What Would You Do If You Found A Stash of Gold Bars...but?

[Treasure_Hunter]

SILENCE IS GOLDEN
First buy a furnace and lost wax casting equippment. Now convert it to either jewelry or simulated nuggets. Now travel around the country selling the 'products' in small towns across the country. Man, you jest have to use your head when the big one hits! Frank...
View attachment 960326

Me, I would do the happy dance in my house in private. As far as the world was concerned they would never know.....

I would do just like Frankn suggest.....







American by birth, Patriot by choice.

I would rather die standing on my two feet defending our Constitution than live a lifetime on my knees......

 

Amazon Forum Fav 👍

Upgraded Night Vision Monocular Digital Infrared Monocular Telescope for 100% Darkness with 8X Zoom - Grab it through Amazon!

[Frankn]

View attachment 960377

------------------------------------------------------------ Close, but I am a bit more inconspicuous. I boondock and my rig can stay out in the boonies for 2 weeks easily. Frank...

 

[Unclebuck257]

There is a wrinkle in this scenario.... Here in Texas, they have been drilling into the local shale for natural gas and companies leasing or purchasing mineral rights from homeowners. It was BIG business here for about five years straight.

If anything like this was found on these properties, technically, it would own to the company who holds a lease on the mineral rights.

PatrickD,

Technically your statement is half way incorrect in this regard. In Texas, we legally have two land estates when you buy property. The mineral estate (natural minerals below the ground) and the surface estate (surface of the ground). In the present atmosphere of Oil and Gas drilling in Texas, it has been very hard and very expensive for quite some time to purchase both the mineral rights and surface rights to land when you purchase any land at all. As a result, most people, like myself, who own acerage only own the surface rights and not the mineral rights. In Texas law also, the mineral rights owner has presetance over the land surface owner, meaning that the surface owner cannot keep the mineral rights owner off of his/her property in order to drill beneath the surface on that property for the underground minerals.

Now, if a person were to melt down these gold bars and try to pour that melted gold into a cravice and say that it was a natural gold vein found on the property, there could and would be problems regarding the mineral rights owner's claim to that gold. That necessarily wouldn't be the O&G company that leased the property for O&G drilling either. Most likely, it would be the actual mineral rights owner because they only leased out the O&G rights and not the other mineral rights.

However, if already processed gold, in the form of gold bars or gold coins were found on that land, that is not a natural mineral found below the surface of that land and would therefore be the property of the surface owner of the land it was found on.

Just wanted to clarify that for you, in case you find gold bars on your property!! LMBO!

 

[Frankn]

At $1200 an ounce, that would be over 14,000,000 dollars. I know guys that buy gold, but none of them have that kind of money. Stop and really think about it, that would be a real problem staying under cover and selling that much gold. Coins are one thing, but refined gold doesn't come that way in nature. However with that kind of money, I think a person could purchase the equipment to melt and mix to lower the karat weight in the gold to make it look like it came from a mine. Doing all that on the Q T would be almost mission impossible, then once help is hired, the cats out of the bag. It would be fun to have that problem though, the worse would be taxes, somehow you would have to make it legal so taxes could be paid, otherwise that's where the jail time would come in to the picture. In this day and age you can't spend lots of cash without drawing attention, first thoughts are drug dealers, and the investigation starts. There is an amount of money now, I don't know how much, but banks are required to turn you in if you deposit over a certain amount of cash, 10 or 20 grand, something like that. Don't tell me you have 14,000,000 and you are only going to spend a few thousand a year. That's not realistic. Yup, that amount of refined gold could pose a real problem, and greed could get jail time. Oh yeah, the taxes would be 55% feds, a bunch more to the state, and that keeps going up with the bunch that's in office now. To be very honest, don't know what I'd do, and it aint going to happen anyhow, so I'm going to bed and see if I can dream up an answer.

------------------------------------------------------------------------
I think I could convert the bars to nuggets or jewelry with no problem as I use to manufacture jewelry, mostly enameling, but that requires the use of a high temperature furnace, so I have the experience and could do it in a covert manner. It really is not that hard.

You pose some interesting points. First, I know your spending is going way up. I would cover this in several ways such as selling in small lots as I traveled. All travel expenses would be paid in cash to avoid a paper trail. I would declare a portion of the sale profits and pay tax on that small portion as a 'cover' for spending increases you can not hide like vehicles.
If you really think before you act it can be done. It's like a chess game, you have to think several moves ahead.

Hay, if anyone runs into this 'problem', for a small fee, ( in cash or gold), I will work it out all the details for you.
lol Frank...

 

[Unclebuck257]

frankn,

You know, after reading the replies to this thread, I'm now convinced that there are a bunch of us lying, coniving, SMART SOBs in here!!! Oh, and two weeks in the boondocks in your rig should give us all the time needed for melting down just real fine!!! LMBO!

 

[ivan salis]

re melt into small size amounts, then sell it off in small amounts at different places far away from your area -- do this over time to avoid "coming on the radar". -- big mouth's kill dreams.

 

[PatrickD]

All of us who said to be quite and keep it are probably now on a list.

 

[xrunndonex]

For buying vehicles just find a random guy tell him you'll give him 100k to put this car in his name. There you go not linked to you.

 

[AusTexDude]

I can't believe you people. 47 replies and NOT ONE OF YOU said "Turn it over to Wells Fargo, they are the rightful owners"

Well let me tell you something. If this is the kind of activity that goes on around these boards, well then, I'm staying.

And proud to be a member.

I'm sure I will pick up a few tricks along the way.

 

[xrunndonex]

I can't believe you people. 47 replies and NOT ONE OF YOU said "Turn it over to Wells Fargo, they are the rightful owners"

Well let me tell you something. If this is the kind of activity that goes on around these boards, well then, I'm staying.

And proud to be a member.

I'm sure I will pick up a few tricks along the way.

Lol well wells Fargo has enough damn money a few bars is nothing to them. Also the good old saying finders keepers losers weepers lol

 

[silvermagnet]

Duh sell them on ebay after melting them

 

[Frankn]

For buying vehicles just find a random guy tell him you'll give him 100k to put this car in his name. There you go not linked to you.

yea, what about insurance, getting tags, driving violations( his), maintenance records, recalls, Parking tickets etc,etc,etc, And if you pay cash, there is a form the dealer has to sent to IRS. It ain't easy. Frank...

 

[deodra]

I can't believe you people. 47 replies and NOT ONE OF YOU said "Turn it over to Wells Fargo, they are the rightful owners"

Well let me tell you something. If this is the kind of activity that goes on around these boards, well then, I'm staying.

And proud to be a member.

I'm sure I will pick up a few tricks along the way.

I believe I speak for most of us here (I'm new here, so I may be wrong) when I say we are honest folks, but also believe that whatever you find is yours. Government or big business involvement in anything can only mean one thing-- you're gonna get screwed.

 

[Frankn]

All of us who said to be quite and keep it are probably now on a list.

I am on many lists as are all of you, but there are sooo many on that list it would be harder to find me than that 777 when I hit the road. lol Frank...

 

[Peyton Manning]

Me, I would do the happy dance in my house in private. As far as the world was concerned they would never know.....

I would do just like Frankn suggest.....







American by birth, Patriot by choice.

I would rather die standing on my two feet defending our Constitution than live a lifetime on my knees......

T_H we all know you would only melt it down for bullets!!

 

[AusTexDude]

T_H we all know you would only melt it down for bullets!!

So if a silver bullet will kill a werewolve, what will a gold bullet kill? Jason Vorhees, a Ghost, Dick Cheney?

 

[Peyton Manning]

and another red flag goes up at NSA!!

 

[AusTexDude]

and another red flag goes up at NSA!!

This thread has more red flags than a Chinese Flag Day parade.

Ooops, add another flag, I said the word "has".

 

[Peyton Manning]

yeah but 3 of your words in a post would get attention

 

[releventchair]

I could afford to say I found 10 bars and see how that plays out. Of course they were in jeff gordons yard so if any thing I might only receive a reward from wells fargo.
Then jeff could rent detectors and time to treasure hunters and get rich legally for his trouble.