Money laundering joke
Posted: Fri Sep 09, 2011 3:59 pm
I recently bought some silver rounds after 4 years out of the business (well, after selling the silver I bought at 5$ for the double). 4-5 years ago it was plain easy: you go to Kitco, you bring cash, you give them your fiat paper and they give you the good.
Now, they have to file some paper with your name on it, your address, what you bought, etc.
Maybe I'm a parano, but I don't like people to know that I buy PM.
I may be parano, but I can't stop from imagining a black market of those sheets selling to burglars who then would know which home to hit.
And I'm not even talking about the government...
When I asked the teller why this change, he told me that was to fight money laundering. What a good laugh I had.
Now, they have to file some paper with your name on it, your address, what you bought, etc.
Maybe I'm a parano, but I don't like people to know that I buy PM.
I may be parano, but I can't stop from imagining a black market of those sheets selling to burglars who then would know which home to hit.
And I'm not even talking about the government...
When I asked the teller why this change, he told me that was to fight money laundering. What a good laugh I had.