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re: Nazi "Gold Train" Found: It Could Be Mined, There Could Be Billions in Gold

Posted on 8/27/15 at 9:23 am to
Posted by ManBearTiger
BRLA
Member since Jun 2007
22673 posts
Posted on 8/27/15 at 9:23 am to
quote:

If I found gold on a shipwreck, my arse is pocketing as much as I can, I'm geo tagging the location, then telling the authorities about it weeks after I've stashed the gold.

10% my arse.


Good luck selling what you find
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 8/27/15 at 9:23 am to
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
74680 posts
Posted on 8/27/15 at 9:24 am to
quote:



If I found gold on a shipwreck, my arse is pocketing as much as I can, I'm geo tagging the location, then telling the authorities about it weeks after I've stashed the gold.

10% my arse.


In not 100% sure but I think if you did it like you describe they'd seize all the treasure and put you in jail.

ETA: of course you could just get it all and not say anything. Only problem then is you'll have a few million dollars worth of gold you'll have to launder without getting caught.
This post was edited on 8/27/15 at 9:26 am
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135055 posts
Posted on 8/27/15 at 9:24 am to
quote:

quote: If I found gold on a shipwreck, my arse is pocketing as much as I can, I'm geo tagging the location, then telling the authorities about it weeks after I've stashed the gold. 10% my arse.




Good luck selling what you find






How would it be difficult to sell gold?

Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:25 am to
quote:

Good luck selling what you find


I could absolutely sell solid gold to someone under the table. I am not worried about that.

Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:29 am to
quote:

launder without getting caught.


THAT's the part that is tricky.

Selling the gold for cash wouldn't be hard. Hiding that income would be a doozy. Probably have to buy a bar/club and launder it through that.
Posted by Hammertime
Will trade dowsing rod for titties
Member since Jan 2012
43031 posts
Posted on 8/27/15 at 9:29 am to
Gotta convert gold into bitcoins

It would all be black market sales, and getting rid of that much without people noticing would be tough. There are even tattle tales on the black market
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
74680 posts
Posted on 8/27/15 at 9:32 am to
quote:

THAT's the part that is tricky.

Selling the gold for cash wouldn't be hard. Hiding that income would be a doozy. Probably have to buy a bar/club and launder it through that.



Exactly. If you were to make a find like we're talking about where you've got gold that's in the millions, you've got a big task on your hands trying to convert that into cash that you can use if you're trying to keep it under the table. It would be extremely difficult to pull off and the risks you'd be taking are huge.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:33 am to
quote:

Gotta convert gold into bitcoins

It would all be black market sales, and getting rid of that much without people noticing would be tough. There are even tattle tales on the black market


You cut a gold melter into the profits. Sell the gold under the table.

Then have a shite ton of cash you put in a safety deposit box or in a safe somewhere. Then pump that cash into a bar/club slowly.

Posted by ManBearTiger
BRLA
Member since Jun 2007
22673 posts
Posted on 8/27/15 at 9:34 am to
quote:

How would it be difficult to sell gold?


Do you imagine "gold" as just being unmarked bars? Or the raw material? It would be so easy to track the origin of any kind of bulk amount of gold procured from a Nazi source. You'd be slapped with a waterfall of international violations.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:34 am to
quote:

Exactly. If you were to make a find like we're talking about where you've got gold that's in the millions, you've got a big task on your hands trying to convert that into cash that you can use if you're trying to keep it under the table. It would be extremely difficult to pull off and the risks you'd be taking are huge.



No doubt, but its fun to think about doing

It would have to be through ownership of a "cash heavy" business. That's the only way I see that isn't provable in court.
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
20260 posts
Posted on 8/27/15 at 9:34 am to
Gold can be melted down and changed to look however you want it to look.

There are plenty of folks out there that would buy small amounts of gold from you at a time.

Stash all of it and slowly overtime gain money from it
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:35 am to
quote:

Do you imagine "gold" as just being unmarked bars? Or the raw material? It would be so easy to track the origin of any kind of bulk amount of gold procured from a Nazi source. You'd be slapped with a waterfall of international violations.



Melt it down into bars. Would it be traceable then?

Posted by ManBearTiger
BRLA
Member since Jun 2007
22673 posts
Posted on 8/27/15 at 9:35 am to
quote:

I could absolutely sell solid gold to someone under the table. I am not worried about that.


Yes, and you absolutely would be caught once that gold is inevitably tracked back to you.

Gotta love people on the internet who think they're Thomas Crowne.
This post was edited on 8/27/15 at 9:37 am
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:36 am to
quote:

Gold can be melted down and changed to look however you want it to look.

There are plenty of folks out there that would buy small amounts of gold from you at a time.

Stash all of it and slowly overtime gain money from it



Yeah and I just googled and its apparently not too hard to melt gold at your home. So another idea is to just buy the equipment and sell it off small chunks at a time.


Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:38 am to
quote:

Yes, and you absolutely would be caught once that gold is inevitably tracked back to you.



How would it be tracked back to me? We're assuming no one ever knew I found a treasure and its melted into a different form.

I admittedly don't know much about the trade. Is there a way to track gold by its chemical makeup or once its melted is it the same as all other gold?

Posted by fr33manator
Baton Rouge
Member since Oct 2010
135055 posts
Posted on 8/27/15 at 9:38 am to
quote:

quote: How would it be difficult to sell gold? Do you imagine "gold" as just being unmarked bars? Or the raw material? It would be so easy to track the origin of any kind of bulk amount of gold procured from a Nazi source. You'd be slapped with a waterfall of international violations.


#1, if you wanted to sell "nazi gold" in that form for it's historical value, you'd probably go through black market channels. You aren't putting it up on the block at Blanton's or on EBay.




#2, if you just want to sell it for the gold value...melt it down. The versatility of gold is one reason it's been so valued throughout history
Posted by ManBearTiger
BRLA
Member since Jun 2007
22673 posts
Posted on 8/27/15 at 9:39 am to
quote:



Melt it down into bars. Would it be traceable then?


Yes. It would be traceable back to you in any event, then the hard questions start coming.
This post was edited on 8/27/15 at 9:40 am
Posted by Darth_Vader
A galaxy far, far away
Member since Dec 2011
74680 posts
Posted on 8/27/15 at 9:40 am to
quote:

Yeah and I just googled and its apparently not too hard to melt gold at your home. So another idea is to just buy the equipment and sell it off small chunks at a time.


I think eventually you'd have to draw the attention of the authorities. Remember we're talking about a trainload of gold here. Hell, imagine the logistics of just getting it all out of that tunnel.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 8/27/15 at 9:41 am to
quote:

It would be traceable back to you in any event


How? You're not answering that. Are you assuming someone will rat me out? Or that I am not planning on laundering it?



And what if I went to South America with it on a boat and sold it after melting it down?
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