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Title: Kitco Murdered (by Revenue Quebec) Post by: Marcus on June 11, 2011, 04:15:57 AM .
Quote Kitco Charged With Massive Tax Fraud Scheme, Business Viability In Question By Tyler Durden 06/10/2011 "Claiming widespread tax fraud in the gold refining and trading sector, Revenue Quebec ... targeted ...Montreal location of Kitco, a major buyer and seller of gold ... Revenue Quebec said that by converting pure gold into a gold object and then refining it back into a pure state ... used “artificial transactions” to obtain refunds of taxes that were never actually paid." Kitco is dead. It may still show a few vital signs, but it won't survive that government attack. Kitco provided gold and silver -- alternatives to government fiat paper currencies. Bitcoin also provides an alternative to government paper money. And there is similar risk for very Bitcoin point of concentration: exchangers and market-place web sites. What can they do to protect themselves, and to protect the spreading Bitcoin meme? Without exchangers and market-place web sites, Bitcoin dies. And if Bitcoin goes, so goes a big chance, maybe the last chance in this generation, for finding a path to personal liberty. The raid on Kitco is ominous news. I hope Bitcoin exchangers and market-place web sites take it as motivation to prepare. Links to sources: http://www.zerohedge.com/print/404121 http://business.financialpost.com/2011/06/10/revenue-quebec-investigates-massive-gold-fraud/ . Title: Re: Kitco Murdered (by Revenue Quebec) Post by: soades on June 11, 2011, 07:15:15 PM Yeah, there's a little more here than meets the eye. Must stop the metal hoarders and bring them back to fiat.
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