$20,000 gold stolen/break and enter - Sydney

AngloSaxon

AngloSaxon

Active Member
I was at court today for work. I was sitting in the waiting area while I waited for clients' matter, near the criminal court matters lounge. Two groups of Police were sitting close by.

Wasn't trying to overhear but they were comparing situations between their two command areas. The topic of break and enters came up and one Constable spoke about someone in his area having the safe in his garage being broken into. The person lost $20,000 gold bullion. It wasn't a rich area (I won't name it) but they all then went on to compare "out of control kids" in many areas and local areas of housing commission.

The gold talk piqued my interest and I asked what sort of gold. He didn't know, he wasn't the investigator. But he did say that he didn't know it was legal to store/own gold yourself. He thought banks should be made to hold it and wasn't even aware you can freely buy gold. He'd never heard of precious metal dealers. Well we can't all be stackers and in the know can we! I ended my question/conversation there.

But I feel sorry for whoever it was that lost their gold. I wonder if it was a Bunnings keypad safe!

Not a lot to say, didn't find an existing Topic that suited this so thought I'd start another one.
 
Some supposed "robberies" are in fact insurance jobs so many insurance companies now exclude PM's from insurance policies although you can usually insure a coin collection as a specific item in your policy.
 
bron suchecki said:
Police not aware you can freely buy PMs and hold them - we are in a bubble NOT.
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My thoughts exactly. On the other hand, if government wants to meddle with your private gold, there will be no resistance from police (either silent or open) to carry such orders.
 
Still waiting to hear a decent reason as to why there's any basis whatsoever for gold confiscation in this era of global fiat.

If they wanted to confiscate wealth created by precious metals ownership, they would tax it. Oh wait, CGT - there's already one.

Seizing every ounce of privately held gold in Australia would achieve what?

There's SO much more low-hanging fruit for fluffing government coffers before you need to stick your hands into that thorn bush.

Be alert, but not alarmed.
 
goldpelican said:
Still waiting to hear a decent reason as to why there's any basis whatsoever for gold confiscation in this era of global fiat.
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There is no rational reason for gold confiscation whatsoever. I agree with you 100%. However, in the time of political turmoil and economic troubles governments like to show general public that they're in control and doing something. So gov't may launch a crackdown on "speculators" and "hoarders", who "destabilise the financial safety" of decent working people. You just never know.
 
it is much easier to just throw a person in jail without trial.

you got gold, you go to jail, its that simple...no trial no jury...just imprison a person.
 
alor said:
it is much easier to just throw a person in jail without trial.

you got gold, you go to jail, its that simple...no trial no jury...just imprison a person.
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Well the whole legal system has been heading that way for decades. They removed civil jury trials sometime during the 1980s. It's only a matter of time before they remove criminal jury trials. The judges will get a real power trip then.

[youtube]http://www.youtube.com/watch?v=wvJiYrRcfQo[/youtube]
 
Not meaning to bash the poor copper's while they're down...but I wouldn't put too much weight behind the opinion of someone that would choose to do that job for the pay they get. Doesn't exactly bode well for their personal decision making abilities nor their perception of the world about them.

Don't get me wrong, I'm hella-greatful for the service they provide to the community, but wearing that uniform kinda telegraphs the wearer doesn't think like everyone else. That constable's opinion on gold is one such example and should best be ignored.
 
Clawhammer said:
Not meaning to bash the poor copper's while they're down...but I wouldn't put too much weight behind the opinion of someone that would choose to do that job for the pay they get. Doesn't exactly bode well for their personal decision making abilities nor their perception of the world about them.

Don't get me wrong, I'm hella-greatful for the service they provide to the community, but wearing that uniform kinda telegraphs the wearer doesn't think like everyone else. That constable's opinion on gold is one such example and should best be ignored.
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Each to their own.

I truly believe *it would be* the greatest job in the world and *I imagine* I would find myself looking forward to returning to work during holidays.

Cruising around with mates going attending to calls for help and assistance, trying to catch people breaking into houses and doing the wrong thing *would be* extremely rewarding! Easy comparison in my opinion, I find it harder to understand someone who would sit at a desk for 8 hours a day or work a factory line!
 
grinners said:
Clawhammer said:
Not meaning to bash the poor copper's while they're down...but I wouldn't put too much weight behind the opinion of someone that would choose to do that job for the pay they get. Doesn't exactly bode well for their personal decision making abilities nor their perception of the world about them.

Don't get me wrong, I'm hella-greatful for the service they provide to the community, but wearing that uniform kinda telegraphs the wearer doesn't think like everyone else. That constable's opinion on gold is one such example and should best be ignored.
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Each to their own.

I truly believe *it would be* the greatest job in the world and *I imagine* I would find myself looking forward to returning to work during holidays.

Cruising around with mates going attending to calls for help and assistance, trying to catch people breaking into houses and doing the wrong thing *would be* extremely rewarding! Easy comparison in my opinion, I find it harder to understand someone who would sit at a desk for 8 hours a day or work a factory line!
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You forgot to put the sarcasm smiley in.
 
frabz-Undercover-Police-What-my-friends-think-I-do-What-my-mom-thinks--8dfe2f.jpg
 
I dunnoh. Everyone you meet is having one of the worst days of their life. Working with the scum of society. The villians you spend all your energy taking off the streets get let go by the courts and thumb their noses at you as they walk free...

too frustrating :(
 
Clawhammer said:
I dunnoh. Everyone you meet is having one of the worst days of their life. Working with the scum of society. The villians you spend all your energy taking off the streets get let go by the courts and thumb their noses at you as they walk free...

too frustrating :(
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Isn't it strange when the lawyers get the guilty off the hook for their crimes?... Often at the public purses expenses, which is out of your pocket and mine.... That these non achievers and career criminals continually suck the good will out of our sense of fairplay for all!

We can all invent a sad story as to why a habitual thief missed out on a decent upbringing and still wants a fair slice of your cake... Never worked a day of his life.

These charlatans, the Lawyers go onto become YOUR politicians. They know how to tell lies and you just suck them up like soda pop or Coke or creme soda.

No wonder politics is F....d!
 
Clawhammer said:
Not meaning to bash the poor copper's while they're down...but I wouldn't put too much weight behind the opinion of someone that would choose to do that job for the pay they get. Doesn't exactly bode well for their personal decision making abilities nor their perception of the world about them.
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Golden.
 
What really worries me about the information the Policeman was divulging is this...

He didnt know that it was legal to own and store gold on your own property, he believed it was only allowed to be stored in banks....

Implication: If you are found with gold bullion on your person, it may be assumed you are in breach of the law in some fashion. IE assuming you may be a drug dealer or a tax cheat/black market merchant. So this particular cop, if he searched you and found the gold you were f2f selling to another SS member might hold you on suspicion of some crime.

Thats scary!

In America some of the rumblings is that one of the marks of a terrorist is someone who advocates gold ownership.
 
SilverSanchez said:
What really worries me about the information the Policeman was divulging is this...

He didnt know that it was legal to own and store gold on your own property, he believed it was only allowed to be stored in banks....

Implication: If you are found with gold bullion on your person, it may be assumed you are in breach of the law in some fashion. IE assuming you may be a drug dealer or a tax cheat/black market merchant. So this particular cop, if he searched you and found the gold you were f2f selling to another SS member might hold you on suspicion of some crime.

Thats scary!

In America some of the rumblings is that one of the marks of a terrorist is someone who advocates gold ownership.
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No don't draw your mind to that interpretation. When I said he didn't know it was legal to own gold that's in a sense of when he found out about the proceeds of the robbery.

You'd hope that if a usual suspect was found with gold there would be questions about how they came across it (eg burglary), but if someone with no record was just transporting or selling their gold common sense would prevail.
 
AngloSaxon said:
SilverSanchez said:
What really worries me about the information the Policeman was divulging is this...

He didnt know that it was legal to own and store gold on your own property, he believed it was only allowed to be stored in banks....

Implication: If you are found with gold bullion on your person, it may be assumed you are in breach of the law in some fashion. IE assuming you may be a drug dealer or a tax cheat/black market merchant. So this particular cop, if he searched you and found the gold you were f2f selling to another SS member might hold you on suspicion of some crime.

Thats scary!

In America some of the rumblings is that one of the marks of a terrorist is someone who advocates gold ownership.
Click to expand...

No don't draw your mind to that interpretation. When I said he didn't know it was legal to own gold that's in a sense of when he found out about the proceeds of the robbery.

You'd hope that if a usual suspect was found with gold there would be questions about how they came across it (eg burglary), but if someone with no record was just transporting or selling their gold common sense would prevail.
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I've never found common sense to be to common, x10 for people who get kicks from being in a position of authority.
 
Quote:"In America some of the rumblings is that one of the marks of a terrorist is someone who advocates gold ownership."

No surprises there...
They need believers in the fiat system to keep it going.
When the former suckers awaken to the con job and pull out. Then the rot starts to set in. With who is left.
 
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