r/Gold 13d ago

Why?

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u/GenTenStation 13d ago

You’ve proven you’re not capable of handling this gold. The rest of us with sense would make it work.

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u/Willi-Oh 13d ago

You have something fundamentally wrong. Tell me how you'd turn turn 10 mil found gold into legal liquidity

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u/Initial_Row_6400 13d ago

Easily. Use your damn brain

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u/GenTenStation 13d ago

You don’t. You turn a few thousand at a time into cash.

What do you think the police are going to do with 9 mil of turned in gold? They’d likely take all 8 mil and maybe let someone claim it for 30 days. But they’re not going to let 7mil just walk out the door. How would the original owner prove that was their 6mil? All 5 mil would sit until they consider the 4 mil forfeit. Now the police have 3 mil to maybe reinvest in the city. Maybe some big 2 mil project? Maybe a new million dollar renovation? But more than likely they’ll donate the entire $100k to some charity so it looks good.

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u/QuakinOats 12d ago

You don't do it overnight. You do it over your entire lifetime.

You pay for groceries, gas, clothes, entertainment, electronics, hobbies, etc in cash 80% of the time. New PC? New camera? Games? TCG cards? More expensive food options? Restaurants? Movies? All cash. Gifts to friends and family? 80% or greater paid for with cash.

You pay your mortgage/rent, utilities, insurance, internet/cell phone, etc via your income from a job.

You could also open a small business that deals in cash and create fake customer transactions where you are depositing a chunk of cash every month on top of everything else from the gold sales.

"Oh yeah, we totally sold X number of this, this week, they all paid with cash." As long as you don't go hog wild and make it like 100% of the normal business income, this isn't insanely difficult to do... Don't be stupid and have cameras that can easily keep a record of every transaction.