Oh that's good....just like the pizza place I called the other day said I have to order from an app and can't place my order during the phone call.🤦♂️
@@YBehri Germans, despite the fact that they want to put restricting financial rules to all other Europeans nations, are also the the ones than more than anyone else have hidden money in fiscal heavens and trust funds.
Monero is what people use to buy drugs online without being found out, digital, but private, not just me saying that, the entire darknet, open source community, and internal FBI memos all say the same thing. Private non-government affiliated digital currency already exists.
I have come to accept that anything I don’t want tracked requires cash and leaving the phone at home. With that said, you can be certain they have a pretty good profile of everyone especially if the financial information is married up with any social media information.
There are a growing number data broker companies dedicated to gathering , collating and enriching profiles on every adult . You can disrupt this effort using cash and dumping social media, if you use it.
Buy a faraday bag for your phone. My phone never has a clue where I’m at. I’ll Pull it out and I’ll be in Texas but it still thinks I’m in Georgia. My phone is for my convenience.
Ohio state legislature is attempting to pass legislation to mandate businesses to accept cash. Keep your states Red folks, and keep your representatives fiscally conservative. 🤜🤛
If anything red has track record of helping businesses setting aside rights of individuals for business. So does blue. You ain't getting between politicians and money either side.
It's amazing or maybe magic how I looked at a cheap game console on wish and immediately my Facebook feed started pushing the same product, I'm constantly seeing how I'm being pushed in one direction, no doubt the powers that be exercise control over me in one form or another. Thanks brother. Keep us updated. Knowledge is power.
Facebook’s algorithm is amazing. Since it knows who your spouse/partner is and your friends, it will see what they’re looking at and advertise those items as gift ideas for you to buy them. People always worry that Facebook is using their phone’s microphone. I’m more worried that the AI of their algorithm is so advanced that they DON’T need to use my microphone. 😳
I fuck with the algorithms intentionally. I look up stuff like "charred bits of wood", "vintage scrap iron", "piles of sea shells for sale" and whatever other random crap my brain can fix upon---as long as it's something I have no genuine interest in, LOL
I look at something at home on my home PC connected through a VPN through a foreign country and minutes later on my work computer, connected from home through the same router but no VPN and I get ads for the product I viewed on my home PC.
Given that ALL fiat currencies end up imploding, we need to be cautious in allowing to use another one. There have been over 6,000 fiat currencies throughout history. All of them, without exception, have gone the way of the Dodo bird and broke a lot of people's hearts and dreams along with them. I am of the opinion that we need something more along the lines of Constitutional currency, or at least something tied to a gold/silver backed currency. Everything else is just another Ponzi.
Thanks for the video once again. In Britain it is very difficult to buy gold with cash. The government tell us it's to prevent money laundering by drugs dealers which is a good idea but it misses all the innocent people who want to use cash because they wish to remain anonymous. I trust governments less and less. I think if any thing needs to be marked with the 'sign of the beast', it has to be governments.
Does anyone remember trying to pay with cash at Sears ? They wouldn't stop asking for your name ,address ,phone number, email and why don't you want a sears card. They where quite obnoxious about it and now there actually no longer in business.
I used to use a German bank before brexit and they automatically categorize my purchases in a monthly summary and that was several years ago. When I buy anything prepper related such as gold I always send payments to private individuals. Thanks for another great video.
This has already happened to me, my bank refused to process transactions to the largest bullion dealer in Europe. They refused to tell me why but said it likely was because the retailer was suspicious and it was to protect me despite it being established and reputable. They just didn’t want my money leaving and being stored in a physical asset imo.
Looking back, acquiring most of the PM’s years ago was probably a better move than what folks can expect in the digital future, at least from the big-brother viewpoint. Physical assets outside of the banking system can’t be bad. If you’re into privacy, PMs are definitely a good idea imo.
If you receive government benefits like Medicaid or Food stamps, all your spending that isn’t cash is tracked. If the number’s don’t add up, your benefits are reduced or eliminated. To me, that’s a good reason to own gold or jewelry, if you can store it safely, to be able to sell to improve your lifestyle, or even to be able to afford gifts for children and grandchildren. A health crisis or job loss can impoverish almost anyone.
I worked at Wal-Mart as a cashier for a summer when I was in college decades ago, and I used to keep a lazy eye on weird combinations of items customers would buy. The all-time winner for me was a man in his 80s who bought just three items: popsicles, a garden hose, and “stay-stiff” gel (yes, it’s exactly what you think it is and it surprised me that Wal-Mart sold it, too). No judgment at all - let your freak flag fly, I say - but I try not to think too much about what he was up to. Sorry for the 2nd comment, but that memory suddenly popped in my head and I had to share “old-school” purchase tracking technology… eyes.
@@OhJodi69 The funny thing is I bet there’s often no connection between the items customers buy, but when you’re standing for 8 hours bored out of your skull, sometimes the imagination runs away without you. 🤣
I’m in the biz. Mcc codes for gun and ammunition stores have existed longer than the 20+ years I’ve been in the biz. If they want the data, it’s already there. It’s been there for years. Pay cash if you don’t want it tracked.
Great video! I do agree that there is very little that isn't being recorded these days. Everything we do online or via smartphone is, or can be, tracked/recorded already. Whether it is used against us is still to be determined, but the info is definitely out there to profile us. Cash is so important for privacy especially in today's hyper connected world. But as cash gets devalued over time, gold (specifically), and silver to some extent, will help give us the option to preserve some privacy.
I love all of your videos, but this one was especially good. Particularly liked that your narration would also help clarify some of the items you placed on screen. Really well done
Every thing you mentioned in the your presentation . . . I am inline with your line of thinking . . it is very refreshing to know that I am NOT the only one thinking the way I do . . Always glad to hear your calm voice and your professional presentations . . Thank you for being the best of the best . . . Much Appreciation - Thank You.
When I log onto my bank in Canada, they tell me the same thing. They even posted about how I found 6 new places to shop at and told me the names of all 6 places. In Canada they also froze bank accounts if you donated to a group the government disagreed with. The avg. person does not understand PMs, 99.9% of stores will not take PMs, and the value of PMs is something told to use by someone else.
In Australia the limit to withdraw cash from Banks is 10K. If one withdraws 10k ,that has happened to me, I need to filled a form. I usually buy 10oz of bullions or coins at a time and these days I just use bank transfer. Yes they knows where my money goes......but I dont care. Afriend of mine sold his home for 800K and spend it all on Gold. I wonder what the government say about that????
A couple of years ago I read about an online food storage (prepper) company which was required by the government to turn over their client list to the government. The online PM companies claim to have their customer's privacy in mind with encryption of all transactions, but my thinking there is still a risk of having a purchase history harvested by the government.
in greece banks sell gold sovereign and gold bars for cash the bank manager told me their is no record of this anywhere except when you try to sell the gold they will ask where you got the money for the purchase you made must have declared this amount as earned income
Just like you, I like to have some. And while I don't think there will be a confiscation event like in the past, I do believe that once CBDC is here to stay and has replaced most if not all cash transactions, there will be a hefty redemption tax on metals that may render them somewhat worthless or worth less than the actual value (value - taxes) in this new economy. There will be a window to exchange them for tokens, but once that window closes, bam! This will be one way to prevent people from owning it. But what do I know??
I agree with you. Once the people are forced to use CBDC and ONLY CBDC's everything we have stacked is worthless. It will be our fault if we allow this to happen.
@@curtbaronio2825 The constitution doesn't mean anything to the government, and it barely means anything to the average american. But it is fun to pretend that it is the law of the land.
Great video! Your channel popped up in my feed somehow. I think building relationships in communities (NOW) to foster trade in pm's and barter systems.
I got my gold and silver years ago, and I plan on holding it for the rest of my life. for a time of me I may need it, just like you said it's good having a options, you hit the nail in the head
Paying in cash just makes me feel better about It anyway, not having a record on paper with the local shop helps me sleep better lol just don't spend or sell any more than 9999$ at a time and you will have no issues. At least that's how it is here in Canada
Seems I read a book back in Junior High where Big Brother was always watching (1984). I remember thinking to myself this will never happen. Well I guess I was wrong.🧐
I don't worry too much about them tracking groceries. But I do have a plan for purchasing stuff I don't want tracked. Maybe it's ammo, precious metals, firearms, camping supplies... Also, just because they know I purchased some things X years ago doesn't give them any reason to suspect I STILL have said things. If and when someone comes round to check up on my stuff they'll have to jump through all of the hoops before they actually see any of it.
Question: My coin shop has to report to gov any cash purchases >= $10k. Have you seen this? You didnt mention it. Heres the Q: What if I spend $9k today and $3k tomorrow...do they bundle purchases within a certain time window?
I have wondered just that. Even on precious metal purchases. They can easily know who bought what and when. That is the ultimate goal of this entire "financial reset" - complete transparency of transactions.
From what I understand recently minted gold and silver in the US has implemented a new technology for tracking your coins and rounds. Buy the older stuff not the most recently minted.
I’ve recently been selling off one form of asset and buying another. The intermediate valuation and transaction is usually done in $US of course, though a few recently have been direct exchanges - with valuation and bean-counting still requiring the intermediary of $US. Back in the olden daze there was a direct standard: 1oz Au = 1 S&W Model 29. Entire complex swaps were sometimes guided by that equation. I’m sure some parties to such business at least thought about dollar valuations, but the were the hardcore that did not. I miss those folks and the olden daze.
@@2is1gold More like 1/2oz+ I think, but values there are flighty as well, with supply, demand, and legal issues all being influential. We live in interesting times.
I like your thinking. I see gold and silver as a hedge to help weather a total economic meltdown. Sadly, the Federal Reserve, who created this debt based currency crisis, will be enlisted to create a CBDC. No one should have that kind of power over individuals! Much less those who failed in the first place. The world is changing very quickly. The US dollar dominance is being challenged. It's just a matter of time. I will do everything humanely possible to resist a digital identity.
I went to an estate sale a few weeks ago with my GF. We ended up taking all the fake jewelry, silver place settings, candle holders ( I like them at the cabin and around the house), the silver platers and bowls and the real jewelry. Just in 4 of the $5 bags of fake jewelry I have more than made up for what I spent many times over just in the gold, and that was just the gold-plated stuff I identified. Right now, people undervalue gold, think some stuff is just junk and worthless. What is the value of a silver fork? Figure 90% silver and 10% copper. How many ounces, but people will sell it for pennies on the dollar. Be it in a bar, coin or round, fork or ring, they are still gold and silver. The funny part, I was able to get some silver to cement out from the fake jewelry but have not refined that yet.
When we owned our B & B....the "chip" on cards was to make the transaction go faster for the card holder & expedite the daily transaction for the merchant. BIG FAT LIE!!!! We all were tracked. FREEDOM!!!!🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸I. I want my privacy...!!!!
For me, I try to maintain a fine balance between not being tracked and not being conspicuous by being obvious in my desire not to be tracked. Sometimes, it’s safer to hide in the crowd than stand alone in the field. On the plus side, my parents weren’t apparently all that creative when they named me. My full name is so common that you will never find me if you Google me. So, I guess I’ve got that going for me… 🤔 Another great video, if a little terrifying (thanks for that - this will live rent-free in my head for at least awhile). That being said, you should pick up a ghillie suit as a business expense so you could show up entirely on camera in a future video. I mean, who doesn’t want an excuse to legitimately make Chewbacca noises?
For online purchases of metals, buy with bitcoin or a crypto. not saying it is untraceable but at least it's not in the merchant category system. then replenish your crypto holdings.
Came to a similar conclusion myself. Cbdc will be voluntary until it is not. Early adopters will be rewarded. Eventually all the hold outs will be told they have to change over and no choice in the matter. Black markets and barter will always exist. With a digital currency that can be tracked down to the penny I see an increased potential for people to look for options outside the system.
A crisis can compress a timeline. But the biggest threat is those that would implement/promote/perpetuate a crisis would have to permit a crisis large enough that the loss of control would be a very real possibility. So they would lose the ability to implement whatever they wish, and we could be in serious peril
I’m in the UK and buy direct from the royal mint so I assume they and my bank are tracking me but here there is no sales tax or capital gains on sovereign gold so I’m not concerned for now. CBDC and elimination of cash in future is a concern though
yes, gold is untraceable that is part of why they hate it so. They can track who bought it if it was bought by a credit card yes, but what if he sold it to someone else, lost it or simply hide it somewhere? A few years ago there was an amazing discovery in my country, a bag of 3000 year old gold springs was discovered. That was a primitive form of money. Someone had hid them somewhere and never came back for it. The poor sap was likely executed for theft but told no one where he hid the loot, and as a result it was lost to the ages for 3000 years. That can so easily happen with gold
My local bullion dealer is charging extra for cash purchases, same as credit card surcharges. They claim that their bank is charging them for large cash deposits and they are just passing along the cost. Feels like I am slowly being corralled into the behavior someone else wants for me.
I only use cash. No debit and rarely credit. Cell phones, no smart phone, a dumb phone, or no phone most of the time. A smallest possible tracking as possible.
From a cash and carry earlier today I purchased x2 2022 full sovereigns @ 3% less than dealers I paid in cash . But I also had to fill out a small form , name address and membership number . The store was Costco uk I imagine these codes are active in the uk also . But don’t know for sure
I pay cash for my goodies..However, the times I was using thee old debit card I noticed ads on my email. Then wierder shit like a conversation with someone and yep..an ad on my email something I never looked up or at on any device. I've decided that I need to go back to a flip phone no data. 📵 And if I need to use a card I can get a throw away visa card at Dollar general. On the asset angle gonna keep going. I do buy goldbacks because I use them in Wyoming and South Dakota. The more they get used and not just held for novelty the more merchants take them. And they do have a conversion chart on how much is cost in cash verses much lower in goldbacks. Thanks for another great video. "You could've been a hand model" 😉 ✋️ lol..
If it got to the point that the government or other entity was tracking your gold purchases for some nefarious purpose then how would you be able to sell your gold in such an environment?
According to 21 banks track purchases, but what if you use credit cards for most of your purchases and then pay them from you bank... how is that tracked????
I notice that most online bullion dealers offer discounts if paying by eCheck or bank wire transfer. Are these payment methods any safer than using a CC?
A local restaurant had a sign in the window saying there is a 3.9% charge added to all credit card sales. Will these increase in processing fees push people to use cash?💰
I am not concerned about CDBC's. I am concerned that once they are in place they will do away with cash. There is a lot of people that depend on cash and do not use banks. Especially the old timers like myself. I still keep my cash in a coffee can buried in the back yard for example. Cash is not trash.
As long as Nation-States/Central Banks hold Gold, it will always hold relevance. We may not focus on it to a high degree in the United States but it still holds huge strategic importance in most of the remainder of the world.
Here in NYC, cash is kind of still king. You'd be surprised at all the "Cash only" places here. As well as services that will help you out with the sales tax if you pay in cash. I don't see that going away for the foreseeable future. PM's can easily be converted to cash relatively easily too.
Actually, you can't. Upon exchange for any currency the tracking begins. It get worse... When digital currency becomes the soup de jour, tracking will be quite easy and with ESG scores in the mix, our freedoms will be eliminated.
When I buy metals or guns and ammo, I use cash. I never spend more than 10,000 at the coin shop because I do not want a form filled out. I will buy from other stackers after I verify the metals with my Sigma.
When I find myself in a place that doesn't accept cash, I turn around, leave, and never come back.
I do too
That’s cool but I hope you tell them why.
Sadly, your going to be leaving a lot more places in the near future..
Oh that's good....just like the pizza place I called the other day said I have to order from an app and can't place my order during the phone call.🤦♂️
@@nickn6223 I use no
We need to start using more cash. We don't want digit currency. our government is corrupt
@@YBehri Germans, despite the fact that they want to put restricting financial rules to all other Europeans nations, are also the the ones than more than anyone else have hidden money in fiscal heavens and trust funds.
An over concentration of power is an evil in itself.
Monero is what people use to buy drugs online without being found out, digital, but private, not just me saying that, the entire darknet, open source community, and internal FBI memos all say the same thing.
Private non-government affiliated digital currency already exists.
Yet 95% of “stackers” order online like imbeciles, thinking they’ve outsmarted the monetary system 🤦🏻♂️😆
Agreed I have stopped buying from places that don’t take cash. Just a matter of principle to support cash
Even if it’s tracked, all stackers lost it in that boating accident that’s going around.
Total travesties.
There's an epidemic of boating accidents out there. Be careful people!
I think Neil Mccoy-Ward gave that idea first on his show
I was traveling with my collection in Florida when Hurricane Ian hit😉
Anyone try to confiscate my silver, they'll get my lead first
I have come to accept that anything I don’t want tracked requires cash and leaving the phone at home.
With that said, you can be certain they have a pretty good profile of everyone especially if the financial information is married up with any social media information.
Yeah, very true.
There are a growing number data broker companies dedicated to gathering , collating and enriching profiles on every adult . You can disrupt this effort using cash and dumping social media, if you use it.
Why leave the phone at home? Worried they will track your location?
@@trekkiejunk It’s a fact that phone locations are tracked. If you want autonomy and privacy you won’t get that tethered to a phone.
Buy a faraday bag for your phone. My phone never has a clue where I’m at. I’ll
Pull it out and I’ll be in Texas but it still thinks I’m in Georgia. My phone is for my convenience.
I went Fishing the other day and my boat flipped over and I lost all the gold and silver I purchased. That's my story and I am sticking to it.
Tragedy.
boating sucks man
what were you doing putting gold and silver in your boat during a fishing trip? what does gold and silver have to do with fishing?
Sold mine in a yard sale.
@@johnshank7713 Fishing weights, silly.
Ohio state legislature is attempting to pass legislation to mandate businesses to accept cash. Keep your states Red folks, and keep your representatives fiscally conservative. 🤜🤛
That would be a good start.
And you think republicans (red states) are fiscally conservative??? Hahahahaha.
Hear! Hear!
@@trekkiejunk clearly, I don't or wouldn't have added that statement. Calm down. 👍 Primaries are just as important.
If anything red has track record of helping businesses setting aside rights of individuals for business. So does blue. You ain't getting between politicians and money either side.
It's amazing or maybe magic how I looked at a cheap game console on wish and immediately my Facebook feed started pushing the same product, I'm constantly seeing how I'm being pushed in one direction, no doubt the powers that be exercise control over me in one form or another. Thanks brother. Keep us updated. Knowledge is power.
I have also found that even if my wife looks for things on her device they show adds for similar products on my device, very worrying 🤔🤔
Facebook’s algorithm is amazing. Since it knows who your spouse/partner is and your friends, it will see what they’re looking at and advertise those items as gift ideas for you to buy them.
People always worry that Facebook is using their phone’s microphone. I’m more worried that the AI of their algorithm is so advanced that they DON’T need to use my microphone. 😳
I fuck with the algorithms intentionally. I look up stuff like "charred bits of wood", "vintage scrap iron", "piles of sea shells for sale" and whatever other random crap my brain can fix upon---as long as it's something I have no genuine interest in, LOL
I look at something at home on my home PC connected through a VPN through a foreign country and minutes later on my work computer, connected from home through the same router but no VPN and I get ads for the product I viewed on my home PC.
I boycott all advertisers on any type of socialist media.
Given that ALL fiat currencies end up imploding, we need to be cautious in allowing to use another one. There have been over 6,000 fiat currencies throughout history. All of them, without exception, have gone the way of the Dodo bird and broke a lot of people's hearts and dreams along with them. I am of the opinion that we need something more along the lines of Constitutional currency, or at least something tied to a gold/silver backed currency. Everything else is just another Ponzi.
Thanks for the video once again. In Britain it is very difficult to buy gold with cash. The government tell us it's to prevent money laundering by drugs dealers which is a good idea but it misses all the innocent people who want to use cash because they wish to remain anonymous. I trust governments less and less. I think if any thing needs to be marked with the 'sign of the beast', it has to be governments.
Since when do drug dealers deal in gold?
Governments are the biggest criminal organisations in the world.
I haven’t had any issues buying with cash
I also took a trip on that boat, that sank while carrying all my metals. It was a terrible accident.
Terrible.
I lost my pms when I lost my memory.
Does anyone remember trying to pay with cash at Sears ? They wouldn't stop asking for your name ,address ,phone number, email and why don't you want a sears card. They where quite obnoxious about it and now there actually no longer in business.
The uk is the same so you have to find a dealer who deals in cash.
Radio Shack used to do the same thing for decades! What a coincidence that they’re not around anymore, either.
Yes we are tracked and have been tracked for years. Welcome to the first world. Enjoyed it, thank you Sir.
Thanks CnC! 🤜🤛
Sorry, but I was robbed by reptile aliens. They apologized, but they needed it to fill all their rotten teeth.
TBH if a company wont accept cash they lose the sale, the only digital money i use is for online purchases, we should always have the choice.
I used to use a German bank before brexit and they automatically categorize my purchases in a monthly summary and that was several years ago. When I buy anything prepper related such as gold I always send payments to private individuals. Thanks for another great video.
Makes sense. Cheers!
This has already happened to me, my bank refused to process transactions to the largest bullion dealer in Europe. They refused to tell me why but said it likely was because the retailer was suspicious and it was to protect me despite it being established and reputable. They just didn’t want my money leaving and being stored in a physical asset imo.
Well - do you feel safe after they "protected" you?
@@danherrick5785 nope, my bank did the same to me with my first AR15 purchase 4 years ago. I took three attempts to finalize the purchase 😡
Looking back, acquiring most of the PM’s years ago was probably a better move than what folks can expect in the digital future, at least from the big-brother viewpoint.
Physical assets outside of the banking system can’t be bad. If you’re into privacy, PMs are definitely a good idea imo.
I pay cash at lcs's anymore. No tax, no shipping, silver in hand. I used to buy online only. I'm over them but I do miss the selection.
I get it. Cheers!
People should resist CBDCs by any means necessary. Refuse to take payment in them, refuse to do business with any place that doesn't accept cash.
There will be no cash after. Maybe at first, but it will be banned after. U will not have a choice, but to use digital. Or PMs...
@@Radio280 That won't last for long. A revolution is inevitable.
If you receive government benefits like Medicaid or Food stamps, all your spending that isn’t cash is tracked. If the number’s don’t add up, your benefits are reduced or eliminated. To me, that’s a good reason to own gold or jewelry, if you can store it safely, to be able to sell to improve your lifestyle, or even to be able to afford gifts for children and grandchildren. A health crisis or job loss can impoverish almost anyone.
I worked at Wal-Mart as a cashier for a summer when I was in college decades ago, and I used to keep a lazy eye on weird combinations of items customers would buy.
The all-time winner for me was a man in his 80s who bought just three items: popsicles, a garden hose, and “stay-stiff” gel (yes, it’s exactly what you think it is and it surprised me that Wal-Mart sold it, too).
No judgment at all - let your freak flag fly, I say - but I try not to think too much about what he was up to.
Sorry for the 2nd comment, but that memory suddenly popped in my head and I had to share “old-school” purchase tracking technology… eyes.
Similar story. Not a Walmart, but my English teacher came to my counter with similarly weird shit. It was too late to abort. 😂
I was a grocery cashier.........weirdest things a customer bought was cat litter, vaseline, cigars, and bandaids.
@@OhJodi69 The funny thing is I bet there’s often no connection between the items customers buy, but when you’re standing for 8 hours bored out of your skull, sometimes the imagination runs away without you. 🤣
I’m in the biz. Mcc codes for gun and ammunition stores have existed longer than the 20+ years I’ve been in the biz. If they want the data, it’s already there. It’s been there for years. Pay cash if you don’t want it tracked.
Great video! I do agree that there is very little that isn't being recorded these days. Everything we do online or via smartphone is, or can be, tracked/recorded already. Whether it is used against us is still to be determined, but the info is definitely out there to profile us. Cash is so important for privacy especially in today's hyper connected world. But as cash gets devalued over time, gold (specifically), and silver to some extent, will help give us the option to preserve some privacy.
Agreed - the importance of having some options is increasingly important. Cheers! 🤜🤛
I love all of your videos, but this one was especially good. Particularly liked that your narration would also help clarify some of the items you placed on screen. Really well done
Thank you!
Good morning from Texas… always great insights. Thank you
Thanks, Tim!
Every thing you mentioned in the your presentation . . . I am inline with your line of thinking . . it is very refreshing to know that I am NOT the only one thinking the way I do . . Always glad to hear your calm voice and your professional presentations . . Thank you for being the best of the best . . . Much Appreciation - Thank You.
Track all they want. I have guns, ammo. gold, silver, platinum and food storage. Make me public enemy #1. I truly don't give a F___.
You sure said something there. I've been saying that I don't give a F___ for a long time.
I can see sir you're a very particular and conscientious man with a taste for quality .
Thanks!
When I log onto my bank in Canada, they tell me the same thing. They even posted about how I found 6 new places to shop at and told me the names of all 6 places. In Canada they also froze bank accounts if you donated to a group the government disagreed with. The avg. person does not understand PMs, 99.9% of stores will not take PMs, and the value of PMs is something told to use by someone else.
Thanks!
🤜🤛
In Australia the limit to withdraw cash from Banks is 10K. If one withdraws 10k ,that has happened to me, I need to filled a form. I usually buy 10oz of bullions or coins at a time and these days I just use bank transfer. Yes they knows where my money goes......but I dont care. Afriend of mine sold his home for 800K and spend it all on Gold. I wonder what the government say about that????
A couple of years ago I read about an online food storage (prepper) company which was required by the government to turn over their client list to the government. The online PM companies claim to have their customer's privacy in mind with encryption of all transactions, but my thinking there is still a risk of having a purchase history harvested by the government.
why was the company required to give their client list over? what does food have to do with anything illegal or dangerous?
I buy all my silver with cash. The coin shop will only accept cash for precious metals.
🤜🤛
Whatever spare cashvi have goes into silver & gold after cbdc kicks in ill try barter for things I don't want them to know about
in greece banks sell gold sovereign and gold bars for cash the bank manager told me their is no record of this anywhere except when you try to sell the gold they will ask where you got the money for the purchase you made must have declared this amount as earned income
I always use cash for those outlets that don’t except cash I don’t trade with them
Just like you, I like to have some. And while I don't think there will be a confiscation event like in the past, I do believe that once CBDC is here to stay and has replaced most if not all cash transactions, there will be a hefty redemption tax on metals that may render them somewhat worthless or worth less than the actual value (value - taxes) in this new economy. There will be a window to exchange them for tokens, but once that window closes, bam! This will be one way to prevent people from owning it. But what do I know??
Anything is possible, but I don't think that will be the case. It would simply send it further off grid.
I agree with you. Once the people are forced to use CBDC and ONLY CBDC's everything we have stacked is worthless. It will be our fault if we allow this to happen.
@@SVJoe
True value cannot be dictated.
It can only be recognised.
Private transaction with metal as cash , it’s in the constitution. Worth reading if you find the time. 💪😎👍🇺🇸💰
@@curtbaronio2825 The constitution doesn't mean anything to the government, and it barely means anything to the average american. But it is fun to pretend that it is the law of the land.
Great video! Your channel popped up in my feed somehow. I think building relationships in communities (NOW) to foster trade in pm's and barter systems.
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I got my gold and silver years ago, and I plan on holding it for the rest of my life. for a time of me I may need it, just like you said it's good having a options, you hit the nail in the head
I have never used anything but cash or other precious metals to buy coin or round. Using a card would sort of defeat the purpose.
EVERYONE is tracking you. ANYTIME you're on the internet, they're following you. WAKE UP!!
we are awake, bro.
Where you been?
i have been to coin shows that had video cams above every table recording all transactions.
Best you can do is slowly sifon off cash and stack up on metals. Make sure you have as much off grid liquidity as possible.
Paying in cash just makes me feel better about It anyway, not having a record on paper with the local shop helps me sleep better lol just don't spend or sell any more than 9999$ at a time and you will have no issues. At least that's how it is here in Canada
Yeah, I get it. Cheers!
Seems I read a book back in Junior High where Big Brother was always watching (1984).
I remember thinking to myself this will never happen.
Well I guess I was wrong.🧐
That was the specific basis of my “science fiction” reference. 👀
Yep, back in the day we also read Animal Farm. I'd wager the kids in school today have never read it.
@@2is1gold great minds think alike 🧐🍻
Looks like you had a bit to much to think.
I don't worry too much about them tracking groceries. But I do have a plan for purchasing stuff I don't want tracked. Maybe it's ammo, precious metals, firearms, camping supplies... Also, just because they know I purchased some things X years ago doesn't give them any reason to suspect I STILL have said things. If and when someone comes round to check up on my stuff they'll have to jump through all of the hoops before they actually see any of it.
Question: My coin shop has to report to gov any cash purchases >= $10k. Have you seen this? You didnt mention it. Heres the Q: What if I spend $9k today and $3k tomorrow...do they bundle purchases within a certain time window?
I have wondered just that. Even on precious metal purchases. They can easily know who bought what and when. That is the ultimate goal of this entire "financial reset" - complete transparency of transactions.
N9t where you hide it
@@audie-cashstack-uk4881 I'll just say, 'l was robbed and all my pm's were stolen.' 😮
I pay cash at the LCS.
From what I understand recently minted gold and silver in the US has implemented a new technology for tracking your coins and rounds. Buy the older stuff not the most recently minted.
I’ve recently been selling off one form of asset and buying another. The intermediate valuation and transaction is usually done in $US of course, though a few recently have been direct exchanges - with valuation and bean-counting still requiring the intermediary of $US. Back in the olden daze there was a direct standard: 1oz Au = 1 S&W Model 29. Entire complex swaps were sometimes guided by that equation. I’m sure some parties to such business at least thought about dollar valuations, but the were the hardcore that did not. I miss those folks and the olden daze.
Now it would be more like 1/4oz. I wonder if that still comes up.
@@2is1gold More like 1/2oz+ I think, but values there are flighty as well, with supply, demand, and legal issues all being influential. We live in interesting times.
There will probably be future situations where that model 29 will be worth a bucket of gold.
Paid local for 10oz. Guy i work with says $10 cheaper online. Same bar . So no record is $1 per oz. Except now I'm telling you on and back on record.
Ha! Be careful, I hear people tend to lose it in boating accidents.
Where are you purchasing those classics books? The covers are great.
Easton Press mainly.
I like your thinking. I see gold and silver as a hedge to help weather a total economic meltdown. Sadly, the Federal Reserve, who created this debt based currency crisis, will be enlisted to create a CBDC. No one should have that kind of power over individuals! Much less those who failed in the first place. The world is changing very quickly. The US dollar dominance is being challenged. It's just a matter of time. I will do everything humanely possible to resist a digital identity.
I went to an estate sale a few weeks ago with my GF. We ended up taking all the fake jewelry, silver place settings, candle holders ( I like them at the cabin and around the house), the silver platers and bowls and the real jewelry. Just in 4 of the $5 bags of fake jewelry I have more than made up for what I spent many times over just in the gold, and that was just the gold-plated stuff I identified. Right now, people undervalue gold, think some stuff is just junk and worthless. What is the value of a silver fork? Figure 90% silver and 10% copper. How many ounces, but people will sell it for pennies on the dollar. Be it in a bar, coin or round, fork or ring, they are still gold and silver. The funny part, I was able to get some silver to cement out from the fake jewelry but have not refined that yet.
What about carrying physical metals across international borders. What methods are best? Can they be seized at airports and border crossings?
I have used cash for 35 years , no credit except to book flights and hotel rooms. It's very elementary.
When we owned our B & B....the "chip" on cards was to make the transaction go faster for the card holder & expedite the daily transaction for the merchant. BIG FAT LIE!!!! We all were tracked. FREEDOM!!!!🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸I. I want my privacy...!!!!
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The "Chip" makes it practically impossible to clone the cards. lay off the crack.
For me, I try to maintain a fine balance between not being tracked and not being conspicuous by being obvious in my desire not to be tracked. Sometimes, it’s safer to hide in the crowd than stand alone in the field.
On the plus side, my parents weren’t apparently all that creative when they named me. My full name is so common that you will never find me if you Google me.
So, I guess I’ve got that going for me… 🤔
Another great video, if a little terrifying (thanks for that - this will live rent-free in my head for at least awhile).
That being said, you should pick up a ghillie suit as a business expense so you could show up entirely on camera in a future video. I mean, who doesn’t want an excuse to legitimately make Chewbacca noises?
Who says I don’t already have a Chewbacca suit? 😂
Thank you for the information. Have a good weekend.
You too!
Interesting video. Looking forwardto the next installment. 💰
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I want to know which lake has all the gold that everyone lost in their boating accidents.
DUDE . . there are lakes all over this beautiful country . . North to South & East to West . . Every lake has at least 1 accident .. fer sure !!!!
For online purchases of metals, buy with bitcoin or a crypto. not saying it is untraceable but at least it's not in the merchant category system. then replenish your crypto holdings.
Came to a similar conclusion myself. Cbdc will be voluntary until it is not. Early adopters will be rewarded. Eventually all the hold outs will be told they have to change over and no choice in the matter. Black markets and barter will always exist. With a digital currency that can be tracked down to the penny I see an increased potential for people to look for options outside the system.
The problem is finding someone willing to barter goods/services for PMs.
What's pm?
@@vertigosun9267 Precious Metals
A crisis can compress a timeline. But the biggest threat is those that would implement/promote/perpetuate a crisis would have to permit a crisis large enough that the loss of control would be a very real possibility. So they would lose the ability to implement whatever they wish, and we could be in serious peril
Most places don’t take anything above $20 cash anymore
Possession is 9/10ths of the law. I don't "possess" any gold because it just so happens that I have "misplaced" it...
I’m in the UK and buy direct from the royal mint so I assume they and my bank are tracking me but here there is no sales tax or capital gains on sovereign gold so I’m not concerned for now. CBDC and elimination of cash in future is a concern though
3:04 you say they wouldn't know... but with metadata and analysis they can likely determine your purchases with big data.
This is crazy! Thanks for sharing 👍
Where can I get those books?
Most of the books on the desk in this one are from Easton Press. One or two are a lesser known company that I can't remember the name of.
yes, gold is untraceable that is part of why they hate it so.
They can track who bought it if it was bought by a credit card yes, but what if he sold it to someone else, lost it or simply hide it somewhere?
A few years ago there was an amazing discovery in my country, a bag of 3000 year old gold springs was discovered. That was a primitive form of money. Someone had hid them somewhere and never came back for it. The poor sap was likely executed for theft but told no one where he hid the loot, and as a result it was lost to the ages for 3000 years.
That can so easily happen with gold
What are the non cusip metals??
My local bullion dealer is charging extra for cash purchases, same as credit card surcharges. They claim that their bank is charging them for large cash deposits and they are just passing along the cost. Feels like I am slowly being corralled into the behavior someone else wants for me.
Never even heard of that,crazy
So strange.
Actually, I was opening a business account recently until I saw that they charged for cash deposits and cash withdrawals.
There might be some things that I buy at face to face auctions with cash.
I only use cash. No debit and rarely credit. Cell phones, no smart phone, a dumb phone, or no phone most of the time. A smallest possible tracking as possible.
Vato !!!!! Excellent!!!!! I appreciate your TIME ....
Hey, thank you!!
Yes use cahs and buy from a store you trust instead of on line. Great video and info bro. Keep rocking it
The more gold and silver circulating between the grass roots buyers and sellers the better. Roll out the goldbacks too
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Reason I mentioned lower fractional coins on your last video. Government overreach becomes more aggressive as the days go by.
You aren't alone in that thought.
From a cash and carry earlier today I purchased x2 2022 full sovereigns @ 3% less than dealers I paid in cash . But I also had to fill out a small form , name address and membership number . The store was Costco uk I imagine these codes are active in the uk also . But don’t know for sure
I pay cash for my goodies..However, the times I was using thee old debit card I noticed ads on my email. Then wierder shit like a conversation with someone and yep..an ad on my email something I never looked up or at on any device. I've decided that I need to go back to a flip phone no data. 📵 And if I need to use a card I can get a throw away visa card at Dollar general. On the asset angle gonna keep going. I do buy goldbacks because I use them in Wyoming and South Dakota. The more they get used and not just held for novelty the more merchants take them. And they do have a conversion chart on how much is cost in cash verses much lower in goldbacks. Thanks for another great video. "You could've been a hand model" 😉 ✋️ lol..
If it got to the point that the government or other entity was tracking your gold purchases for some nefarious purpose then how would you be able to sell your gold in such an environment?
My bank has been classifying my bullion purchases as "dining out." 😁
Perfect! 😄
😂😂😂
That's not so far off; that's why I buy PMs: so I can eat.
Why does the bank even know you are buying anything? Ask for a thousand dollars and walk out the door. This is what I do.
According to 21 banks track purchases, but what if you use credit cards for most of your purchases and then pay them from you bank... how is that tracked????
I notice that most online bullion dealers offer discounts if paying by eCheck or bank wire transfer. Are these payment methods any safer than using a CC?
Cash is king, plastic and debt are stupid.
so if im pulling out a $1000 a week and pay cash for my gold/silver pay the shop in cash how will they know ?
Great video as always, thanks for the content!
Thank you!
A local restaurant had a sign in the window saying there is a 3.9% charge added to all credit card sales. Will these increase in processing fees push people to use cash?💰
That particular restaurant may have been enjoying some tax savings.
I am not concerned about CDBC's. I am concerned that once they are in place they will do away with cash. There is a lot of people that depend on cash and do not use banks. Especially the old timers like myself. I still keep my cash in a coffee can buried in the back yard for example. Cash is not trash.
As long as Nation-States/Central Banks hold Gold, it will always hold relevance. We may not focus on it to a high degree in the United States but it still holds huge strategic importance in most of the remainder of the world.
Didn't citi bank just go 100% digital or cbdc? I hear a lot of banks are transitioning right now but I cant prove or confirm that
Here in NYC, cash is kind of still king. You'd be surprised at all the "Cash only" places here. As well as services that will help you out with the sales tax if you pay in cash. I don't see that going away for the foreseeable future. PM's can easily be converted to cash relatively easily too.
Actually, you can't. Upon exchange for any currency the tracking begins. It get worse... When digital currency becomes the soup de jour, tracking will be quite easy and with ESG scores in the mix, our freedoms will be eliminated.
More and more of this topic is being discussed on many platforms. Personally, I don't like being followed, stalked, or tracked, by foot or machine.
i CAN SAY i HAVE LOTS OF GOLD AND THEY STILL HAVE TO PROVE i HAVE IT LOL.
When I buy metals or guns and ammo, I use cash. I never spend more than 10,000 at the coin shop because I do not want a form filled out. I will buy from other stackers after I verify the metals with my Sigma.
Thanks for the heads up
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I figured they’re tracking everything we do it really sucks but there’s nothing we can do about it.