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Offlinexzylocybin
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Re: Best way to hide large amounts of cash. [Re: Scott Bennett] * 1
    #24789134 - 11/17/17 12:28 PM (25 days, 3 hours ago)

Put it somewhere nobody would think to look


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OfflineNear Dylan
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Re: Best way to hide large amounts of cash. [Re: Asante]
    #24789144 - 11/17/17 12:32 PM (25 days, 3 hours ago)

Quote:

Asante said:.

If you are going for longer term compact wealth storage 1 oz gold bullion coins come to mind. A roll of em the size of a flashlight battery is ten thousand dollars nowadays. thats a smaller space by volume than a 100 pack of 100 dollar bills.



"When I think about safe money, the only thing I see thats safe is solid gold bars, just like looney tunes"


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OfflineAsanteA
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Re: Best way to hide large amounts of cash. [Re: Near Dylan]
    #24797222 - 11/21/17 08:13 AM (21 days, 7 hours ago)

Quote:

Near Dylan said:

"When I think about safe money, the only thing I see thats safe is solid gold bars, just like looney tunes"





Do you see me saying:

Quote:

Worth about $700 in US dollars. It was about $600 last month.





Had you gotten on board then, your $700 coins would be worth $1400 today, and noine would be the wiser.

Loony tunes, huh? You would have doubled every cent you had put in if you had listened to that while absolutely not doing ab damn thing but wait.


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Re: Best way to hide large amounts of cash. [Re: Asante] * 1
    #24797425 - 11/21/17 11:29 AM (21 days, 4 hours ago)

If you wouldve invested in bitcoins in juli 2010 your $700 would be worth $96,827,800 now and you wouldve gained ~$1383.25 for every cent you put in while not doing a damn thing


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Offlinexzylocybin
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Re: Best way to hide large amounts of cash. [Re: howsyournaggerdoin]
    #24797711 - 11/21/17 02:18 PM (21 days, 1 hour ago)

If you had used that money to move to california in 1848 and start a prospecting claim you would have made a fortune in gold


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OfflineAsanteA
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Re: Best way to hide large amounts of cash. [Re: howsyournaggerdoin] * 1
    #24800378 - 11/22/17 06:49 PM (19 days, 20 hours ago)

Quote:

howsyournaggerdoin said:
If you wouldve invested in bitcoins in juli 2010 your $700 would be worth $96,827,800 now and you wouldve gained ~$1383.25 for every cent you put in while not doing a damn thing





hindsight.. 20/20


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Re: Best way to hide large amounts of cash. [Re: Asante]
    #24806754 - 11/26/17 03:18 AM (16 days, 12 hours ago)

Quote:

Asante said:
Quote:

howsyournaggerdoin said:
If you wouldve invested in bitcoins in juli 2010 your $700 would be worth $96,827,800 now and you wouldve gained ~$1383.25 for every cent you put in while not doing a damn thing





hindsight.. 20/20




I regret not getting into it then, but everything I heard about bitcoin was related to the silkroad and the dark web.  It was confusing to invest in bitcoin wasn’t it?  You need a virtual wallet and idk it’s not a normal stock that can purchase at Tradescott is it?  Can bitcoinn be loaded onto prepaid credit cards??


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OfflineNear Dylan
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Re: Best way to hide large amounts of cash. [Re: Asante]
    #24806995 - 11/26/17 09:06 AM (16 days, 6 hours ago)

Quote:

Asante said:
Quote:

Near Dylan said:

"When I think about safe money, the only thing I see thats safe is solid gold bars, just like looney tunes"





Do you see me saying:

Quote:

Worth about $700 in US dollars. It was about $600 last month.





Had you gotten on board then, your $700 coins would be worth $1400 today, and noine would be the wiser.

Loony tunes, huh? You would have doubled every cent you had put in if you had listened to that while absolutely not doing ab damn thing but wait.






1:22


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OfflineAsanteA
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Re: Best way to hide large amounts of cash. [Re: Near Dylan]
    #24808892 - 11/27/17 05:15 AM (15 days, 10 hours ago)

Ah didn't catch the reference, my bad.


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OfflineLogicaL Chaos
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Re: Best way to hide large amounts of cash. [Re: xzylocybin]
    #24827279 - 12/05/17 09:13 AM (7 days, 6 hours ago)

Quote:

xzylocybin said:
Put it somewhere nobody would think to look




:justno:

JK. :grin:


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Offlinexzylocybin
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Re: Best way to hide large amounts of cash. [Re: LogicaL Chaos]
    #24831166 - 12/07/17 04:00 AM (5 days, 11 hours ago)

Try burning it, it will be much easier to conceal in the form of ash


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OfflineLogicaL Chaos
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Re: Best way to hide large amounts of cash. [Re: xzylocybin]
    #24833530 - 12/08/17 10:14 AM (4 days, 5 hours ago)

Quote:

xzylocybin said:
Try burning it, it will be much easier to conceal in the form of ash




And thats how u put the Ash, back in Cash.

:douchewink:


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OfflineAsanteA
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Re: Best way to hide large amounts of cash. [Re: LogicaL Chaos]
    #24835231 - 12/09/17 08:19 AM (3 days, 7 hours ago)

See this?





Its a 400 troy ounce LMBA Good Delivery bar of 999 grade (23 carat) Gold.

That's literally half a million dollars right there.

You could shove it under your couch and if your house burns down you can retrieve it from the ashes, no worse for wear.

You gotta admit, that's damn convenient.


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OfflineNear Dylan
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Re: Best way to hide large amounts of cash. [Re: Asante]
    #24835253 - 12/09/17 08:42 AM (3 days, 6 hours ago)

Asante no one wants to invest half a million dollars into a gold bar, shut up


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OfflineAsanteA
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Re: Best way to hide large amounts of cash. [Re: Near Dylan]
    #24835274 - 12/09/17 09:03 AM (3 days, 6 hours ago)

That was surprisingly rude.

The thread's topic is how to conveniently hide a large amount of wealth for whatever reason.

Hide it in stacks of dollars and the wealth contained within them dwindles by the day. Hide it in diamonds and you're at the mercy of DeBeers and while you have excellent portability (a 5 carat diamond worth half a million weighs 1 gram and measures less than 1/2 inch across) its not very liquid, while every man and his dog takes gold.

For the past 7,000 years it has ALWAYS been a good idea to hide wealth as gold. One ounce of gold bought a Senator's Toga in the roman empire and an Armani business suit in the current empire.

It's a great store of value.




I made this image in 2006 when we were hyping gold:




Its the same 400 oz bars, just a different model.

Back then those 12 bars were $2,700,000 or $225,000 apiece.

Today they are or $6,000,000 for the stack of 12 or $500,000 apiece.

If that was your money and instead of hiding stacks of benjamins you decided to take my advise and store these clunkers, at this point you'd be giving me a $3,300,000 blow job for the profit you made over holding cash, and if they had in the inbetween years released a dollar with improved security features you'd have no problem with exchanging hidden old paper for new paper.

Let's revisit this topic in 2026 to see what the same stack is worth back then: Protip: Its gonna be more than $12,000,000 ahnd maybe dollars as we know it have become obsolete because of gyperinflation, in which case your benjamins make toiletpaper and the gold stack will be merrily exchanged in a lot of whatever new coin they think of next. Why do I say "over 12 million" so confidently? Because they are printing dollars out the wazoo which will only render the dollar less valuable.






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OfflineNear Dylan
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Re: Best way to hide large amounts of cash. [Re: Asante]
    #24835284 - 12/09/17 09:20 AM (3 days, 6 hours ago)

Stop convincing me that solid gold is a good investment with all your reasonable and persuasive arguments, you fuck.
I wonder if this is common with wealthy people.

"Mortimer, how do you store your money? I research the safest banks and make sure I dont put all my eggs into one basket. How about you?"

"I bought millions of dollars worth of solid gold bars and put em under my bed"


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OfflineAsanteA
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Re: Best way to hide large amounts of cash. [Re: Near Dylan]
    #24835296 - 12/09/17 09:33 AM (3 days, 6 hours ago)

This isn't an investment thread, this is a hiding wealth thread.

If you wanted to invest a large amount of money there are way better options, but hiding it, so no one know, for years, and if OP is so lucky, living off it? Precious metals become interesting. Platinum is at a bargain price right now, its actually cheaper than gold!

I'm very far from rich by the way. I'm not among the 1.2 billion people in this world who takes vacations - at all.


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OfflineNear Dylan
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Re: Best way to hide large amounts of cash. [Re: Asante]
    #24835300 - 12/09/17 09:35 AM (3 days, 6 hours ago)

I would he spen the gold? Wouldn't he have to sell the bars anyway?


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Re: Best way to hide large amounts of cash. [Re: Near Dylan]
    #24835321 - 12/09/17 09:50 AM (3 days, 5 hours ago)

Yes but gold is very liquid, every man and his dog takes gold. You can sell Muslim gold to a Jew and Jewish gold to a Muslim, gold is a language that transcends friend or foe. Gold talks louder than money, worldwide. Those bars are a bit ridiculous of course, i can hardly imagine his e-juice mailorder business is that lucerative :smirk:, rather than a 400oz bar he'd do much better to get 400 1oz gold coins, lets say 20 rolls of 20 1oz Gold American Eagles.

Let's focus on a roll of 20 1oz gold bulion coins:



1 such roll represents roughly 20 x $1250 = $25,000 which is a compact convenient unit of wealth. See the size of that roll? That's a snazzy car right there, fits right in your hand too.

Tons of companies and private individuals buy such coins, often paying cash and many require no ID.

One could attempt to fill such a roll, and if business is even better, fill boxes of rolls :yesnod: and if one needs currency one simply exchanges however many 1oz gold krugs, maples or eagles one wants for the cash one needs at the time.


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Offlinexzylocybin
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Re: Best way to hide large amounts of cash. [Re: Near Dylan] * 1
    #24835553 - 12/09/17 12:05 PM (3 days, 3 hours ago)

Quote:

Near Dylan said:
Stop convincing me that solid gold is a good investment with all your reasonable and persuasive arguments, you fuck.
I wonder if this is common with wealthy people.

"Mortimer, how do you store your money? I research the safest banks and make sure I dont put all my eggs into one basket. How about you?"

"I bought millions of dollars worth of solid gold bars and put em under my bed"




They acyually do, it sounds crazy but they have credit cards made out of gold, when you use them some of your gold shares are sold, and you can withdraw the actual metal instead of cash. Some super rich investment guy on the joe rogan podcast was showing his off.


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