Honey Pot

[MMFJ]

On a side turn, this just struck me as an :idea:

What about taking the PMs to liquid state, then pouring them on BOOKS to soak up the liquid and later re-hydrating them???? (of course, creating one of the worlds most valuable physical libraries!)

I know so little about different states of materials (though I am learning - and actually put a piece of material [snipped from a corner of a board] in some Hydrogen Peroxide/Muriatic yesterday - under guidance from a trusted member of the forum - my first attempt to refine, small as it was!), but it just hit me that this might work????

If this is a 'valid' idea, what estimations would you have on how much (toz) could be put into one book? What about smell, etc. (though that could possibly be passed off as 'preservation chemical'??? - to the uneducated perhaps?) - how long would it take to evaporate/kill the smell? What method would be needed to reconstitute back to physical PM?

 

[Anonymous]

:lol: :lol: :lol: i honestly do hope your kidding me but i aint sure...

http://en.wikipedia.org/wiki/Executive_Order_6102

All safe deposit boxes in banks or financial institutions have been sealed, pending action in the due course of the law. All sales or purchases or movements of such gold and silver within the borders of the United States and its territories and all foreign exchange transactions or movements of such metals across the border are hereby prohibited.

Your possession of these proscribed metals and/or your maintenance of a safe deposit box to store them is known by the government from bank and insurance records. Therefore, be advised that your vault box must remain sealed, and may only be opened in the presence of an agent of the Internal Revenue Service.

By lawful order given this day, the President of the United States.
Franklin Roosevelt – March 9, 1933

You are in Canada, I don't know how safe your bank boxes are?

Jim

You and I are in the USA.... Don't believe everything you read....... ESPECIALLY WIKIPEDIA... (I can talk about that another time). If you believe all that you own and have can AND will be confiscated by the USA Gov, then you've made a point to everyone.

Nothing you read concerning that should have you thinking it's going to happen to you or any of us members here at this forum. It can happen to you or any of us, but ONLY if you let it!

Kevin

 

[MMFJ]

I found this thread interesting and did some other searching and came across this (not exactly on-topic, but I felt it fit well enough here to not open another thread).

Talking about taking gold to another country (another method of 'Honey Pot'?

Snippet from https://www.kitcomm.com/archive/index.php?t-71229.html which states it comes from the MilesFranklin newsletter in a section called Think About It! by Andy Schectman, who is an officer in the company.

Please find below a bit more clarification on international travel with gold. The first thing that needs to be understood is that laws differ from country to country, and for the purpose of this discussion, it is assumed that either Canada or The United States will be your final travel destination. I am fairly certain that same rules apply for the EU countries, Switzerland, Australia and New Zealand, but I am not positive, so for these places please call ahead. Also, unless I had no other choice, I would not bring my gold to Mexico, I think your just asking for trouble.

When you travel thru the airport, keep your coins with you in your carry-on bag. At no time should you have intentions of hiding anything from a TSA agent, rather just the opposite. Armed with a clear understanding of the law and your willingness to allow a private screening if asked, you will not have problem traveling with your gold.

When traveling between the United States and Canada, recognized legal tender gold coins such as the US Buffalo and Eagle, the Canadian Maple Leaf, the Austrian Philharmonic, or the Australian Kangaroo are valued for their legal tender face value, not the intrinsic gold value they sell for. The One ounce American Eagle and Buffalo carry a $50 face value, so does the Canadian Maple Leaf and Australian Kangaroo. And the Austrian Philharmonic bears a 150 Euro denomination. This means that in any of these countries, if you were crazy enough, you could spend your coins for their respective face value amounts. It also means that for the purpose of travel between the US and Canada, the face value of the coin is the value that needs to be considered when determining if you are carrying more than the reportable threshold limit of $10,000. Don't forget about the exchange rate, if you were carrying enough gold it could matter.

Interestingly, in every instance, the US government considers these coins as legal tender money, except when you sell them. At that point a metamorphosis occurs and your legal tender money becomes a collectable right in front of your eyes. Hypocritically, any profits from the sale are taxed at the 28% collectable rate, not the more favorable capital gains rate that profits from the sale of the currency of realm qualify for.

For the most part the purity of the gold is irrelevant. Canadian citizens pay a VAT on the purchase of gold if it is not 24k. This has always been reason enough for Canadian citizens to purchase the 24K Maple Leafs and not the South African Krugerrands that most Canadians purchased prior to the establishment of the Royal Canadian Mint in 1976. Bye the way, Kruggerands have no legal tender face value, so when traveling with them they will be valued only by their intrinsic gold value.

 

[TheGuardian]

Funny guys.

 

[Irons2]

:lol: :lol: :lol: i honestly do hope your kidding me but i aint sure...

http://en.wikipedia.org/wiki/Executive_Order_6102

All safe deposit boxes in banks or financial institutions have been sealed, pending action in the due course of the law. All sales or purchases or movements of such gold and silver within the borders of the United States and its territories and all foreign exchange transactions or movements of such metals across the border are hereby prohibited.

Your possession of these proscribed metals and/or your maintenance of a safe deposit box to store them is known by the government from bank and insurance records. Therefore, be advised that your vault box must remain sealed, and may only be opened in the presence of an agent of the Internal Revenue Service.

By lawful order given this day, the President of the United States.
Franklin Roosevelt – March 9, 1933

You are in Canada, I don't know how safe your bank boxes are?

Jim

If you read the whole thing, you will find that this is an Urban Legend, and in fact a bogus document propagated on the Internet.

Be Afraid!

 

[jimdoc]

Well I don't trust Obama and his executive orders, for that to not really happen.

Jim

 

[TheGuardian]

Is it really not safe to keep your metals in a safety deposit box in a bank?

 

[Anonymous]

Is it really not safe to keep your metals in a safety deposit box in a bank?

True indeed.... and here's a few reasons why you would never, ever want to store your precious metals in any bank at all, let alone their so-called "Safe(ty) Deposit Box". The (ty) means "Thank You" and we hope to never see you again.

No# 1. Banks gamble with your money AND your possessions there. Do you really think they don't know what's in those boxes? They know what's in those boxes.. regardless of what the banksters tell you. They know.

No# 2. Like all the other banks that fell into what has been called a "recession/depression" they had to close shop and every bit of inventory now belongs to the government, or whoever bought them out or took over.... again, the government.

No# 3. If you aren't into stocks and the stock market, then the banks are definitely your enemy. Here's why..... If the market crash like they did just a few "short" years ago, and it IS going to happen again, all of the stocks, bonds, cd's and all the value that the bank held on to (gambled with) will be lost and the bank will close down it's doors without you even seeing it coming because you don't know anything about the stock market. All your stuff will be gone. Everything.

No# 4. If so happen, as it did before back in the day, if the government calls that there is a shortage of ANY metal there is, banks, holding vaults, and ANYWHERE else you know where people hoard their metals off site (outside of their home) it WILL be confiscated and WILL be the property of the government.

No# 5. If something should happen to you and you left instructions for others to get it, if their paperwork isn't in order, they will get NOTHING at all.

No# 6. If Martial Law (which is coming too) goes into effect, from that moment, ALL of your precious metals and goods are locked away and you'll probably will never get them back. Remember, if the crap hits the fan and you need to get out of dodge, find a bank or any financial institution where you can go to at 9:30 pm or anytime after 5:00 pm for that matter to get your stuff. There isn't one known to the masses.

Also, why would anyone want their precious metals in any institution where it isn't gaining any interest on it? And in order for that to happen, they would have to know what you have, and once they know that, that's where the schemes are going to begin against you.

Don't ever trust any financial institution with your precious metals. Never. The best thing I've read here about the gold, even other metals is to have just a small portion melted into bars, ingots, rounds or whatever, and then keep the rest in "powdered form", then bury it somewhere. It won't be found, especially with a metal detector.

I'd go out on the highway that was newly developed and hide my stuff there if I had to..... but the best place I feel is definitely a cemetery, at a grave of someone you don't know.

Kevin

[Edit] I made some typos that needed correction.

 

[Irons2]

Go visit Grandma at the Cemetery and plant some flowers..wink,wink. 8)

 

[Anonymous]

Go visit Grandma at the Cemetery and plant some flowers..wink,wink. 8)

I understand. Makes perfect sense to me. 8)

Kevin