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Man charged - can't prove he owns the bullion he has
Topic Started: 28 Aug 2013, 10:55 AM (3,541 Views)
Strindberg
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Interesting.
http://au.news.yahoo.com/thewest/a/-/national/18685122/man-charged-over-nsw-silver-bullion-find/
Quote:
 
Drug detection officers were surprised to discover a man carrying a stash of silver bullion instead of mind-altering substances when they stopped him on a NSW train line.

Police are seeking the owners of the silver bars and coins after investigations revealed the man couldn't prove he owned them.

Officers involved in a drug detection operation made the discovery after stopping the 34-year-old at Broadmeadow railway station in Newcastle in July.

He was found to be carrying five kilograms of silver bullion including three one kilogram silver bars, two one kilogram silver coins and 75 smaller silver coins worth of about $6000, police said.
He has been issued with a court attendance notice for goods in custody and will appear in Newcastle Local Court on October 8.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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Pig Iron
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Bogan scum

so much for hiding your stash of coins to avoid tax being a smart idea.
I am the love child of Tony Abbott and Pauline Hanson
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goldbug
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Unless he can show that he bought it from some entity he stole it for sure. I hope they give him a hefty fine at least, little chance of discovering the true owner unless he confesses, a lot of dealers have been robbed in Australia over the past few years and it would be impossible to determine where it came from unless the owner had taken photos of the bars and coins.
Shadow was hopelessly wrong about the Gold Bull Market.
What else is he wrong about?
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Shadow
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Evil Mouzealot Specufestor

goldbug
28 Aug 2013, 11:04 AM
Unless he can show that he bought it from some entity he stole it for sure. I hope they give him a hefty fine at least, little chance of discovering the true owner unless he confesses, a lot of dealers have been robbed in Australia over the past few years and it would be impossible to determine where it came from unless the owner had taken photos of the bars and coins.
Makes it quite a risky investment.

Somebody could steal all your gold and sliver, melt it down, and you have no way of ever proving it belonged to you.

Not much chance of anyone stealing your home and hiding the fact (though I acknowledge there have been a few very rare instances of fraudulent title transfer).
Edited by Shadow, 28 Aug 2013, 11:11 AM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Trojan
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Pig Iron
28 Aug 2013, 10:57 AM
so much for hiding your stash of coins to avoid tax being a smart idea.
Hahaha!
Was that someone from here? They thought they were so smart by not having a paper trail and avoiding paying taxes.
Edited by Trojan, 28 Aug 2013, 11:15 AM.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Frank Castle
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Business As Usual

Shadow
28 Aug 2013, 11:10 AM
Somebody could steal all your gold and sliver, melt it down, and you have no way of ever proving it belonged to you.

Its happened before and the gold and silver buggerers here have no idea how much of their metal may have come from this source.
Edited by Frank Castle, 28 Aug 2013, 11:16 AM.
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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herbie
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I used ta enjoy ya stuff Strindberg - As bein' rather contrarian from my possie - 'Til I realised ya game. Am still on the piss after work - Reckon I'll stop in another day or two - Will get back ta ya some time after then with some examples of why I reckon ya an out 'n out shifty 'n fundamentally dishonest turd ... :re: (Mental notes ta self: Strindberg continuously climbing up Veritas' ribs about his 'handle'; Strindberg putting up some stats about how house prices go up as interest rates rise ... :re: )

PS: Do agree with the sentiment that bullion bugs should pay tax on their profits - Plus claim deductions on their losses - As the case might be.
Edited by herbie, 28 Aug 2013, 11:18 AM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Trojan
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Shadow
28 Aug 2013, 11:10 AM
Makes it quite a risky investment.

Somebody could steal all your gold and sliver, melt it down, and you have no way of ever proving it belonged to you.

Not much chance of anyone stealing your home and hiding the fact (though I acknowledge there have been a few very rare instances of fraudulent title transfer).
Yes there has been instances of fraudulent sales of property but despite the ownership of houses being so widespread these are much much rarer.
p.s. It becomes that much harder to sell the house if there is a loan against it and bank is there registered mortgagee.

And its definitely a lot easier to prove to the police the house belongs to you.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Frank Castle
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Business As Usual

herbie
28 Aug 2013, 11:16 AM
. Am still on the piss after work - Reckon I'll stop in another day or two
Maybe you should stop posting until you sober up ;)
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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Pig Iron
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Bogan scum

goldbug
28 Aug 2013, 11:04 AM
Unless he can show that he bought it from some entity he stole it for sure. I hope they give him a hefty fine at least, little chance of discovering the true owner unless he confesses, a lot of dealers have been robbed in Australia over the past few years and it would be impossible to determine where it came from unless the owner had taken photos of the bars and coins.
gold can be tracked with gold finger printing to it's point of origin.


Trojan
28 Aug 2013, 11:14 AM
Hahaha!
Was that someone from here? They thought they were so smart by not having a paper trail and avoiding paying taxes.
remember the sock puppet frankrider? he crapped on and on about it.

crazy ted will be in some trouble if the ATO goes through hiim.
Edited by Pig Iron, 28 Aug 2013, 11:26 AM.
I am the love child of Tony Abbott and Pauline Hanson
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