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| Forums > IC Magazine > Cannabis Business Network > Cannabis Business News > REPORT: DOJ WANTS BANKS TO CALL POLICE ON CUSTOMERS WITHDRAWING $5,000 OR MORE | ||
| REPORT: DOJ WANTS BANKS TO CALL POLICE ON CUSTOMERS WITHDRAWING $5,000 OR MORE | Thread Tools |
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#11 |
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Banned
Join Date: Mar 2014
Posts: 1,971
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business and personal are monitored.. so say your business is only making 10,000 into the bank a month.. and one month. u hit 20 grand.. they will investigate and try to fuck you.. need receipts and shit..
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1 members found this post helpful. |
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#12 |
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Guest
Posts: n/a
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I don't keep shit in the bank, if I need to pay bills I will deposit enough cash to cover them using the ATM machine or I will just get a money order. Most I put in every month is at the end to pay my rent and its less then 2K.
Everyone should have a safety deposit box if you are sitting on a bunch of cash |
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#13 |
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if it smells like fish
Join Date: Feb 2014
Location: bible hill estates
Posts: 8,328
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fuck banks .....you only need them in certain situations...keep your money buried/hidden and only keep token amount on bank ...as small as possible....yeehaw....some serious privacy violations as far as I am concerned...
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SML..iff mi spellin and centances suk and yoo don't lyke itt too fukkin bad;/?.....I once was asked what I would say upon getting to the gates of heaven??? m/r is a visitors badge an option??? I would like a few drinks at the bar... YEEHAW....vote for real legalization not sum bullshit...free the weed or kiss my ass...you wont be getting my tax money.. |
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4 members found this post helpful. |
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#14 |
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Senior Member
Join Date: Oct 2014
Posts: 2,764
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I hate banks too, but I don't feel safe with a lot of cash on hand. Even home safes aren't all that secure. And my bank has a long waiting list for safe deposit boxes.
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1 members found this post helpful. |
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#15 |
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Member
Join Date: Sep 2009
Posts: 696
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I'm a pretty firm believer in storing excess cash as gold or silver. I try and go about 50-50 currency vs metal, but I think I am about to convert almost all my currency into gold. I like gold because it is off the radar. There are no transaction taxes. If you stay under 10K they will not do a SAR or 1099 on you. The city I live in has at least 4 jewelry stores I know of that always have inventory, have good premiums, and ask no questions. You can bounce in and out of cash anonymously
I think the banks are going to do bailins and we will go to capital controls when the debt ediface crumbles and the financial system freezes up. Pension funds, 401K, money markets, stocks, bonds, all of it will revert to the worthless paper that it is. People just don't understand that when you deposit money in the bank you have given it to them and they are under no obligation to give it back, and if everyone decides to go down to the bank and get their money they will find that out too. I just read a story tonight about how the FDIC has 37 billion dollars in it's rescue fund to cover 7 trillion in insured assets. In the article they said not only do they not have the resources to intervene in a banking emergency, but they don't even know what they would do or how to do it. The FDIC is just a thin illusion. It has no power or ability to do anything. Be your own bank. And learn up a bit about money: what it is, where it comes from,how it is created, and what does this mean to you. Mostly school up on what happened in September 2008 when the entire worlds financial system froze up tight and we came within a few hours of total financial Armageddon and that nothing has been fixed and everything is worse and now we are here. |
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14 members found this post helpful. |
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#16 |
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Member
Join Date: Dec 2014
Posts: 534
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Everyone in the USA that has 5k should withdraw it on the same day. The overreach of the government is out of control.
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4 members found this post helpful. |
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#17 |
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Senior Member
Join Date: Oct 2014
Posts: 2,764
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I've acutally been researching buying some gold recently. You have any preferred websites to buy from? I was looking at https://www.jmbullion.com/gold/.
Or is it better to buy somewhere in person? |
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#18 |
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Six Gummi Bears and Some Scotch
Join Date: Jan 2014
Posts: 2,615
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Whatever, a safe is the only way to keep cash.
My safe weighs over 600 lbs. Never keep large cash in something you can carry, okay? Only noobs transact big cash through banks. Banks are not your friend, old news, right? Never ever deposit or withdraw big cash from a bank. Banks are like cell phones, your information is available to all government eyes.
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"So we're just done with phrasing, right, that's not a thing anymore?." |
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4 members found this post helpful. |
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#19 |
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Member
Join Date: Apr 2007
Location: Same as You
Posts: 125
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Why do Humans pay bankers to use their money without renumeration?
Once upon a time in the magical land of back when banks paid customers a small percentage for using their money to make bigger investments. Now the customer must pay for the priviledge of securing a banker's golden parachute. Banks serve no purpose to the real Human. Withdraw and let the chips fall.
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Angels can fly because they take themselves lightly- Chesterton Weed The People - DickAnubis |
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4 members found this post helpful. |
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#20 |
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Senior Member
Join Date: Jun 2009
Location: NY
Posts: 3,980
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well, if the police start getting 1000's of extra transactions to evaluate
that time has to come from somewhere less looking for grow rooms? you can't watch everybody all the time, just another bureaucrat trying to make a name
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current grow: www.icmag.com/ic/showthread.php?p=7872194 |
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