums MGTOW Central No Bounce Recovery Coming, Act Accordingly

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    Branched off
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    You need to find a bullion dealer. Most will deliver by mail order these days. Kitco in Canada should send out to you and they are very reliable but I am sure there are US dealers too.

    Whoa! You don’t want a paper trail that allows the government to track and seize your gold. This is likely when it comes to payback time for the bailouts (Remember FDR?).
    Pay cash for physical bullion that you take away with you. Gold and silver notes are just another fiat currency.

    Failing that jewellers and coin shops will suffice but they can be very variable on price and you need to be able to spot tungsten cored frauds. I would avoid Ebay for the Tungsten reason.

    You can buy gold testers. Depending on the coin, Fisch testers (no longer made but they can be found), are effective and cheap. Or you can simply note the dimensions of true coins and use a caliper gauge.

    I wouldn’t go against anything Monk says here but I would qualify it. Provided your cash has not been obtained without telling the tax man, there is no reason why you should not legally spend it how you please. It is true that governments have seized the people’s gold before during very hard times, however this is not only unlikely but it would also be impossible to prove that you still had the gold, just because you bought it a few years ago. You could just say you sold it for cash and indulged your dug and drink habits, perhaps with a few whores in a casino too.

    That said, the sort of man who likes gold likes clean cash transactions (I am one of these) and you can certainly travel to a dealer with cash in hand. If you have a local dealer this is best or wait till you go to a town with a good dealer. Check if there are local regulations about how much gold you can buy for cash. Here in the UK there are. Other options are once you have a relationship with a dealer and know their bank details work, you can just pay cash in to their bank account for gold posted to you. Here in the UK laws have made this difficult by not allowing cash to be paid into third party bank accounts for purchases. You could also wire money through say western union and leave no paper trail. All this requires a totally trustworthy dealer and big dealers are trustworthy and understand gold bugs are eccentric and try to accommodate them as much as possible within the law. The dealer I used when I had gold (before selling it to buy my ex out of her half of the house) promised to permanently delete your account on request.

    The tin foil had brigade are very strong in gold. Just occasionally they are right (just like the market analysts who are always saying a crash is near are eventually right by simple compound probability over time) but most of the time you can get your knickers in a twist over tin foil hat stuff. In the end gold is a legal purchase and even if you buy it totally openly, it is still a lot harder for the government to get their hands on than say your savings in a bank, your pension, your shares, your business or your house, none of which can be slipped in your pocket and traded or bartered (legally) for cash or anything else. Yes you can do this with cash but cash devalues horridly over the long term.

    All I am saying is one should not be put off or incur great expense in trying to “launder” legal money. But do check your purchases. A Hatton garden jew told me that his company only use the ping test and the drill test when it comes to tungsten. I asked about dimensions and he said it was too hard to measure accurately enough even on a large bar. If in doubt they drill before purchase and then sell the gold for scrap, even though they lose a bit in doing this.

    A woman is like fire -fun to play with, can warm you through and cook your food, needs constant feeding, can burn you and consume all you own

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