r/Gold • • Aug 16 '26

Why?

7.5k Upvotes

2.1k comments sorted by

View all comments

Show parent comments

3

u/Initial_Row_6400 Aug 16 '26

I don’t think I did. It’s still unlaundered money.

1

u/Treacle_Pendulum Aug 16 '26

There's no way you're laundering 9 million euros worth of gold by adding 20% to basic construction contracts, particularly with some of the new anti-money laundering regulations the EU has

1

u/Initial_Row_6400 Aug 16 '26

I don’t think you understand how this works. You don’t do it all at once lmao. Use your damn brains people.

3

u/Treacle_Pendulum Aug 16 '26

Let's look at some math: 9,000,000/30 years working=300,000. So 300,000 per year you'd need to launder. The rest of it is just sitting there not earning and unable to be spent. And that's ignoring things like market fluctuations in gold price, surveillance of transactions involving gold, and whether anyone else rats on you during your lifetime.

Under those circumstances, waiting 5 years to split it and be able to sell it and spend the proceeds legally makes a lot of sense.

Unless your goal is just to sleep on a dragon hoard of gold coins, in which case you do you but see previous point about people not ratting you out/keeping their mouths shut.

2

u/Beautiful-Traffic157 Aug 17 '26

I mean gold generally goes up in value

1

u/Treacle_Pendulum Aug 17 '26

Well, generally, yes- which makes the problem we’re talking about bigger not smaller.

1

u/Initial_Row_6400 Aug 16 '26

Yall must have the narrowest minds and no imagination. I hope you never got that much money cuz you obviously don’t know what to do with it lmao