^ THIS. Various increments, on various days. Pull 1k on a Tuesday, next week $500 on a Thursday, etc. No patters nor large increments. But definitely have cash on hand. U.S. banks are FDIC, the F standing for federul (intentional mis-spelling) and they're going after everything including Fda, Faa, etc. They got their hands on everything. So dont trust the F
I don't hoard precious metals. If TSHTF I won't be able to eat it and I'm in such a remote spot that I won't be able to exchange it for anything.
I collect food that will keep and items such as tools that I can use for barter or to do work as barter.
The only metal I collect is sheets of aluminum, copper and steel. Also tubular steel. Also electrical wire and fittings. Also plumbing stuff. If TSHTF this type of stuff will be unobtainable.
I also have a small solar electricity system. It's not big enough to supply everything but maybe one or two pieces of equipment at a time. I'm planning to upgrade it.
The things that are most valuable in SHTF scenarios:
guns and ammo.
food, especially non-perishable.
antibiotics, both for wounds and diseases (people will be getting bugs that we forgot people could get)
sanitation chemicals like bleach (to prevent getting bugs)
Everything else can be salvaged as needed. IE, the average home has tons of wiring, nails, boards, etc... But those four items will be in high demand and are not stockpiled in the average home.
Note that your survival depends on how quickly you can form a gang. You cannot stay on vigilant guard 24/7, so you need people you can trust to watch your back.
If you can afford it, keep at least $1000 in $20 bills in a safe place. Take out $200-300 every couple of weeks and stash it until you think you have enough. Then start stacking precious metals.
I have only ordered online but I wish I knew a local shop where I could pay cash anonymously and get a good deal. Most online places are free shipping for $200+ orders, not like 1/10 oz gold or 7 oz silver. The premium over melt value will always be higher for silver than gold but Isilver ounces are a much more practical form of money
It's not about selling it. I don't think you would do well exchanging in either direction. The point is to have non fiat money and non-stocks investments for barter, store of value, tax free exchanges, and maybe beat inflation. . I would only invest in precious metals with money you can afford to lose since there's no guarantee of it's SHTF value or that it won't be stolen.
Exactly! I can just imagine a whole platoon of assayers. (Sp?) Similarly, the question of bitcoin type savings. If we get hit by a BMP or suffer a infrastructure failure, how do you expect to exchange either of these forms of currency?
I've taken $10k out twice in the last few months. The first time the teller asked me what I was going to do with it (I said "I'm just moving money around") and the second time they didn't ask and I didn't offer. $10k is the most I'm comfortable taking out at a time.
They have no fucking business asking what you are going to do with YOUR money that you have lent to them. You should say and ask, “the fair and legitimate question is, what have you been doing with MY money?”
When I'd do anything over 3k I'd get an email from audit wanting any extra info I could provide. What were they doing with the money if it was a withdrawal and where did the money come from if it was a deposit. I'm attractive and charming so I could get the info out of men by flirting and just acting interested in them. They thought I was making conversation and maybe even hitting on them. If another teller felt uncomfortable asking they'd come to me to charm the info out of them. They praised me for being slick. After my awakening I stopped doing it. I'd lie and say they sold a car or was purchasing a boat. They would try to scare us and tell us if we advised people on how to avoid the reporting then we could be fined and even go to prison. Needless to say I'm no longer in banking. It's a shame bc I was damn good at my job but it got to the point I felt physically ill pulling into the parking lot. I couldn't be apart of the machine any longer.
I had $50k but over the last two years we have had to live on that due to a medical and household emergencies. Like installing a wood burner and installing a new septic system.
Anything over $10k has to be reported. It’s up to the teller to file a CTR (currency transaction report) and they are required by law to do that. I used to be a teller and I hated doing those but I couldn’t hand the cash over until the CTR was done. That’s for any cash transaction over $10k, deposit or withdrawal. We were also trained to ask questions if we felt like something suspicious was going on and we could file a suspicious activity report if anything seemed fishy like a drug dealer or something. Don’t get mad at the teller, that’s just what their told to do to keep their job. Get mad at the system.
Since I just built a $65k structure on my property, I guess I'll be reported to the 87000 agents. They better hold off though. About to drop another $15k in electrical work. And yet another $15k finishing the driveway. Making sure I give them plenty of reason to come get free lead!
That’s right, it is part of the Patriot Act. Worked for a bank for many years. Every single cash transaction (deposit or withdrawal) over $10k gets a Currency Transaction Report. Cash being the operative word. Wires or checks don’t fall under that rule.
Every cash transaction over $10k gets reported, suspicious or not. It’s called a Currency Transaction Report and the bank could get fined or have legal penalties if they don’t file for every cash transaction over that amount.
They may file but the powers that be don't investigate unless it's suspicious. I've done MANY transactions over 10K and never had a knock on my door. And banks never questioned me about the transactions.
Sorry, just reread your comment and you are correct that even though a CTR is filed, it’s basically meaningless if you’re not doing anything fishy like financing terrorists. I had many regular customers that dealt in cash for various reasons and I never bothered them about it, there was nothing concerning about how they would operate so I’d just do the paperwork and not bug them with questions so we could all move on with our day.
Were they cash transactions? If they were and it’s a bank where you have an account, the teller likely did the CTR without even telling you since they already have all of your information for your bank account. If they were not cash transactions, a CTR was not required. It’s the bank that gets fines for not filing a CTR when required, not you as a customer. So if they didn’t do one when they should have, you wouldn’t be made aware of that.
Many times it was cash transactions. I always knew they were filing but never worried about it. Recently pulled a lot of cash and they bitched because they didn't have that much cash on hand so I had to go back for more. And they probably reported it but I didn't care, it was my money........
Yeah the cash on hand surprises a lot of people. The max we could have at my old branch was $400k and that included the atm, we were the biggest branch in the area so everyone else had less. We had one guy who would withdraw $50k at a time to go to Vegas. We asked him to give us a heads up so we could order extra from the main vault in advance. They do that to lower their losses in the event of a robbery.
The bank i worked at filed an internal report for any cash transaction over 3k and reported any cash transaction over 10k to the feds. But they get an annual audit and I'm confident the 3k transactions got reported in those as well. Even if you do it in different transactions, if they all occur on the same day it is tracked and gets reported as a total amount for that day. They'll ask you for you social (if you don't bank there and are cashing a check drawn on them) but if you bank there they already have it and your DL #, DOB, Occupation, address and what the money is for...the teller cannot bypass it. Either give them the info or they have to cancel the transaction all together. Every transaction gets an OFAC check (patriot act bs). If you have a bank account the teller can see everything about you. Be nice to your teller they could ruin your life easily. I quit my banking career bc I didn't want to be standing in a bank when the s hit the fan. I knew I'd be a sitting duck. It's a "gun free" zone but you bet your ass I had a gun on me every day I was there and so did my branch manager. No way in hell I was going to be in charge of that amount of money with no gun.
It's none of their business if you're withdrawing YOUR money. If you don't wanna raise red flags, do random amounts on random days like some other anons suggested, but report a withdrawal to the IRS? No way, fuck that and fuck them.
if it's legally your money you can withdraw as much as you want. I've taken out $100k cash at a time. bank can report if it's suspicious but again if it's your hard earned money that you've already paid taxes on there's nothing to worry about. frankly, taking out a bunch of money by withdrawing 500 or 1000 a day for a stretch is suspicious, although again, if it's legally yours there's nothing they can do.
plan to do something with the money though....buy valuables (e.g., physical gold or silver, farm equipment, land, cattle, etc)
Definitely consider valuables for trade or future currency (precious metals). If the fiat continues to lose value and utterly crashes, what good will it do having a pile of it in your safe?
Don't buy gold, silver, or platinum where they store it for you. Investigate Placer Gold and nuggets. Where I buy, I pay a bit under spot. Also no CC Markup. Placer gold is typically 20K-23K, nuggets fetch premium depending on size.
If you go with Gold bars and coins you will pay over spot. 1 Gram any condition, any mint JM Bullshit currently @ 84.92 ACH,Check, Wire to 87.94 CC/Paypal. A Troy Oz is 31.1 Grams so 2618 Per Oz to 2726 per oz. THAT'S crazy markup, buy 1 Oz.
I would withdraw in random sized batches on random spread out days
^ THIS. Various increments, on various days. Pull 1k on a Tuesday, next week $500 on a Thursday, etc. No patters nor large increments. But definitely have cash on hand. U.S. banks are FDIC, the F standing for federul (intentional mis-spelling) and they're going after everything including Fda, Faa, etc. They got their hands on everything. So dont trust the F
I don't hoard precious metals. If TSHTF I won't be able to eat it and I'm in such a remote spot that I won't be able to exchange it for anything.
I collect food that will keep and items such as tools that I can use for barter or to do work as barter.
The only metal I collect is sheets of aluminum, copper and steel. Also tubular steel. Also electrical wire and fittings. Also plumbing stuff. If TSHTF this type of stuff will be unobtainable.
I also have a small solar electricity system. It's not big enough to supply everything but maybe one or two pieces of equipment at a time. I'm planning to upgrade it.
The things that are most valuable in SHTF scenarios:
Everything else can be salvaged as needed. IE, the average home has tons of wiring, nails, boards, etc... But those four items will be in high demand and are not stockpiled in the average home.
Note that your survival depends on how quickly you can form a gang. You cannot stay on vigilant guard 24/7, so you need people you can trust to watch your back.
If you can afford it, keep at least $1000 in $20 bills in a safe place. Take out $200-300 every couple of weeks and stash it until you think you have enough. Then start stacking precious metals.
I have only ordered online but I wish I knew a local shop where I could pay cash anonymously and get a good deal. Most online places are free shipping for $200+ orders, not like 1/10 oz gold or 7 oz silver. The premium over melt value will always be higher for silver than gold but Isilver ounces are a much more practical form of money
I prefer smaller notes.
I plan on opening a bank.
Can you get metals a little over spot? Then who do you sell it to when you want to get fiat?
It's not about selling it. I don't think you would do well exchanging in either direction. The point is to have non fiat money and non-stocks investments for barter, store of value, tax free exchanges, and maybe beat inflation. . I would only invest in precious metals with money you can afford to lose since there's no guarantee of it's SHTF value or that it won't be stolen.
Well, you can't buy groceries with precious metals.
Exactly! I can just imagine a whole platoon of assayers. (Sp?) Similarly, the question of bitcoin type savings. If we get hit by a BMP or suffer a infrastructure failure, how do you expect to exchange either of these forms of currency?
Not at a grocery store anyway
I've taken $10k out twice in the last few months. The first time the teller asked me what I was going to do with it (I said "I'm just moving money around") and the second time they didn't ask and I didn't offer. $10k is the most I'm comfortable taking out at a time.
They have no fucking business asking what you are going to do with YOUR money that you have lent to them. You should say and ask, “the fair and legitimate question is, what have you been doing with MY money?”
YES!!! Why the F are they asking what YOU'RE doing with YOUR money??!
I'd counter that question, "Are you VAXXX'd?" or "Do you have any STDs?"
Nunna-ya-bizniss
Agreed. Which is why I shined him on.
When I'd do anything over 3k I'd get an email from audit wanting any extra info I could provide. What were they doing with the money if it was a withdrawal and where did the money come from if it was a deposit. I'm attractive and charming so I could get the info out of men by flirting and just acting interested in them. They thought I was making conversation and maybe even hitting on them. If another teller felt uncomfortable asking they'd come to me to charm the info out of them. They praised me for being slick. After my awakening I stopped doing it. I'd lie and say they sold a car or was purchasing a boat. They would try to scare us and tell us if we advised people on how to avoid the reporting then we could be fined and even go to prison. Needless to say I'm no longer in banking. It's a shame bc I was damn good at my job but it got to the point I felt physically ill pulling into the parking lot. I couldn't be apart of the machine any longer.
You mean apart from the machine or a part of the machine?
$10K probably means $9900 or so, rounded up.
Could be. They didn't ask me to fill anything out, so I felt comfortable with the amount. Little by little, I've built up a bit of a stash in my safe.
I had $50k but over the last two years we have had to live on that due to a medical and household emergencies. Like installing a wood burner and installing a new septic system.
Anything over $10k has to be reported. It’s up to the teller to file a CTR (currency transaction report) and they are required by law to do that. I used to be a teller and I hated doing those but I couldn’t hand the cash over until the CTR was done. That’s for any cash transaction over $10k, deposit or withdrawal. We were also trained to ask questions if we felt like something suspicious was going on and we could file a suspicious activity report if anything seemed fishy like a drug dealer or something. Don’t get mad at the teller, that’s just what their told to do to keep their job. Get mad at the system.
I think anything over 10K.
Since I just built a $65k structure on my property, I guess I'll be reported to the 87000 agents. They better hold off though. About to drop another $15k in electrical work. And yet another $15k finishing the driveway. Making sure I give them plenty of reason to come get free lead!
if you work from home in any capacity, thats a write-off
You don't have to report the bank does that for you. Anything over 10K gets reported.
No it really doesn't get reported. That is only on suspicious deposits of 10K and over
Or wire transfers. Not withdrawals, usually
False. They look at withdrawals as well. Even the person who worked at a bank who commented here said it. Part of the patriot act or some shit
That’s right, it is part of the Patriot Act. Worked for a bank for many years. Every single cash transaction (deposit or withdrawal) over $10k gets a Currency Transaction Report. Cash being the operative word. Wires or checks don’t fall under that rule.
Every cash transaction over $10k gets reported, suspicious or not. It’s called a Currency Transaction Report and the bank could get fined or have legal penalties if they don’t file for every cash transaction over that amount.
They may file but the powers that be don't investigate unless it's suspicious. I've done MANY transactions over 10K and never had a knock on my door. And banks never questioned me about the transactions.
Sorry, just reread your comment and you are correct that even though a CTR is filed, it’s basically meaningless if you’re not doing anything fishy like financing terrorists. I had many regular customers that dealt in cash for various reasons and I never bothered them about it, there was nothing concerning about how they would operate so I’d just do the paperwork and not bug them with questions so we could all move on with our day.
Were they cash transactions? If they were and it’s a bank where you have an account, the teller likely did the CTR without even telling you since they already have all of your information for your bank account. If they were not cash transactions, a CTR was not required. It’s the bank that gets fines for not filing a CTR when required, not you as a customer. So if they didn’t do one when they should have, you wouldn’t be made aware of that.
Many times it was cash transactions. I always knew they were filing but never worried about it. Recently pulled a lot of cash and they bitched because they didn't have that much cash on hand so I had to go back for more. And they probably reported it but I didn't care, it was my money........
Yeah the cash on hand surprises a lot of people. The max we could have at my old branch was $400k and that included the atm, we were the biggest branch in the area so everyone else had less. We had one guy who would withdraw $50k at a time to go to Vegas. We asked him to give us a heads up so we could order extra from the main vault in advance. They do that to lower their losses in the event of a robbery.
I don’t keep money at home. I’m putting it in a bank safety deposit box.
Buy silver.
The bank i worked at filed an internal report for any cash transaction over 3k and reported any cash transaction over 10k to the feds. But they get an annual audit and I'm confident the 3k transactions got reported in those as well. Even if you do it in different transactions, if they all occur on the same day it is tracked and gets reported as a total amount for that day. They'll ask you for you social (if you don't bank there and are cashing a check drawn on them) but if you bank there they already have it and your DL #, DOB, Occupation, address and what the money is for...the teller cannot bypass it. Either give them the info or they have to cancel the transaction all together. Every transaction gets an OFAC check (patriot act bs). If you have a bank account the teller can see everything about you. Be nice to your teller they could ruin your life easily. I quit my banking career bc I didn't want to be standing in a bank when the s hit the fan. I knew I'd be a sitting duck. It's a "gun free" zone but you bet your ass I had a gun on me every day I was there and so did my branch manager. No way in hell I was going to be in charge of that amount of money with no gun.
It's none of their business if you're withdrawing YOUR money. If you don't wanna raise red flags, do random amounts on random days like some other anons suggested, but report a withdrawal to the IRS? No way, fuck that and fuck them.
Stay safe frens
if it's legally your money you can withdraw as much as you want. I've taken out $100k cash at a time. bank can report if it's suspicious but again if it's your hard earned money that you've already paid taxes on there's nothing to worry about. frankly, taking out a bunch of money by withdrawing 500 or 1000 a day for a stretch is suspicious, although again, if it's legally yours there's nothing they can do.
plan to do something with the money though....buy valuables (e.g., physical gold or silver, farm equipment, land, cattle, etc)
Definitely consider valuables for trade or future currency (precious metals). If the fiat continues to lose value and utterly crashes, what good will it do having a pile of it in your safe?
Would credit unions be more safe or nah?
I feel more safe being away from Well Fargo. And CU is backed by NCAU - National Credit Union Association and not FDIC.
Same here, our credit union is NCAU backed. They've been very reliable so far.
Key words...so far. Your money isn't growing in a bank or credit union so take it out, why take the chance?
Credit unions have better interest rates than big banks. Also you can buy CDs. But who knows what you can trust now days.
My money is growing fine, thanks.
I'm-3.76 in my account. I'm must be doing good! 🤣🤣🤣
Order coins too. At a minimum, I can enjoy viewing possible collectibles. Pennies and nickels can be worth a few times their stamped values.
Don't buy gold, silver, or platinum where they store it for you. Investigate Placer Gold and nuggets. Where I buy, I pay a bit under spot. Also no CC Markup. Placer gold is typically 20K-23K, nuggets fetch premium depending on size.
If you go with Gold bars and coins you will pay over spot. 1 Gram any condition, any mint JM Bullshit currently @ 84.92 ACH,Check, Wire to 87.94 CC/Paypal. A Troy Oz is 31.1 Grams so 2618 Per Oz to 2726 per oz. THAT'S crazy markup, buy 1 Oz.
I would dare them to offer a MERE SUGGESTION on how much and when I can pull my money out.
Fuck the IRS! Don’t file and don’t pay!
Lol do you not pay your taxes?
What do you think?
Wow badass even admitting it on the internet!!
The IRS is fake and gay. Like everything else about our government.
9,999per week, anything more is reported to the IRS. I don't know about credit unions, but banks for sure.
or a carton of eggs
I would be to chicken to try and withdraw that much in one sitting.
Ha! I see what you did there ;)
That would be a carton of Nest Eggs.
Funny guy right here
Or planning to play a lot of lotto tickets.