Where Did These Two Illegal Immigrants Get 100 Ounces Of Gold?

KTEK.com ^ | Aug 5, 2024 | Daisy Escatel

[eastexsteve]

VAN ZANDT COUNTY, Texas (KETK) — Two Chinese nationals were arrested with $250,000 worth of gold bars after a traffic stop on I-20 on Thursday..

Inside [the rental car], officials found a boarding pass from Spirit Airlines that showed Chen had boarded the plane in Los Angeles on July 30 at 5:19 p.m. and arrived in Atlanta on July 31 at 12:53 a.m. The tickets reportedly showed he had no bags with him when he boarded the flight.

On a rental agreement, it reportedly showed that the vehicle was rented in College Park, Georgia at 1:28 a.m. on July 31 and was to be returned by Aug. 3 at11:30 a.m. in Los Angeles.

A bag was located behind the driver’s seat on the floorboard where officials found multiple pieces of gold bullion bars estimated to value between $200,000 and $250,000..

[dfwgator]

China realized that just reading Mao’s Little Red Book wasn’t going to get it done. So they decided to “Out Capitalist The Capitalists”.

[Repeal The 17th]

“...Might be a good idea to have receipts for that gold...”
-
I do not own any gold, but
I do have a hand full of Morgan and Peace silver dollars.
I do not have any receipts for them.
Can I get arrested for traveling with them?

[Salvavida]

Not being naive, but we are on a course that only leads to one thing, and China doesn’t have to do anything.

I’m 100% more concerned with the Communists here, than those on the other side of the world.

[delta7]

An attempt to demonize Gold? Any gold bug can be arrested or under suspicion of “ something”, resulting in confiscation without trial? Bad, bad precedent….as the USD continues to fall, gold is booming, now at historic highs ( In dollars), about 2,500 paper dollars per t/ounce. We are in a generational bull market, and .gov hates it.

That said, I expect our governments push for digital currency ( cashless system) to ramp up, and more demonizing of Gold, Bitcoins, private digital currency.

Finally, pictures would be helpful in determining where they acquired the Gold. US GoldEagles? Generic bars? Pre-33 coinage? Chinese bullion, foreign bullion?

[pierrem15]

I worked with a Chinese engineer from a wealthy family with factories.

To move money they would by expensive, specialized German industrial machinery and park it in a warehouse in Germany. He said it lost little value, and when they wanted cash, they would sell it.

Before Beijing caught on, Chinese companies with subsidiaries in Hong Kong would buy tremendously overpriced items from the subsidiaries and the subsidiaries would move the cash out of China.

[bdfromlv]

like they said in animal farm some comrades are more equal than others

[Larry Lucido]

From William DeVane at Roslind Capital.

[21twelve]

In my area (Seattle suburbs) most of the buyers of the nice homes are Chinese. They pay cash. Elderly couples buying a brand new 5,000 sf house. It has been that way for awhile. It wouldn’t surprise me if the CCP has some sort of plan to somehow have it wreck our economy.

I guess if the American Dream includes a young working-class couple being able to buy a home, the plan is working. (It is now the Chinese and Dot-Indian dream - along with really fancy cars).

[Revel]

Those gold bars can be traced from point of origin. Bet we never find out where they have been.

[tired&retired]

They had their Mapquest set for Senator Menendez’s house.

[Tellurian]

but we are on a course that only leads to one thing

Third time will be a charm ... for China

• first BHO: foreign born father, father never a US citizen/never a permanent resident ... POTUS
• second KDH: foreign born father & mother, parents residency in repeated flux ... VP/probable POTUS (the ends justify the means to Communists)
• third XXX: Chinese born father & mother, parents US residency at times, or faked, but who cares ... Voila, Chinese allegient POTUS, death to the USA.

[Paal Gulli]

Dumbass fails to mention whether those ounces are avoirdupois or troy.

[ifinnegan]

Yep.

[ifinnegan]

It’s changed a lot over the last three decades with the Chinese communists coming in and usurping communities created by Taiwanese and Hong Kong immigrants.

All of them buy homes overseas to keep mistresses and to have somewhere to escape when Ceausescu time comes.

[Reeses]

I expect our governments push for digital currency ( cashless system) to ramp up

Governments gave up on pushing people to carry personal tracking devices that spy as well as brainwash, and instead got most to not only wear such a device voluntarily, but pay for the privilege. This device is already the primary interface for digital currencies. People's dependence on electromagnetic radiation is starting to rival their dependence on food, water, and air.

[Organic Panic]

Old timely democrats prefer gold to that crypto stuff.

[desertsolitaire]

Just shy of 7 lbs of gold at 2488 spot price and 14.5 Troy Oz to the lb.

[Salvavida]

China need not do a thing. As Bill Burr famously said, “We live in an era of gold-digging whores.”

Pelosi
Klobachar
AOC
Rashida Tlaib
Ayanna Pressley
Ilhan Omar
Cori Bush
Summer Lee
Cankles
Cackles
Warren

[alexander_busek]

Were they arrested for having gold? Is that against the law?

What if they had been found with bars of lead hidden under the seat? Would they have been arrested for that?

If not: Why not?

Regards,

[alexander_busek]

Finally, pictures would be helpful in determining where they acquired the Gold. US GoldEagles? Generic bars? Pre-33 coinage? Chinese bullion, foreign bullion?

Read the damn excerpt!

First line:

Two Chinese nationals were arrested with $250,000 worth of gold bars after a traffic stop on I-20 on Thursday..

This is later repeated:

A bag was located behind the driver’s seat on the floorboard where officials found multiple pieces of gold bullion bars estimated to value between $200,000 and $250,000..

Sheesh!

Regards,