KITCO Metals Just Got Busted by Quebec Government

They just got busted today for a major tax scheme involving fake accounts, illegal taxing on .999 metals, and fake paper shares. They got caught using fake serial numbers on paper for "real metal in a vault" in the shares. On further investigating the matter, it gets deeper.

Revenue Quebec and police investigators this week conducted searches and seizures at 70 locations, mostly in the Montreal area. One of the targeted sites was the downtown Montreal location of Kitco, a major buyer and seller of gold. A note on the floor of its office on Thursday said that “operational constraints” had forced the service counter to close this week." It is unclear if this alleged tax fraud bust means Kitco could be out of business shortly

Here is the link from Zero Hedge. Also got an email from a mint owner and friend Jason Hummel on the issue.

Kitco Charged With Massive Tax Fraud Scheme, Business Viability In Question | zero hedge

THE BIGGEST THING THAT CAN BE LEARNED HERE IS: GET YOUR METAL IN PHYSICAL. ​

My tips:

Bury your treasure in the boonies in several places. Get a GPS that display longitude, latitude, altitude [to about 1 foot ~ 1 meter precision], and record in several private places --- as a series of phone numbers or in some other non-geographical-location format form --- where your stashes are.

Once you have your goodies stashed securely far, far away... get some fake brass-alloy gold coins (they are available), put them in a tube made for keeping gold coins, and hide them somewhere secure in your home. If determined thieves burgler your home, they'll leave satisfied when they find it (and hopefully get busted at the coin store when they try to pass it as gold). Or if you get in the "I'll shoot you in the head" scenario, just go get it and give it to them.

PS: Only one side of these fake coins says "copy" on it (which might not mean anything to most thieves anyway, if they even bother to read that carefully). So put that side toward the center of the tube from both ends. Alternatively, get a machinest friend (or pay) to mill that marking off your coins. Make sure they don't do too good a job (leave a slight rectangular depression), because you don't want anyone selling them to anyone as real gold. To be sure, any coin store will recognize the milled rectangles for exactly what they are.

 

That was my first thought, too. If another company goes down, that's it.

Did you read and hear about Cedar Falls? The local government passed an ordinance that requires ALL CITIZENS who own rentals, rent-to-own, apartment, and some other properties to GIVE UP THEIR KEYS to their places and put them in a lockbox for the city to have. In case of "emergencies" and "for protection".
[ame=http://www.youtube.com/watch?v=zFCLiij0CBA&feature=share]YouTube - ‪City Government demands all keys to properties belonging to Cedar Falls residents.‬‏[/ame]

S already HTF.