CHAT Gold and silver eagles get redesign of reverse side

[Sicario]

Your post 33 is incorrect. Or rather, it’s a “wink and a nod” transaction. If a sharp IRS agent spotted that, you’d be in the soup.

Yep. It's been tried a number of times and failed between an employer and an employee as "wages."

 

[West]

Your post 33 is incorrect. Or rather, it’s a “wink and a nod” transaction. If a sharp IRS agent spotted that, you’d be in the soup.

ETA: while technically the transaction would be legal, you and I both know how the IRS likes to dick with people. And suppose you had a thousand of them stored away. Do you think for an instant that they'd not dispatch a “search team” to find your stash? If I were going to do a transaction like that, it would have to be completely “black.”

Hell yes,

That's why I would never!

Psss, hey buddy I'll work for silver, only $3 real dollars a hour.

 

[EMICT]

Geethus how this thread has deteriorated from the OP, but hey it’s TB2K.

 

[Dennis Olson]

Geethus how this thread has deteriorated from the OP, but hey it’s TB2K.

INTJs do that. It’s part of their psyche. They can’t just discuss one thing. Sometimes it bugs the hell out of me, but you might just as well tell us to stop breathing. And non-INTJs will never understand it.

 

[West]

Yep. It's been tried a number of times and failed between an employer and an employee as "wages."

It can't work mostly because of government mandated safety nets and insurances. And if the government catches on.

Even if its just family. A associate of mine trained his son in the electrical trades. His son was doing really good and learned alot. In exchange for his sons labor he gave him a rent house to live in rent free, plus paid the majority of bills, water, electricity, insurance, taxes etc...and only paid a few hundred in cash a week when busy.

The plan was to get the business built up with sons help and in a few years, put the boy on minimum wage, just so he cold qualify to get the 4 years experience needed to be a contractor.

So after 3 short years they was ready to start a payroll and the boy was living up to the expectations. But it got slow for just one month (happens in construction) and the kid got pissed off because the cash got thin. So he sold some wire and started doing drugs.

Next thing my electrician had was huge fines for working his son under the table. The son filed for unemployment.

Similar things can easily happen with paying someone in real coin, times get slow and bam! Piper needs to be paid.

Bunch of BS!

My electrician had to sell his rent house to pay the fines.

 

[Dozdoats]

Do some research in history - an ounce of gold and even silver might concentrate more value than you will want to deal with in a given transaction.

I sold off the last of my ounce unit bullion gold in 2011 for that reason.

 

[West]

Do some research in history - an ounce of gold and even silver might concentrate more value than you will want to deal with in a given transaction.

I sold off the last of my ounce unit bullion gold in 2011 for that reason.

Me too, beside what the ex stoled.