Biggest pump and dump boiler room scamster of tham all

23 comments on “Biggest pump and dump boiler room scamster of tham all
  1. MirrorMirror says:

    Wow … never heard of this film , and it’s been out since 2000 !

    http://en.wikipedia.org/wiki/Boiler_Room_(film)

    Obviously has been “drowned out” by the PTB.

  2. Wolferl says:

    absolutly of topic

    Is it true you pay 28 % “collectible tax” for the gains of gold and silver coins/bars in the US? Nasty!

  3. wtf says:

    I actually saw the trading floor of a s. florida boiler room. You have to be a stone cold closer to work in one of these places.

  4. Nak says:

    @Wolferl

    Yes. Gold and Silver are consider a collectable and subject to 28% tax.

  5. Wolferl says:

    @ Nak

    Haha, now i know why Max wants to get rid of his US passport. ;-)

  6. Nak says:

    What is the tax on PM in the EU?

  7. Wolferl says:

    In Germany zero tax if you hold it more than 12 month.

    But you have to pay VAT for silver if you buy it from a dealer. Gold is VAT free.

  8. MirrorMirror says:

    @Woferl …”In Germany zero tax if you hold it more than 12 month.”

    I think you’ll find that the rules have been changed !

    25% Tax across the board now … irrespective of the 6 or 12 month holding rule !

    BTW .. am still waiting from my tax adviser to know whether gold bullion is included as “investment” .. which I think it is.
    I found it strange that he didn’t know this “off the cuff” .. just shows how few people have sold physical Gold recently .. not that I intend to just yet BTW .

  9. MirrorMirror says:

    @Wolferl …”Besteuerung von “Gold” und Goldanlagen”

    http://www.finanztip.de/recht/bank/gold-steuertipps.htm

    The article has no date … but looks hopeful !

  10. Nak says:

    I asked this question before on exporting PM to the EU, and I have trouble finding any info on the net.
    I know I need to declare anything over $10,000 in value to US Customs at departure. Would I be subject to a departure tax and then another tax entering an EU country of choice?

  11. Tom KG says:

    Ben has to keep his masters happy and rich. It’s OK cuz when the wheels come off the richer they are the easier it will be to know who to hang. Ben goes first.

  12. Wolferl says:

    @ Nak

    I have no clue about US tax or customs laws, sorry.

    Being a traveller you may import goods up to 430 € to the EU taxfree if you travel via airplane. If you are sending PMs via postal service you have to pay VAT on silver.

    And you have to declare the possesion of more than 10.000 € in legal tender when you enter the EU. Note: An american eagle gold coin is legal tender with a face value of 50 US $. ;-)

  13. Zorro / London says:

    Magx thank God you came over from the dark side to become a Jeddi

    Wouldn’t a more appropriate title have been “The Gas Chamber”

    Yeh Guys, you get yer Ferrari, impress and get to lay the skirt in the typing pool….and you get to con people out of their life-savings in a cool Valentino suit.

    Wow the American dream…..soon to become a nightmare

    How the mighty have fallen…Vin Diesel….from an intergallactioc crook to a stock broker.

    Hmmmm….could it be type casting?

  14. Nak says:

    @Wolferi

    I was thinking the same thing, by carrying 100 US Eagles it comes to only $5000. I just don’t want to gamble and have them confiscate my gold because I did not file a finCen 105 form.

  15. Wolferl says:

    @ Nak

    If you bring along 100 gold eagles it´s not ilegal and they have no right to confiscate the gold. But anyway, expect to be asked some questions if they find it in your luggage. You know, war on terror, war on drugs, etc. .

  16. Wolferl says:

    @ Mirror

    German IRS still gets no tax for gains on pysical gold and silver. And i´m writing about this topic in English only because i dont want some German politican to read this. ;-)

  17. MirrorMirror says:

    @Wolferl …”still gets no tax for gains on physical gold and silver. ”

    Good to hear

    … & I presume because the top politicians themselves have most of the Gold !
    ;-)

  18. Zorro / London says:

    Sorry Max, thinking about ditching the crash JPM thing.

    Had a moment of clarity, (A David Ike moment!)

    And realised how to preserve my wealth and get in on the “FOOD STAMPS” thing.

    42 million yanks cant be wrong.

    And its not even taken off yet, so no where near a bubble!

    Its the next universal currency, dont you know!

    Lighter than Silver too.

    What do those guys at Davos know anyway.

    Stupid Chinese an Russians wasting their time buying 100s of tonnes of Gold like its the end of the world, and they cant see what’s staring them in the face….the global Food Stamp revolution.

    It was great, but time to move on. Good luck with that silver stuff

  19. Michael says:

    I loved that movie !

  20. getenlightened says:

    Is a pretty good movie

    People. Ok second time I’ve mentioned this today. I’ll be short. Hope you don’t mind, stacy and Max. BEWARE of NIA and FutureMoneyTrends.com. Look up NIA Scam on YouTube. You’ll eventually find out about Lebed and his past. He is at the top of these false front organizations. They use compelling videos and fear to get people sucked in and then they pimp penny stocks. Pump n dump scam basically. Just educate yourself so you don’t get screwed. Buy physical. Crash da banks.

  21. Nak says:

    Wolferl thanks for the info.
    I found a site that shed a little more light on the subject.
    All About Transporting Gold http://bauman.sovereignsociety.com/2010/10/01/all-about-transporting-gold/

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