Thieves steal $1 million of silver bullion off truck destined for Melbourne

Discussion in 'General Precious Metals Discussion' started by Acorn, Dec 20, 2021.

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  1. Acorn

    Acorn Well-Known Member

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    Acorn, Dec 20, 2021
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  2. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Given the pics provided that bar and packaging looks like a Sydney based silver refiner's product, with their logo removed to possibly protect refiner identity. I could be wrong but same bar pic from their site.

    Can't see any one touching those size bars for a while for fear of receiving stolen goods.
     
    Oddjob, Dec 20, 2021
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  3. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    easily recognisable bars…unfortunately, no serials..
    inside job… 5KG piece is harder to move…
     
    bubblebobble2, Dec 20, 2021
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  4. Darwin

    Darwin Well-Known Member Silver Stacker

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    Not after they get melted down into smaller bars...
     
    Darwin, Dec 20, 2021
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  5. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Even if they melt them down into smaller bars it will still raise suspicions if someone all of a sudden starts selling nearly 1000 kg
    of anonymous no-name bars.

    I think the heist was pulled off by someone in the precious metals game or someone who has contacts in the refining of precious metals,
    where the bars could be slowly added over time into the melts of legitimate junk silver purchases without arousing suspicion.
     
    hardyakkagold, Dec 20, 2021
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  6. Darwin

    Darwin Well-Known Member Silver Stacker

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    Silver shot may not raise as much suspicion...

    If they're brazen enough to make off with nearly a tonne of metal, I figure they're probably brazen enough to also copy a brand to mark the new bars with.
    Or, and this is much more likely, they already have a source to move them on.

    But I do agree with you wholeheartedly in that it's sure to be somebody with inside knowledge who was involved at least to some extent - it's just too coincidental to be otherwise.
     
    Darwin, Dec 20, 2021
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  7. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    I hope buyer had purchased insurance to this delivery
     
    bubblebobble2, Dec 21, 2021
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  8. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Question: If you were the legit purchaser / seller or just moving your bars around for whatever reason, why with that value of silver would you not use a secure courier service???

    Seems a bit strange to send that value / weight of silver on a general interstate truck. Could be more to this as time goes on.
     
    Oddjob, Dec 21, 2021
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  9. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    ^^^
    I normally used tuk-tuk transportation to move metals… perfect disguise
     
    bubblebobble2, Dec 21, 2021
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  10. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    I've used Gray Nomad's in the past. They move anything, anywhere, no questions asked for the price of a teacake, slab of beer & bot of Bodega. Best of all, they never leave the motorhome unattended.

    [​IMG]
     
    Oddjob, Dec 21, 2021
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    Real $, jultorsk, silverhair and 2 others like this.
  11. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    ^^^
    costs fractional compared to armourguards
     
    bubblebobble2, Dec 21, 2021
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  12. heartastack

    heartastack Well-Known Member Silver Stacker

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    More thrilling than 'my Mum just threw out my USB with $1M of bitcoin on it'
     
    heartastack, Dec 21, 2021
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  13. silverhair

    silverhair Well-Known Member

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    certainly smells like an inside job.
     
    silverhair, Dec 21, 2021
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  14. alor

    alor Well-Known Member Silver Stacker

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    they can make 15 kgs bars
    too
     
    alor, Dec 21, 2021
    #14
  15. 66rounds

    66rounds Well-Known Member Silver Stacker

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    And given it was not being transported by armoured car, it smells like an insurance fraud job to me too.

    That begs the question whether you could insure anything like that without using armoured car service
     
    66rounds, Dec 21, 2021
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  16. Darwin

    Darwin Well-Known Member Silver Stacker

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    I'm wondering if it was in just your average truck in an effort to not attract attention...
    An attempt at being inconspicuous.
    Clearly it didn't work o_O
     
    Darwin, Dec 21, 2021
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  17. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Fair question and flying under the radar has it merits, however I can't see a large Australian refiner ringing up their insurer to add a shipment of metals to a policy and when asked who is transporting the metals.."Oh a nondescript semi owned by Fred the truckie looking for a backload to Melbourne"...........Insurer says NO.
     
    Oddjob, Dec 21, 2021
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  18. Darwin

    Darwin Well-Known Member Silver Stacker

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    It's possible it was a self driven delivery, but that points squarely at it being an inside job (without any possibility of it being anything else).
    960kg is a little too large a shipment to move without insurance, I'm at a loss even thinking of a way it could've been decided that transporting it without armed escort was at all a good idea...
     
    Darwin, Dec 21, 2021
    #18
  19. heartastack

    heartastack Well-Known Member Silver Stacker

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    I've seen heroes at wallstreetsilver taking photos of 20+ monster boxes on the back of a ute
     
    heartastack, Dec 22, 2021
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  20. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    True, but if the USA, I suspect those Wallstreetsilver apes would have been carrying bang bangs.
     
    Oddjob, Dec 22, 2021
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