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HarryCaraysGhost (99.71)

Who's Gold is it.

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July 22, 2011 – Comments (9) | RELATED TICKERS: GLD

http://www.ronpaulforums.com/showthread.php?302238-US-government-steals-family-s-gold-coins-(Ron-Paul-mentioned)&p=3384364#post3384364

And how stupid is the Gooberment (not a typo) , that they did'nt let the family sell the coins and collect the estate tax. They can't melt it down, and it's not a collectable in their hands. So are'nt the eagles valued at twenty bucks in their control rather then $10 million a piece?

Let this be a warning to any Fools looking to sell any Gold, tread quietly.

9 Comments – Post Your Own

#1) On July 23, 2011 at 1:51 AM, ikkyu2 (99.26) wrote:

Not so much that it's gold; it's stolen property.

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#2) On July 23, 2011 at 9:47 AM, HarryCaraysGhost (99.71) wrote:

Yeah kirk, but it was never proven in court that he stole the coins. No one knows for certain how he got the coins

And even if it was theft would'nt there be a statute of limitations.

now an ethical question if it were you, would you have had the treasurie validate the coins, personally I would have just sold them overseas and then claimed the sale on my taxes the following year.

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#3) On July 23, 2011 at 9:56 AM, 100ozRound (29.39) wrote:

yup - 28% of $8 million (x10) or $1600 (x10) worth of metal sitting in a vault that they'll never sell?  I thought they were pushing for more revenue?

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#4) On July 23, 2011 at 10:06 AM, ChrisGraley (29.83) wrote:

So let me get this straight those coins were stolen at a time when the government was stealing coins and their point is that they are the only ones allowed to do that?

 

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#5) On July 23, 2011 at 11:54 AM, HarryCaraysGhost (99.71) wrote:

Chris, yep I think that sums up their point precisely.

 

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#6) On July 23, 2011 at 4:38 PM, totallyoblivious (30.33) wrote:

Let the family sell the coins, make them pay both the inheretence tax and tax for the sale of coins.  The government gets some much needed revenues, the family gets a huge windfall, the auction house collects their fees and benefits, and some lucky collectors out there get the coins of their dreams.  Everyone wins, I don't see why this is so hard.

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#7) On July 23, 2011 at 6:09 PM, HarryCaraysGhost (99.71) wrote:

totallyoblivious

Yeah that would make sense and is what rational people would do.

The Government is not rational, and quite deranged.

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#8) On July 23, 2011 at 9:15 PM, blesto (31.51) wrote:

Sounds like there's a possibility of this getting to the highest court in the land.

I'd like to see that.

Is there a statute of limitations and what proof is there that they were gained illegally? Besides, the family gained them in "good faith." Doesn't that count for something? 

Could take years. Of course if the family wins their lawyers will win bigger.

If you're a lawyer, would you take this case?

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#9) On July 24, 2011 at 12:21 AM, HarryCaraysGhost (99.71) wrote:

Could take years. Of course if the family wins their lawyers will win bigger.

Yep, the biggest losers in this case are the taxpayers.

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