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/biz/ - Business & Finance

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55866679 No.55866679 [Reply] [Original]

>Buy gold bars
>Bury in Desert
>Incur lots of debt
>File bankruptcy
>dig up gold bars

Why is this not a more common financial decision? Is it legal/smart/foolproof financial decision?

>> No.55866692 [DELETED] 

>>55866679
gold ID of peace and prosperity

>> No.55866698
File: 366 KB, 2048x1365, metaldetector-2048px-0258.jpg [View same] [iqdb] [saucenao] [google]
55866698

>>55866679
*blocks your path*

>> No.55866711

>>55866679
>go to sell gold
>buyers all want to keep a record of the buy and report it on their taxes
>oh look anon had all this gold

>> No.55866714

>>55866679
>Gold ID
>(y)ou(C)an(m)ake(1)t ROWDY
>Rowdy like cowboys in the desert

>Plan is verified

>> No.55866725

>>55866698
i mean besides this bullshit bury it somewhere good

>>55866711
you can work around this "selling gold"

Seems like a legit plan desu

>> No.55866727

>>55866711
>reporting gold on your taxes

>> No.55866779
File: 71 KB, 900x506, IRWIN R SCHYSTER THE TAX MAN.jpg [View same] [iqdb] [saucenao] [google]
55866779

>>55866725
>>55866727
>not reporting gold on your taxes

high risk, low reward

>> No.55866813

>>55866779
lets say you owe 300k in medical debts or something, the reward to bankrupt on that is not low

>> No.55866823

>>55866779
What risk? How new are you?

>> No.55866848

>>55866823
never mind it looks like i'm talking to a retard