Title says "$7.5m", video says "almost $6m". Does anyone in news actually bother anymore?
$7.5 = almost 6m euros.
Topic: Gold Worth $7.5M Seized from Small Car at Border Crossing (Read 3042 times)
$7.5 = almost 6m euros.
Bloody oath. That's a fair bit of $$$ LOL
If it's not in a private key, you don't own it.
Gold = ponzi.
Gold = ponzi.
Hmm, can you own a private key. Though it's certainly much harder to find out...
Now, if that copy is stored on some piece of hardware, in order to gain that key, the attacker would have to commit an act of Trespass. Brainwallets can only be accessed by another party if you a) give them the private key (bad idea) or b) they come up with it on their own (in which case, you probably picked a bad passphrase). Either way, no crime was committed when they used that knowledge rightfully gained to snag all your coins. It would be like accusing a man who picked up a suitcase that was left on the street of theft.
If it's not in a private key, you don't own it.
Gold = ponzi.
Gold = ponzi.
Hmm, can you own a private key. Though it's certainly much harder to find out...
If it's not in a private key, you don't own it.
Gold = ponzi.
Gold = ponzi.
Must do wonders to fuel economy. Though with all that gold I don't suppouse it matters 
What if there was a gold coin.
If you want to ship your gold, you sell it to a local dealer,then you buy "it" back in another nation like Switzerland to have it stored there.
If you want to ship your gold, you sell it to a local dealer,then you buy "it" back in another nation like Switzerland to have it stored there.
How many local dealers take a ton of gold?
Plus, you would still need to transport the euro notes (which admittedly should be easier than the gold).
What if there was a gold coin.
If you want to ship your gold, you sell it to a local dealer,then you buy "it" back in another nation like Switzerland to have it stored there.
If you want to ship your gold, you sell it to a local dealer,then you buy "it" back in another nation like Switzerland to have it stored there.
How many local dealers take a ton of gold?
Plus, you would still need to transport the euro notes (which admittedly should be easier than the gold).
What if there was a gold coin.
If you want to ship your gold, you sell it to a local dealer,then you buy "it" back in another nation like Switzerland to have it stored there.
If you want to ship your gold, you sell it to a local dealer,then you buy "it" back in another nation like Switzerland to have it stored there.
Yes, the Templars did this, back in the crusades.
I was wondering - was the car travelling to Switzerland (that would be worrying)
or
from Switzerland (that would be even more worrying)
which way it is?
or
from Switzerland (that would be even more worrying)
which way it is?
Title says "$7.5m", video says "almost $6m". Does anyone in news actually bother anymore?
Also, as an American living abroad, the more news I watch, the less I bother with the notion of returning "home".
Also, as an American living abroad, the more news I watch, the less I bother with the notion of returning "home".
1 tonne of gold has a current market value of about US$ 50 million. Bloomberg are clueless.
Sure, 1 ton of .999 gold.
you cant be sure what this was.
Note how on the USA/Canada border, you are guilty until proven innocent:
http://news.nationalpost.com/2013/04/02/man-has-undeclared-10000-seized-at-border-after-exchange-rate-pushes-him-over-limit-to-take-from-country/
http://news.nationalpost.com/2013/04/02/man-has-undeclared-10000-seized-at-border-after-exchange-rate-pushes-him-over-limit-to-take-from-country/
Title says "$7.5m", video says "almost $6m". Does anyone in news actually bother anymore?
Also, as an American living abroad, the more news I watch, the less I bother with the notion of returning "home".
Also, as an American living abroad, the more news I watch, the less I bother with the notion of returning "home".
1 tonne of gold has a current market value of about US$ 50 million. Bloomberg are clueless.
They took their gold!
http://suptg.thisisnotatrueending.com/archive/16074132/images/1314399398402.jpg
Dah tuk 'er derh!!!
http://suptg.thisisnotatrueending.com/archive/16074132/images/1314399398402.jpg
Dah tuk 'er derh!!!
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Title says "$7.5m", video says "almost $6m". Does anyone in news actually bother anymore?
Also, as an American living abroad, the more news I watch, the less I bother with the notion of returning "home".
Also, as an American living abroad, the more news I watch, the less I bother with the notion of returning "home".
Yes, funny thing in a zero hedge article:the author was bragging about the fact that it was gold that was confiscated, and not fiat or bitcoins, as if being confiscated makes it more valuable.
Of course we know that bitcoins would never be confiscated at a border because you would have to be a total idiot to fuck up an international value transfer with bitcoin...
Of course we know that bitcoins would never be confiscated at a border because you would have to be a total idiot to fuck up an international value transfer with bitcoin...
Shoulda put it in a brainwallet.
Thanks for the links
Couple of interesting videos on Bloomberg during the last couple of days:
On the Italy/Switzerland border:
http://www.bloomberg.com/video/on-the-scene-one-ton-of-gold-seized-in-small-car-GcljxRqRSHOURYhlYMcHOw.html
And as a bonus, for USA peeps:
http://www.bloomberg.com/video/the-day-the-government-took-our-gold-d_oPD_2KTayTnSpqco6kDw.html
Memo to Pento, Casey, Schiff, et al: tangibility can be a cruel mistress. Transportability and resistance to confiscation have to be on the scorecard when comparing moneyness. As an addendum to the truism "if you don't hold it, you don't own it", I'd add "if you can't take it with you, or plausibly deny having it, you don't own it either".
On the Italy/Switzerland border:
http://www.bloomberg.com/video/on-the-scene-one-ton-of-gold-seized-in-small-car-GcljxRqRSHOURYhlYMcHOw.html
And as a bonus, for USA peeps:
http://www.bloomberg.com/video/the-day-the-government-took-our-gold-d_oPD_2KTayTnSpqco6kDw.html
Memo to Pento, Casey, Schiff, et al: tangibility can be a cruel mistress. Transportability and resistance to confiscation have to be on the scorecard when comparing moneyness. As an addendum to the truism "if you don't hold it, you don't own it", I'd add "if you can't take it with you, or plausibly deny having it, you don't own it either".
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