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Vlad_The_Impaler on scored.co
19 days ago12 points(+0/-0/+12Score on mirror)3 children
White people need to be smarter.
I max out all my credit cards. I buy gold and silver coins. Gold and silver coins go up 10%+ per month.
Whenever i have shortage or large credit balance due, i can flip a coin for profit and pay down credit card balances. Opening more 12 month 0% interest $900 cash back 1.5% cash back on all purchases credit cards. But more gold, watch the fiat jew currency devalue, flip the gold for fiat jew bucks, pay off credit card, pocket arbitrage profit. Rinse repeat.
You can do this with any appreciating asset. Max out credit, buy liquid asset, sell it off piece by piece to service debt and keep profit.
Which ever asset class you choose, you need to become an expert in. Also need to know how to hedge if the market turns. learn options, calls, puts, negatively correlated assets, etc.
If you have a bunch of access to credit and you aren't using it to your advantage then maybe you are missing out. On most days i make more money off my investments than my manual labor. But i keep doing the manual labor anyways because i can't be a desk jockey watching charts all day. Also the manual labor keeps me grounded and gives me enough time to think about the risks and investments i'm embarking in so i don't lose the fruit of all my hard labor.
19 days ago1 point(+0/-0/+1Score on mirror)1 child
Not if you use the coin as collateral and then abandon/ forfeit said collateral. That's literally how billionaires avoid capital gains. They take out "loans" from the bank using their stocks as collateral. When time comes to pay the loan, they tell the bank to keep the stock. Seriously!
Like u/Vlad_The_Impaler said, White people need to be smarter. Quit thinking by the "rules" the jews impose on you. There's ALWAYS an exception, there's ALWAYS a "loophole" that THEY put there for themselves and their billionaire buddies.
>That's literally how billionaires avoid capital gains. They take out "loans" from the bank using their stocks as collateral. When time comes to pay the loan, they tell the bank to keep the stock. Seriously!
IRS has no idea if i bought gold or silver, for what price, when i bought it, if or when i sold it. They are not all knowing. However, if we had CBDC then they would know about every transaction.
Cashing out bitcoin to my bank account, however, would trigger a report to the IRS.
>IRS has no idea if i bought gold or silver, for what price, when i bought it, if or when i sold it.
Assuming you’re only ever paying cash, only ever buying in person, and only ever buying from another individual and not a business, sure. Otherwise they know automatically as a matter of accounting records.
Isn't the Federal Government shut down? The IRS doesn't even take a second look at my bank accounts that never reach over $5000 in balance. I put a couple hundred bucks in then move it to another bank.
I never understood why White people bitch about taxes but self report every fucking cent they make to the IRS while millions of spics are out here living in cash economy, only getting paid in cash, wiring cash internationally, etc without consequence. And doing it through big banks like Bank of America which caters to spics and nons.
I knew a white guy who owned landscaping business. Almost all his employees were spics he was paying in cash off the books. But he reported every fucking cent he made to the IRS out of some stupid fucking honor code or fear of the law coming after him for not reporting every cent, even though he was breaking labor laws by hiring illegal alien invaders as his workforce. He was perfectly comfortable breaking one law but not the other.
What does that have to do with anything? You’re only going to transact during the 0.02% of the time the government is “shut down”? How does that become viable? I put a couple hundred bucks in then move it to another bank.
>The IRS doesn't even take a second look at my bank accounts that never reach over $5000 in balance.
What’s your proof of that? Wouldn’t they get suspicious of how many times you move them?
>I never understood why White people bitch about taxes but self report every fucking cent they make to the IRS while millions of spics are out here living in cash economy, only getting paid in cash, wiring cash internationally, etc without consequence.
Because only whites get punished for it. How is that confusing?
>He was perfectly comfortable breaking one law but not the other.
Because he will only be punished for breaking one of those laws.
When my coin dealer asks me if i need a receipt, i ask "for what? I was never here. *wink* " and they smile and there's an unspoken understanding between us. Maybe he doesn't need to report the profit from the coin he just sold me. Maybe i never bought the coin.
> Assuming you’re only ever paying cash, only ever buying in person ...
Assuming the IRS is combing through every credit card transaction, and that every credit card you have is in your name as apposed to an LLC, etc. Again, quit thinking within the limited "rules" the jews tell you. Actually read the tax code, speak to accountants and lawyers, watch videos on online for asset protection, etc.
There's ALWAYS an exception, there's ALWAYS a "loophole" that THEY put there for themselves!
Do you not know how computers work? All of this is digital and automatic. No one has to “comb” anything. There aren’t filing cabinets full of paper receipts. The system self-reports. Whenever an MCC 5094 comes through, it’s logged just like every other transaction. If one account has a ton of MCC 5094 transactions, that account gets automatically flagged for long-term observation. Any attempt to make *sales* of specie after a long period will then trigger a human review for capital gains tax oversight.
>There's ALWAYS an exception, there's ALWAYS a “loophole"
Yeah, it’s DO NOT USE A CREDIT CARD, DO NOT BUY ONLINE, ONLY BUY IN PERSON, AND ONLY USE CASH.
18 days ago1 point(+0/-0/+1Score on mirror)1 child
Check out c/WSbets and if more people start going there i will post more videos.
For precious metals analysis on youtube check out Bald Guy Money, Vincent Lanci, Maneco64, Arcadia Economics, David Lin, Gary Wagner, Clive Thompson, Market Sniper, Soar Financial, In It To Win It with Steve Barton, KE Report. FX Report, etc
If you need info on credit card offers check out websites like nerdwallet or bestcashcow or slickdeals
I max out all my credit cards. I buy gold and silver coins. Gold and silver coins go up 10%+ per month.
Whenever i have shortage or large credit balance due, i can flip a coin for profit and pay down credit card balances. Opening more 12 month 0% interest $900 cash back 1.5% cash back on all purchases credit cards. But more gold, watch the fiat jew currency devalue, flip the gold for fiat jew bucks, pay off credit card, pocket arbitrage profit. Rinse repeat.
You can do this with any appreciating asset. Max out credit, buy liquid asset, sell it off piece by piece to service debt and keep profit.
Which ever asset class you choose, you need to become an expert in. Also need to know how to hedge if the market turns. learn options, calls, puts, negatively correlated assets, etc.
If you have a bunch of access to credit and you aren't using it to your advantage then maybe you are missing out. On most days i make more money off my investments than my manual labor. But i keep doing the manual labor anyways because i can't be a desk jockey watching charts all day. Also the manual labor keeps me grounded and gives me enough time to think about the risks and investments i'm embarking in so i don't lose the fruit of all my hard labor.
You have to pay capital gains tax on gold and silver. How do you make any meaningful profit?
How does anyone know
Like u/Vlad_The_Impaler said, White people need to be smarter. Quit thinking by the "rules" the jews impose on you. There's ALWAYS an exception, there's ALWAYS a "loophole" that THEY put there for themselves and their billionaire buddies.
So… they make no gains whatsoever?
Cashing out bitcoin to my bank account, however, would trigger a report to the IRS.
Assuming you’re only ever paying cash, only ever buying in person, and only ever buying from another individual and not a business, sure. Otherwise they know automatically as a matter of accounting records.
I never understood why White people bitch about taxes but self report every fucking cent they make to the IRS while millions of spics are out here living in cash economy, only getting paid in cash, wiring cash internationally, etc without consequence. And doing it through big banks like Bank of America which caters to spics and nons.
I knew a white guy who owned landscaping business. Almost all his employees were spics he was paying in cash off the books. But he reported every fucking cent he made to the IRS out of some stupid fucking honor code or fear of the law coming after him for not reporting every cent, even though he was breaking labor laws by hiring illegal alien invaders as his workforce. He was perfectly comfortable breaking one law but not the other.
What does that have to do with anything? You’re only going to transact during the 0.02% of the time the government is “shut down”? How does that become viable? I put a couple hundred bucks in then move it to another bank.
>The IRS doesn't even take a second look at my bank accounts that never reach over $5000 in balance.
What’s your proof of that? Wouldn’t they get suspicious of how many times you move them?
>I never understood why White people bitch about taxes but self report every fucking cent they make to the IRS while millions of spics are out here living in cash economy, only getting paid in cash, wiring cash internationally, etc without consequence.
Because only whites get punished for it. How is that confusing?
>He was perfectly comfortable breaking one law but not the other.
Because he will only be punished for breaking one of those laws.
Assuming the IRS is combing through every credit card transaction, and that every credit card you have is in your name as apposed to an LLC, etc. Again, quit thinking within the limited "rules" the jews tell you. Actually read the tax code, speak to accountants and lawyers, watch videos on online for asset protection, etc.
There's ALWAYS an exception, there's ALWAYS a "loophole" that THEY put there for themselves!
Do you not know how computers work? All of this is digital and automatic. No one has to “comb” anything. There aren’t filing cabinets full of paper receipts. The system self-reports. Whenever an MCC 5094 comes through, it’s logged just like every other transaction. If one account has a ton of MCC 5094 transactions, that account gets automatically flagged for long-term observation. Any attempt to make *sales* of specie after a long period will then trigger a human review for capital gains tax oversight.
>There's ALWAYS an exception, there's ALWAYS a “loophole"
Yeah, it’s DO NOT USE A CREDIT CARD, DO NOT BUY ONLINE, ONLY BUY IN PERSON, AND ONLY USE CASH.
But that only works for the next five years.
For precious metals analysis on youtube check out Bald Guy Money, Vincent Lanci, Maneco64, Arcadia Economics, David Lin, Gary Wagner, Clive Thompson, Market Sniper, Soar Financial, In It To Win It with Steve Barton, KE Report. FX Report, etc
If you need info on credit card offers check out websites like nerdwallet or bestcashcow or slickdeals