phys gold for Russian oligarch anonymity - [MONEY] [PEACE]

[Zenaan Harkness]

Besides the "scandalous" banks bypassing the "official" USA sanctions
(and associated "unexplained" bank CEO "suicides"), and "OMG, how
dare people even consider anonymous transactions", the truth is that
suppressing gold and silver coin is the Fed's arbitrary and
capricious statute "law" hand at play, and nothing but...

[links in original]

  Bank Behind World's Largest Money Laundering Scandal Offered
  Russians Gold Bars To Hide Their Fortune
  https://www.zerohedge.com/markets/bank-responsible-worlds-largest-money-laundering-scandal-offered-russians-gold-bars-hide

    When we last looked at Danske Bank, the Danish lender was at the
    center of what has been dubbed the world's largest, $220 billion
    money-laundering scandal that allegedly involved Russians
    transferring funds offshore in violation of European regulations
    (it also involved the chronically criminal Deutsche Bank). Then,
    two months ago, the scandal took a lethal turn when the CEO of
    the bank's Estonia branch was found dead in a still-unexplained
    suicide. Now, we learn of yet another bizarre twist in what some
    have dubbed the biggest dirty money scandal of all time: the
    Danish lender was offering gold bars to wealthy clients to help
    them keep their fortunes hidden.

    According to Bloomberg, the bank’s Estonian branch - whose CEO
    committed suicide - which was already wiring billions of client
    dollars to offshore accounts, told a select group of mostly
    Russian customers some time around 2012, that they could now also
    convert their money into gold bars and coins.

    So for those asking the benefits of holding money in physical
    gold instead of fiat (or crypto), here is the answer: aside from
    offering a hedge against risk, Danske presented gold as a way for
    clients to achieve “anonymity,” according to the documents. More
    importantly, the bank said that using gold ensured "portability"
    of assets, according to an internal presentation dated June 2012.

    As one would expect, the gold/money-laundering service did not
    come cheap: Danske charged a fee of 0.5% on larger orders, while
    smaller orders had a commission of as much as 4%.
    ...