EU: Declare how much gold you have got

[silenceissilver]

1 hour ago, Martlet said:

Once they have the means and will to track assets, they'll make sure they track it accurately including private transactions.  No good claiming you have no gold if dont have whats expected from the record, they'll tax you on assumption you disposed of it.  

On the other hand naff all chance they'll get something this complex to implementation.

A very good point, they might try to do this. Much more effective than demanding you hand your gold in. They did something similar with property, in Western Germany after the war - every property owner was obliged to take a mortgage worth 50% of his property and pay it to the government which was kind enough to take the burden of raising a credit on your behalf, so you didn't need to bother about any administrative details.

[silenceissilver]

19 minutes ago, Zhorro said:

This appears to be a tender to look into the possibility of setting up a database in order to detect money laundering and tax evasion...

"This project shall look into various possibilities for collecting information to set up an asset registry which may afterwards feed into a future policy initiative... The possibility to include in the registry data related to the ownership of other assets such as cryptocurrencies, works of art, real estate, and gold, shall also be considered."

So, I would guess any developments are a good few years away!

Yes, it is such a tender, it certainly is not immediately around the corner. At this point they are looking into how they could do this in practice. This being said, it shows where they want to go.

[sixgun]

4 hours ago, silenceissilver said:

Of course, it's impossible to prove you haven't lost it in a tragic boat accident.

In my case my tragic boating accident has been documented on the forum several times over several years. The thing is it never really happened. But it doesn't end there. i have been a total fake.
It has also been documented on numerous occasions i am a lunatic and i am. i will have to come clean now - in my state of madness i have lived a fantasy life imagining the Earth was flat, Elvis lives on the dark side of the Moon and worst of all i have a stash of precious metal coins and bars. i confess i was a fantasist. i am ashamed of myself and offer my most profound apologies to the membership.

[silenceissilver]

3 minutes ago, sixgun said:

In my case my tragic boating accident has been documented on the forum several times over several years. The thing is it never really happened. But it doesn't end there. i have been a total fake.
It has also been documented on numerous occasions i am a lunatic and i am. i will have to come clean now - in my state of madness i have live a fantasy life imagining the Earth was flat, Elvis lives on the dark side of the Moon and worst of all in have a stash of precious metal coins and bars. i confess i was a fantasist. i am ashamed of myself and offer my most profound apologies to the membership.

[Arganto]

I used any asset linked to my name to pay off my horrendously large gambling debts. These in turn have caused a deep seated mental illness that has affected my judgement and recall. 

[Scaffstacker]

I’m terrible at playing poker and lost them all at the table 🤷🏼‍♂️

[KevinFlynn]

This coming at the moment when I decided to buy online... 😪

Not easy to travel to get good prices in Covid times 🤫

Or anywhere where I could get my fix anyway...

 

[Paul]

Remember reading about a Jewish guy in ww2 as the Nazis advanced to his town, plundering along the way. He cast all his gold coins into two massive door hinges and swapped them out, and painted them black. He was captured, saw out the war, survived and eventually got to return to his plundered ransacked home with his solidly supported door still in tact

[SidS]

Of course the people that orchestrate these schemes never include themselves in the group that have to live within the new restrictions.

The whole idea of preventing money laundering and tackling crime. Great on the tin, but actually the criminals will simply find a way around it. Instead the ordinary, law abiding folk will be hit instead, as always.

I'll state bluntly that I have never liked the EU (as the political body) and I've never trusted it. I'm afraid I have read Ninteen Eighty Four and they really are like Big Brother, the moral police, slowly encroaching on people's freedoms and rights through an ever growing network of complex rules and regulations. A malicious spider weaving its web.

How does an organisation that was birthed as a trading partnership to create frictionless trade, seem to do nothing but barriers, regulations and obstacles in the way of businesses?

It was never really about trade, it was always about creating a unified (political) European superstate based on some neo-marxist ideal, where the elites can analyse every one of their citizens and have supreme control over their thoughts and actions.

Beware my friends, they are never going to stop... there's too much money for those in the loop to walk away from this. They'll take your gold, your houses and your rights. You will own nothing and be happy.

[ady]

3 hours ago, SidS said:

The whole idea of preventing money laundering and tackling crime. Great on the tin, but actually the criminals will simply find a way around it. Instead the ordinary, law abiding folk will be hit instead, as always.

Funny phrase "money laundering" all it really is they don't want you using anything other than the company coupon, and isn't it funny that we have given up our right to arms but the criminals (governments) are quite happy to  have them.

[Lyrinn]

Guys, we're all missing the golden opportunity to be had here.

Step 1) Open a boating business that will safely transport previous metals.

Step 2) All UK forum members agree to take hold of the precious metals that our fellow EU forum members have in their stacks; transactions to be sent in the post. A small fee, of course.

Step 3) Declare that two, terrible accidents occured to all EU forum members. First, the metal was lost in the post by the Royal Mail (very likely). Second, there was a terrible boating accident (also very likely, it never stops raining in the British Isles and that's just summer); whatever metal wasn't lost in the post was lost in the boating accident. This also included the entire stack that the UK forum member had (we were just trying to be environmentally friendly and ship it all at once to make Greta Thunderbirds-are-go proud!).

Step 4) All EU forum members need to immediately tell their governments about what happened in Step 3. Something like: *Roll eyes* "Sacre bleu, those bloody Brits and their tea sipping ways; at it again, don't you know, Merkel!" All UK forum members need to tell HMRC that the EU is to blame for sending over so much precious metal that it caused the terrible boating accident by capsizing the boats. *Roll eyes* "Sacre bleu, those bloody European mainlanders and their coffee-sipping ways; at it again, don't you know, Boris!"

[SidS]

I suppose if there's so many boating accidents all at once, and so much metal sinking to the seabed, displacing all that water, that sea levels will rise! And they blame climate change?

See Wonger was right, gold is going down...

[pricha]

On 16/08/2021 at 21:28, CollectorNo1 said:

Well we are not in the EU anymore.........So no worries for us 😄

Really ? With this Government .

[Bigmarc]

22 hours ago, SidS said:

The whole idea of preventing money laundering and tackling crime. Great on the tin, but actually the criminals will simply find a way around it. Instead the ordinary, law abiding folk will be hit instead, as always.

I withdrew cash from one account to put into my son's savings account last week, they wanted to know where the money came from. Also previously I tried putting a small amount of cash into the mother-in-law's account and this is no longer allowed. If the powers at be can't track it then your money laundering. 

12 hours ago, Lyrinn said:

All UK forum members need to tell HMRC that the EU is to blame for sending over so much precious metal that it caused the terrible boating accident by capsizing the boats.

No need, correct me if I am wrong but you can read this thread without being a member from a simple Google search. HMRC probably read this over breakfast creating their investigate list. Good job I am as boring as they come.

[Pipers]

All my coins have gone missing😔

[Pipers]

I was thinking though if some of the guys on here put all there coins in a boat it would sink

[SilverStorm]

On 16/08/2021 at 11:39, Pete said:
PS - I sold all my gold

No you didn’t, you lost all of it in a boating accident.  For goodness sake, get your story correct!   😝😆

[Martlet]

4 hours ago, SilverStorm said:

No you didn’t, you lost all of it in a boating accident.  For goodness sake, get your story correct!   😝😆

Do you have a insurance claim for that?  When you sell on, who does the buyer put on the declaration form? 

If the authorities went ahead with this, they are not going to leave large loopholes.

[HerefordBullyun]

If only my stack of PM's were as big as my stash of 'rhythm magazines' and online servers I've burnt out from polishing my trumpet.  

I suspect if that were the case - I could of retired at the ripe old age of 21.....

If only it were a form of currency......

 

[Robda1986]

Sold all my gold to a guy in the pub 🤥

[klau2005]

On 23/08/2021 at 04:02, Robda1986 said:

Sold all my gold to a guy in the pub 🤥

And I bet you spent them all on booze...