It was great because they used to invade other Countries and take their resources... They are in trouble because they did it to themselves by allowing the radicals in
Over the last 12 months I have had the same problems you just went through but with 5 Banks..... 4 of them being high street banks and all froze my account until I gave them the relevant information. One of them I gave the information they requested but the other four I told to swivel. Those 4 accounts are closed even though 2 of them I had been with for over 18 Years. Its disgusting what they are doing to ordinary people. One question I got asked was (Who is the person you are sending the money too) Even though it was to myself to another bank in the high street. But its ok for them to launder cartel money and be slapped on the wrist with a fine without a single person going to prison.
You need to know about Bank bail ins, and that when you put money in a bank, that it is not yours , it is classed as an unsecured load to the bank. I'm not going to keep much money in the bank now hearing this, i will have cash and other stuff outside the banking system.
Who will you sell Gold or silver too when they roll out digital at any value no one questions ?? They will offer nothing to take it all & you can't eat silver or Gold. Again bankers creating a false price rise to take advantage of.
@@tonydalton6756 The point I'm trying to make is when everything goes bump everything but food/water/heat/clothes becomes devalued, Where would people sell the gold or silver when no one has "wealth" it just becomes a shiny metal ? I would always take the others above gold or silver that people don't seem to realise. We need to change our meaning to wealth as it's different to the individual. People can't survive on gold or silver, they can survive on food & water.
@@michaelpieters1844 We can produce enough foods to feed 3 earths but it's what access people have to it that counts as the parasites control the supplies esp in town & cities with no farm shops. Didn't stop them starving people in the Bolshevik Revolution in Russia or in China - they're trying again.
Exactly the same happening in Japan. "Anti-money laundering" regime putting up extremely intrusive hurdles for sending money to myself. They're asking to prove wealth and prove negatives. This is the UN/WEF regime at work and there is an entire AML industry now.
Always take the cash out the machines I’ve been doing it for years , everyday I take as much as the machine will let me and do the same ever day till the money is in my hands!
Modern currency isn't fit for purpose. All coins below 50p should be scrapped. Coinage should be re issued adjusted for inflation. Start with a £20 coin - size of a crown, £10 coin size if half crown etc. notes are inconvenient and coins worth too little and too fiddly.
Modern currency units are not fit for purpose. Are fiat currency needs to be rethought every coin below 50p should be scrapped, and all notes coins adjusted for inflation. We should have a 20 pound coin the size of an old crown a 10 pound coin the size of an old half crown etc. Our current coins are far too worthless and fiddly.
@@pperrinuk You can't start with a £10 coin what would happen to pound shops? 😀 Cash is fine for in person transactions. Digital is good for remote purchases. And I suppose "assets" are for wealth preservation and growth. We can have different forms of currency for different purposes.
@@pperrinuk What is coinage ?? no value metal ?? Smelt it & see what it will be worth to someone ?? - You & your time is the wealth of this planet & the people need to realise it.
The real reason they do not want you moving large amounts of money around because they are using your money and they are making money off of lending it out so the less they have to prove on books the less they have to give out and make money with. I dealt with something similar I want to take 10K out and they told me I had to wait a month. So I waited a month and took all of my money out of the bank
I had the "get challenged sending money to my own account" over summer - the questioning became increasing intrusive and also scarier as they asked the same things in slightly different ways. I lost a customer mid-last year where a new customer sent me £2K to coach her, then her bank rang her and scared the life out of her about my being a scammer... Her trust was totally broken, and I couldn't do a thing about it. :-( She really really needed the coaching as well :-(
My bank queried a £2,000 transfer from one account to another account (with the same bank) just yesterday. Strange, as they have never queried it before, with higher amounts.
@@truthseeker205 I was questioned when drawing 7k in cash, told them it was for a car, these days I would tell them it’s for gender reassignment surgery . Medical matter= private.
This is an excellent video. It's shocking what is happening with our own money. Not just banks but pension companies and more. I'm trying to take out my matured pension from Aviva that I had been putting my own money into for years. It's an absolute nightmare and the intrusion is disgraceful.
The problem is: when you put money in the bank it becomes property of the bank. if you want to maintain your wealth, you should not ever put your money in the bank, especially if there is a bank run or financial disaster, the bank will refuse to give you your money claiming they require it to support the country. THINK WISELY!
If there is a run on the banks, what we people have in exchange ?? Fake paper money they can render useless in a second, learning from the 1930s run on the banks. We've fallen for the largest theft in history.
The gold & silver buyers will offer next to nothing in return as they won't be able to afford to buy any of it !! " They will Throw their gold & silver in the streets"
Not all gold was required to be turned over to the government (for half its actual value). People were allowed to have $100 worth of gold (approx 5 troy ounces at the time) with the reasoning given "as may be required for legitimate and customary use". Many people believe private ownership of gold was banned altogether. It wasn't.
Keep in mind that legally speaking the money in the bank does not belong to you. The bank has legal ownership with a debt obligation to you, nominally payable whenever you require. They can default, change rules, withhold money, block transfers, block purchase at will. Legally. One of the banks I use (the better one by far) even lied to me about the terms and conditions of a fixed deposit account and never gave me a document with those T&Cs. So when I requested a change they said I could do when I set it up I was denied. It is not your money (it is not really money at all).
I've had the same with TSB. They went way over what I consider doing things for my benefit and were just out and out invading my privacy. I closed the account immediately.
Just to make clear, CBDCs although digital, are not the same as Crypto currencies. In fact, apart from being digital, they are polar opposites. The attraction of Cryptos is that they are decentralised therefore avoid the central control by banks that is the subject of this video. I'm not advocating Cryptos, CBDCs or any other currencies in this post, just pointing out the differences so as not to place them in the same context.
I had this when I bought my first house. They wanted to know where my £15k deposit came from. Their attitude was very much, "we know you did something illegal, because pesants like you aren’t meant to afford houses".
A much safer place / smoother system is to have the majority of your money (savings) in building society accounts and keep the bare minimum in a bank account just to cover direct debits & card transactions.
I paid some cash in the post office recently, wasn’t even a lot!!, and he asked me where it came from?!? 🤷🏼♂️, took me off guard so I answered him honestly and said I sold stuff…..wish I had said, it’s none of your business.
You're right. What happened was because of changes in the law. However, you were clearly not required to supply the Bank with the information requested, so you have no idea why you were asked. You can expect something like this in your experience to happen again. If it does, you will be asking yourself how it compares with the first time, so you need to keep the details of what you were asked. And why. So far as I recall, David Cameron equated gold ownership with money laundering because of its appreciation.
Had the same trouble BY. My bank ( at first) would not or could not transfer some money to my self. Ok, it was another bank but. Right rigmarole OTPs refusing, if I have had any hair left I would have pulled it out! Eventually sorted.
In the last month I have brought £3000 of silver. Then a day ago I ordered 10 gold sovereigns. I then had to verify my account with Chards and send all my bank account details, my photo ID and a utility bill.. Chards said the inland revenue needs that. I'm still waiting to pay. Will my bank transfer the money ?
The banks think that your deposit is their money. I have spent many years keeping the least amount in them as possible to still be able to use the convenient bill paying aspect of banking. If they raise an eyebrow at a huge cash withdrawal and query you as to why? Tell them you are going to a casino on holiday and marking off your bucket list. ---Tear up and tell them, "But I really can't bear to talk about it." (start rubbing your eyes) It's getting tougher to fool with them, though. Great topic. TY for sharing.
I had the bank decline a payment and suspend my account recently, demanding that I go into branch with photo id just because I tried to by a gift card. the fruad team asked me to call them and I was able to comply with the demands which I wont disclose on here (sorry scammers, i'm not telling you what they were!) BUt then I still had to go into branch and after they were satisfied it was a geniune transaction they grilled me and told me to explain to them why I was rtrying to but a gift card! WOW! It is no business of anyone what I spend my own money on (providing it is legal and lawful of course) the bank would not even let me complain that my account was suspended! I have since made my feeling clear and closed the account with them. I was a customer, they were not Judge, Jury and Excutioner!
You say that we are fortunate to have the freedom here but it isnt fortune, it wasnt just fate it was the hard work of our ancestors which allowed these freedoms to exist. Things like the Newport rising in 1839 which built the system by standing up against the government. Its up to us to not allow them too implement CBDC's or to seize gold. If you just capitulate and get on with life its not only us who suffer but all the generations to come, we have the rights because our ancestors didnt do that and its our responsibility to not submit to government as well.
Use your credit card to buy precious metals, not your bank account.... Extra layer of security, cashback with some & they do not quibble about where you spend your money
Why won’t you name them, Farage did. We have to help each other as the government/banking system increases their anti people policies or we will end up worse than China or North Korea
Dear BB, for all of your interesting comments today on this video clip which I and others I'm sure have found to be highly useful and very interesting indeed...however, you need to let us all know which Bank /Banks you refer to, for it to have sound validity. Please name and shame! I am with you 100% and would support you on this issue. Dont be be so fatalistic, as the wit and ingenuity of man or woman knows no bounds. Let's figure out ways to legally combat these intrusions.
@@BackyardBullionIt's not defamation if you're sharing your personal experience with a bank, no more than reporting issues with the Royal Mint. Obvs have to be more careful sharing others stories
Young fella just walked into my lcs and sold a gold Buffalo for spot, while the dealer was holding open the safe for cash the fella preferred it be deposited into his phone. I still prefer cash but banks are unavoidable unless no utilities no taxes and no insurance, good luck with that it’s made legal tender to hold us in.
I used to have a tiny glampsite on Airbnb, but they now have to collect a host's tax info before they'll release any earnings. As I currently earn below taxation level, I was furious at their being a proxy for HMRC....when I'm ready, I'll self assess and don't need them to snitch on my income. Needless to say, they're dumped.
I only keep around $100.00 in my checking account. And hold vary little Fiat. When I get paid I buy Silver some times gold . Then if I need to pay a bill will sell for Fiat. But most of my transactions are in person using silver.
Well done the banks . Some people are to stupid to look after their own money . Hence fraud being the biggest crime in this country. Hail the banks and their security 🎉🎉🎉🎉🎉
@@BackyardBullion The same happened to me when attempting to purchase Britannias on my credit card, froze my account for suspected fraud for 3 weeks and the price shot up quite a bit! It turned out that even though I passed all the security questions, they didn't recognise the number I was calling from!
The fact that you feel the need to be grateful to be able to spend your own money because of the changes in the world should scare the hell out of you! Freedom isn’t something we should need to be “grateful” to the govt for! Our forefathers fought and died for freedom it was paid for in blood and tears. Do not be so grateful, demand it!
Interesting video but I think some angles were missed . It’s worth noting that when gold was confiscated by the US government in the 1930s the people who didn’t comply won out . The government bought out the gold then quickly raised the price.,but didn’t really pursue or punish those that didn’t comply ..certainly not beyond the short term . Gold and silver have historically been liquid,the precious metal content is what gave coins their value ,and notes represented an amount of precious metal. From my point of view I don’t see gold and silver as an everyday investment or currency,I think it’s true value would be in some sort of banking / financial crisis or currency collapse ,a form of insurance if you like . Gold and silver have been a store of wealth and medium of exchange for thousands of years …our total fiat currencies have only existed in their current unbacked form since 1971 … I’m not sure that a financial collapse is as remote as some think .we’ve seen a few examples of hyperinflation around the world during the past century,and gold has been a good fall back ,even if only as a temporary lifeline. If the wheel really came off due to a grid down due to an act of war ,cyber attack or terrorist action then again cash and/or bullion might prove useful,even short term ,as a means of exchange. In such a scenario government financial rules and regulations will be less relevant or meaningful or easily enforced..
There are people who are holding gold and silver on the blockchain - some of them are actually spending it in the shops right now. Spending gold and silver in the shops is possible and is happening.
KYC. (Know Your Customer) Those regulations are interpreted different by every banks compliance department. If you were a new customer to that bank, and your transaction crossed a certain threshold, they will ask those questions.
I am new to this so please bear with me. Uk cgt exempt coins, if sold for cash to a dealer and you put thay cash in the bank. What evidence do you need to give to show that you dont need to pay cgt on that money?
I would think just keep the receipt from the dealer that describes what the coins were. If they're CGT exempt you just don't declare it. CGT isn't payable on money, as such... it's due whenever an asset is disposed of (including giving it away, or swapping for something). That's just my understanding after reading the HMRC web pages.
You want to sell your gold, bank wants to know where you got the gold from, you have receipts. Then bank wants to know where you got the money to buy that gold in the first place…. Hate to say it, but its looking like Bitcoin may be the last resort…
Thats quite interesting because in germany I never experienced this kind of problem ever. But maybe it exists here aswell and just depends on the bank :) I just know that my mum was asked once for what she needed her credit and she replied: I wont say it😂 and she still got it
Why not accept crypto? Some of them like xrp charge very little for transfers and are super fast, clearing in minutes. I think someone moved a billion dollars in xrp recently and the charge was like $6
What is coinage, what is money ?? no value metal & paper ?? Smelt or burn it & see what it will be worth to someone ?? - You & your time is the wealth of this planet & the people need to realise it.
This misleading tbh. Source of Wealth checks are a regulatory requirement to mitigate money laundering and terrorist financing. As for anti-fraud rules. Exactly correct, you need to provide assurances because many people continue to be negligent and lose their money and the bank are expected to foot the bill.
It's complete nonsense though. If the government didn't want terrorism, then they wouldn't be letting certain groups who statistically cause the most terrorism into the country. They would actually ivestigate all the dodgy vape shops and barbers that are now everywhere. They certainly wouldn't care about people transferring a few thousand pounds between themselves, that is chicken feed compared to the real crime going on. The real reason is they want to monitor and control everything we do. It is to keep us in our birth-assigned social class. If they want us out of the banking system, they have a means to do it, and they can make your life next to impossible as you will be denied basic services.
Lol, there's no intrusion. You give a bank your money to hold. They have a right to know how you earned it for obvious reasons. No bank forced you at gun point to open an account with them. The onus is on you.
Every spare bit of currency get it out of the slave system. If your experienced buy privately. If not small orders from various online reputable dealers. Or just start singing swannee river . Because that's were you are going sailed down. And yes don't tell the govt to f off. You don't have to if your not in their corrupt system that is based on paperwork.
But when we talking about it, you trying to defend them and always saying: always pay your taxes, bla bla bla. Don’t we pay enough in taxes? I mean everything is taxed, if you making few quid on the side it’s should not been a problem.
![Blox Fruits Dragon Rework Update [Full Stream]](http://i.ytimg.com/vi/EqDAp8udhm0/mqdefault.jpg)
Let's face it, the UK is no longer a great country for saving and wealth accumulation. It's very sad.
It was great because they used to invade other Countries and take their resources...
They are in trouble because they did it to themselves by allowing the radicals in
It's not just the UK though , it's happening everywhere
@seminumismaticguy8575 the UK is among the worst, though.
I’m 71 now. This is no longer my country
@@stephenhaywood5672 your generation sold us all out
Where are the times that we could do whatever we wanted with OUR money...
Yeah, long gone unfortunately!
@@BackyardBullion BTC ! 👍
Gold and silver are the original cryptocurrency.
Luckily I still live in a "FREE" country!! I don't have even have to pay sales tax on my purchases!!
This is the mark of the beast. It's started.
"prove my wealth" coming from a fiat dealer is too funny for words
Over the last 12 months I have had the same problems you just went through but with 5 Banks..... 4 of them being high street banks and all froze my account until I gave them the relevant information. One of them I gave the information they requested but the other four I told to swivel. Those 4 accounts are closed even though 2 of them I had been with for over 18 Years.
Its disgusting what they are doing to ordinary people. One question I got asked was (Who is the person you are sending the money too) Even though it was to myself to another bank in the high street.
But its ok for them to launder cartel money and be slapped on the wrist with a fine without a single person going to prison.
Snap ,couldn't our hase for 3 month.
You need to know about Bank bail ins, and that when you put money in a bank, that it is not yours ,
it is classed as an unsecured load to the bank.
I'm not going to keep much money in the bank now hearing this, i will have cash and other stuff outside the banking system.
If you think its bad now, wait until cash is abolished...
@@ShaggNasty-yk1ie That is a worry. Although, buying mail order bullion isn't really practical with cash either...
Gold and Silver IS money, fiat currency is Not money.
Who will you sell Gold or silver too when they roll out digital at any value no one questions ?? They will offer nothing to take it all & you can't eat silver or Gold. Again bankers creating a false price rise to take advantage of.
@@rl53 I like many others would take gold for payment. It has a global price from a global market. Our wannabe dictators will soon be banged up IMO.
@@tonydalton6756 The point I'm trying to make is when everything goes bump everything but food/water/heat/clothes becomes devalued, Where would people sell the gold or silver when no one has "wealth" it just becomes a shiny metal ? I would always take the others above gold or silver that people don't seem to realise. We need to change our meaning to wealth as it's different to the individual. People can't survive on gold or silver, they can survive on food & water.
@@rl53 I don't think you realize how abundant food and water is, especially if you see how much food is destroyed.
@@michaelpieters1844 We can produce enough foods to feed 3 earths but it's what access people have to it that counts as the parasites control the supplies esp in town & cities with no farm shops. Didn't stop them starving people in the Bolshevik Revolution in Russia or in China - they're trying again.
Exactly the same happening in Japan. "Anti-money laundering" regime putting up extremely intrusive hurdles for sending money to myself. They're asking to prove wealth and prove negatives. This is the UN/WEF regime at work and there is an entire AML industry now.
Always take the cash out the machines I’ve been doing it for years , everyday I take as much as the machine will let me and do the same ever day till the money is in my hands!
Cash, use it or lose it. When are people going to learn.
Modern currency isn't fit for purpose. All coins below 50p should be scrapped.
Coinage should be re issued adjusted for inflation.
Start with a £20 coin - size of a crown, £10 coin size if half crown etc. notes are inconvenient and coins worth too little and too fiddly.
Modern currency units are not fit for purpose.
Are fiat currency needs to be rethought every coin below 50p should be scrapped, and all notes coins adjusted for inflation.
We should have a 20 pound coin the size of an old crown a 10 pound coin the size of an old half crown etc.
Our current coins are far too worthless and fiddly.
@@pperrinuk You can't start with a £10 coin what would happen to pound shops? 😀 Cash is fine for in person transactions. Digital is good for remote purchases. And I suppose "assets" are for wealth preservation and growth. We can have different forms of currency for different purposes.
What is cash ?? Fake paper money ?? What is the wealth behied it ?? And what does it promise to pay ??
@@pperrinuk What is coinage ?? no value metal ?? Smelt it & see what it will be worth to someone ?? - You & your time is the wealth of this planet & the people need to realise it.
Use debt to buy stuff and then pay the debt with your banked money. Banks will not block debt repayment.
Exactly. Although I did have my bank freeze my card on several occasions questioning my purchases but it was usually fine.
Debts keep the banks rich offering 10 - 100 times what people borrow not being able to pay any of it back while we pay interest on it all !!
The real reason they do not want you moving large amounts of money around because they are using your money and they are making money off of lending it out so the less they have to prove on books the less they have to give out and make money with. I dealt with something similar I want to take 10K out and they told me I had to wait a month. So I waited a month and took all of my money out of the bank
I had the "get challenged sending money to my own account" over summer - the questioning became increasing intrusive and also scarier as they asked the same things in slightly different ways.
I lost a customer mid-last year where a new customer sent me £2K to coach her, then her bank rang her and scared the life out of her about my being a scammer...
Her trust was totally broken, and I couldn't do a thing about it. :-(
She really really needed the coaching as well :-(
My bank queried a £2,000 transfer from one account to another account (with the same bank) just yesterday. Strange, as they have never queried it before, with higher amounts.
I’ve moved 10k years ago in one go. All I had to do was confirm on online banking
@@truthseeker205 I was questioned when drawing 7k in cash, told them it was for a car, these days I would tell them it’s for gender reassignment surgery . Medical matter= private.
This is an excellent video. It's shocking what is happening with our own money. Not just banks but pension companies and more. I'm trying to take out my matured pension from Aviva that I had been putting my own money into for years. It's an absolute nightmare and the intrusion is disgraceful.
You should name and shame the bank!
@Contentibus Which is please..?
@@bulltraderpttsb
@Contentibus why cover for the bank?
Thats easy, ALL banks.
@@mrdelaney4440 Incorrect.
The problem is: when you put money in the bank it becomes property of the bank. if you want to maintain your wealth, you should not ever put your money in the bank, especially if there is a bank run or financial disaster, the bank will refuse to give you your money claiming they require it to support the country.
THINK WISELY!
Absolutely, you are risking your financial sovereignty by becoming a debtor to the banks. screw them
@@Fanta.... No, you are a creditor!
If there is a run on the banks, what we people have in exchange ?? Fake paper money they can render useless in a second, learning from the 1930s run on the banks. We've fallen for the largest theft in history.
Funny how we have a system now that means every employer automatically deposits money in a bank and you have no other choice.
I had similar issues recently when trying to buy a car-a ridiculous level of intrusion into what is a private matter.
The UK is unrecognisable these days
When they made people hand their gold over in 1933 America only about a Quarter was handed in.
Yes, and lots were buried and forgotten...
@@loksterizationincluding my grandfathers buried gold in mason jars surrounded by pitch.
The didn't go for to door, they seized what was with banks etc.
The gold & silver buyers will offer next to nothing in return as they won't be able to afford to buy any of it !! " They will Throw their gold & silver in the streets"
Not all gold was required to be turned over to the government (for half its actual value). People were allowed to have $100 worth of gold (approx 5 troy ounces at the time) with the reasoning given "as may be required for legitimate and customary use". Many people believe private ownership of gold was banned altogether. It wasn't.
Keep in mind that legally speaking the money in the bank does not belong to you. The bank has legal ownership with a debt obligation to you, nominally payable whenever you require. They can default, change rules, withhold money, block transfers, block purchase at will. Legally. One of the banks I use (the better one by far) even lied to me about the terms and conditions of a fixed deposit account and never gave me a document with those T&Cs. So when I requested a change they said I could do when I set it up I was denied. It is not your money (it is not really money at all).
Bank > Prove your wealth
Me > Prove you've never been scammed, hacked or employed fraudulent staff.
It takes two
Good idea. But good luck with that
@isitago @isitago its only an attitude. They're only money lenders
They really are overstepping the mark now. Dont blame you for closing your account.
It never has been, he says whilst holding gold coins that were the currency in the day and age of their issue!
I've had the same with TSB. They went way over what I consider doing things for my benefit and were just out and out invading my privacy. I closed the account immediately.
Just to make clear, CBDCs although digital, are not the same as Crypto currencies. In fact, apart from being digital, they are polar opposites. The attraction of Cryptos is that they are decentralised therefore avoid the central control by banks that is the subject of this video.
I'm not advocating Cryptos, CBDCs or any other currencies in this post, just pointing out the differences so as not to place them in the same context.
I had this when I bought my first house. They wanted to know where my £15k deposit came from. Their attitude was very much, "we know you did something illegal, because pesants like you aren’t meant to afford houses".
A much safer place / smoother system is to have the majority of your money (savings) in building society accounts and keep the bare minimum in a bank account just to cover direct debits & card transactions.
The building societies are part of the same club. They all have the same licences, have sort codes and visa cards, etc.
I paid some cash in the post office recently, wasn’t even a lot!!, and he asked me where it came from?!? 🤷🏼♂️, took me off guard so I answered him honestly and said I sold stuff…..wish I had said, it’s none of your business.
They've asked me before "Where did this money come from?" My response was "From the proceeds of lawful activities", and that was that.
I have never stopped using cash and never will. 😊
You're right. What happened was because of changes in the law. However, you were clearly not required to supply the Bank with the information requested, so you have no idea why you were asked. You can expect something like this in your experience to happen again. If it does, you will be asking yourself how it compares with the first time, so you need to keep the details of what you were asked. And why. So far as I recall, David Cameron equated gold ownership with money laundering because of its appreciation.
Had the same trouble BY. My bank ( at first) would not or could not transfer some money to my self. Ok, it was another bank but. Right rigmarole OTPs refusing, if I have had any hair left I would have pulled it out!
Eventually sorted.
Cash is great!
If you spend more than £3000 with a car dealer they report it to HMRC….
In the last month I have brought £3000 of silver. Then a day ago I ordered 10 gold sovereigns. I then had to verify my account with Chards and send all my bank account details, my photo ID and a utility bill.. Chards said the inland revenue needs that. I'm still waiting to pay. Will my bank transfer the money ?
The banks think that your deposit is their money.
I have spent many years keeping the least amount in them as possible to still be able to use the convenient bill paying aspect of banking.
If they raise an eyebrow at a huge cash withdrawal and query you as to why?
Tell them you are going to a casino on holiday and marking off your bucket list.
---Tear up and tell them, "But I really can't bear to talk about it." (start rubbing your eyes)
It's getting tougher to fool with them, though.
Great topic. TY for sharing.
😂 My bank did it to me. I missed a deal because the bank held back.
If I need to hide my wealth, all I do is buy from and through my mum 😊
Sucks man.
@@BackyardBullion so did mine about a week ago...
I had the bank decline a payment and suspend my account recently, demanding that I go into branch with photo id just because I tried to by a gift card. the fruad team asked me to call them and I was able to comply with the demands which I wont disclose on here (sorry scammers, i'm not telling you what they were!) BUt then I still had to go into branch and after they were satisfied it was a geniune transaction they grilled me and told me to explain to them why I was rtrying to but a gift card! WOW! It is no business of anyone what I spend my own money on (providing it is legal and lawful of course) the bank would not even let me complain that my account was suspended! I have since made my feeling clear and closed the account with them. I was a customer, they were not Judge, Jury and Excutioner!
HSBC has restricted my ability to move money to brokers to ‘protect’ me. I’m moving banks in the very near future
You say that we are fortunate to have the freedom here but it isnt fortune, it wasnt just fate it was the hard work of our ancestors which allowed these freedoms to exist. Things like the Newport rising in 1839 which built the system by standing up against the government. Its up to us to not allow them too implement CBDC's or to seize gold. If you just capitulate and get on with life its not only us who suffer but all the generations to come, we have the rights because our ancestors didnt do that and its our responsibility to not submit to government as well.
Ah yes, because modern Governments are well known for giving fair market prices when it comes to buy backs.
Use your credit card to buy precious metals, not your bank account.... Extra layer of security, cashback with some & they do not quibble about where you spend your money
Agreed.
This is why Bitcoin exists. When Canadian Freedom Truckers had their bank accounts seized for protesting, it should have set alarm bells off!
Name and shame this bank. Then we’ll know not to bank with them..
Nope, not going to do that.
Why won’t you name them, Farage did. We have to help each other as the government/banking system increases their anti people policies or we will end up worse than China or North Korea
I lost my gold and silver in an unfortunate boating accident
He said that we are all free to use our money how we want, but clearly we cannot, proved by what he said previously in the video.
Dear BB,
for all of your interesting comments today on this video clip which I and others I'm sure have found to be highly useful and very interesting indeed...however, you need to let us all know which Bank /Banks you refer to, for it to have sound validity.
Please name and shame!
I am with you 100% and would support you on this issue.
Dont be be so fatalistic, as the wit and ingenuity of man or woman knows no bounds. Let's figure out ways to legally combat these intrusions.
I'm not naming and shaming, I don't want to be slapped with a defamation law suit, sorry.
@@BackyardBullionIt's not defamation if you're sharing your personal experience with a bank, no more than reporting issues with the Royal Mint.
Obvs have to be more careful sharing others stories
@mattg4183 your comment is correct..
Young fella just walked into my lcs and sold a gold Buffalo for spot, while the dealer was holding open the safe for cash the fella preferred it be deposited into his phone. I still prefer cash but banks are unavoidable unless no utilities no taxes and no insurance, good luck with that it’s made legal tender to hold us in.
How will gov know i sold my coins for cash to someone other than a dealer?
Should have asked them, to "prove their worth". Sounds like they would fail anyhow.
I used to have a tiny glampsite on Airbnb, but they now have to collect a host's tax info before they'll release any earnings. As I currently earn below taxation level, I was furious at their being a proxy for HMRC....when I'm ready, I'll self assess and don't need them to snitch on my income. Needless to say, they're dumped.
Thats a lotta sovereigns... good heavens. Very nice collection.
My business bank, wise, prevented me from renewing my website domain, stating that the host I use is against their risk appetite.
Ouch that sucks!
I only keep around $100.00 in my checking account. And hold vary little Fiat. When I get paid I buy Silver some times gold . Then if I need to pay a bill will sell for Fiat. But most of my transactions are in person using silver.
Why do people accept a currency $$$ which is being destroyed using Inflation ( a secret govn. Tax ) in exchange for a Precious Metal ?
My bank put my Oder on hold and in the hands of fraud team lol took two weeks to get it processed
Ouch, that sucks massively!!!
Well done the banks .
Some people are to stupid to look after their own money .
Hence fraud being the biggest crime in this country.
Hail the banks and their security 🎉🎉🎉🎉🎉
@@BackyardBullion The same happened to me when attempting to purchase Britannias on my credit card, froze my account for suspected fraud for 3 weeks and the price shot up quite a bit! It turned out that even though I passed all the security questions, they didn't recognise the number I was calling from!
The fact that you feel the need to be grateful to be able to spend your own money because of the changes in the world should scare the hell out of you! Freedom isn’t something we should need to be “grateful” to the govt for! Our forefathers fought and died for freedom it was paid for in blood and tears. Do not be so grateful, demand it!
Interesting video but I think some angles were missed .
It’s worth noting that when gold was confiscated by the US government in the 1930s the people who didn’t comply won out . The government bought out the gold then quickly raised the price.,but didn’t really pursue or punish those that didn’t comply ..certainly not beyond the short term .
Gold and silver have historically been liquid,the precious metal content is what gave coins their value ,and notes represented an amount of precious metal.
From my point of view I don’t see gold and silver as an everyday investment or currency,I think it’s true value would be in some sort of banking / financial crisis or currency collapse ,a form of insurance if you like . Gold and silver have been a store of wealth and medium of exchange for thousands of years …our total fiat currencies have only existed in their current unbacked form since 1971 …
I’m not sure that a financial collapse is as remote as some think .we’ve seen a few examples of hyperinflation around the world during the past century,and gold has been a good fall back ,even if only as a temporary lifeline.
If the wheel really came off due to a grid down due to an act of war ,cyber attack or terrorist action then again cash and/or bullion might prove useful,even short term ,as a means of exchange.
In such a scenario government financial rules and regulations will be less relevant or meaningful or easily enforced..
There are people who are holding gold and silver on the blockchain - some of them are actually spending it in the shops right now. Spending gold and silver in the shops is possible and is happening.
That is like holding an ETF, you have to trust the issuing authority that the coins are really backed by gold.
@@MrEdrftgyuji So they should be independently audited, which some are.
Should be able to indemnify the bank that they are not responsible for your losses if you are scammed.
From 7th October, UK banks are now liable to refund up to 85k back to you within 5 days if you have been scammed now.
KYC. (Know Your Customer) Those regulations are interpreted different by every banks compliance department.
If you were a new customer to that bank, and your transaction crossed a certain threshold, they will ask those questions.
If you are a Mexican drug lord who bribes the right politicians, then the standards are a lot more lax.
I am new to this so please bear with me. Uk cgt exempt coins, if sold for cash to a dealer and you put thay cash in the bank. What evidence do you need to give to show that you dont need to pay cgt on that money?
I would think just keep the receipt from the dealer that describes what the coins were. If they're CGT exempt you just don't declare it. CGT isn't payable on money, as such... it's due whenever an asset is disposed of (including giving it away, or swapping for something). That's just my understanding after reading the HMRC web pages.
Been happening in Australia too.
You want to sell your gold, bank wants to know where you got the gold from, you have receipts. Then bank wants to know where you got the money to buy that gold in the first place…. Hate to say it, but its looking like Bitcoin may be the last resort…
Bitcoin until power goes out...
@windwalker583 Yeah, there is always that. Buy chickens, potatoes and toilet rolls.
Too slow and cumbersome for day-to-day transactions. Fees are outrageous and its too unstable to be used for most businesses.
@@kyrusinek Chickens, potatoes and toilet rolls???
@@kyrusinek sometimes fees are higher than bitcoin you want to send, so yes you are completely correct..
Thats quite interesting because in germany I never experienced this kind of problem ever. But maybe it exists here aswell and just depends on the bank :) I just know that my mum was asked once for what she needed her credit and she replied: I wont say it😂 and she still got it
It's getting scary!
they just do not want you to make any money same with crypto
Correct. You are to stay in your assigned social class and be happy.
There are billion dealers who accept crypto
I've bought like that before, so there's always a way
What can we do? Revolution.
Have you looked at Aurus or Kinesis? GoldBacks? And you haven't thought of barter or buying 3 "TV's" with your bank or CBDC and trading them
It is none of their business. You only have to declare wealth to the tax department.
Mate the banks run the world. Anything to do with money they wanna know
So does that mean that one can purchase gold and silver with cash or not ?
It happened in Germany before the war right 🫡
Why not accept crypto? Some of them like xrp charge very little for transfers and are super fast, clearing in minutes.
I think someone moved a billion dollars in xrp recently and the charge was like $6
Wow thought we were in 2024 not 1984!! BB..(No not backyard bullion....more like Big Brother😮😮)....
What is coinage, what is money ?? no value metal & paper ?? Smelt or burn it & see what it will be worth to someone ?? - You & your time is the wealth of this planet & the people need to realise it.
I buy gold cash now hv to pay over but am not letting the bank or government get their nose in my gold
You need a new bank, my friend. Offshore, maybe.
Maybe!
Swiss banks are renowned for being mega discreet however I have no idea how to open a Swiss account.
@@Rdott82you need to have more than a certain amount. Good ones are around 100-150k
@@BackyardBullionor go on holiday ,
This misleading tbh. Source of Wealth checks are a regulatory requirement to mitigate money laundering and terrorist financing.
As for anti-fraud rules. Exactly correct, you need to provide assurances because many people continue to be negligent and lose their money and the bank are expected to foot the bill.
I think thats fine, they expected us to pick up the bill when they make bad bets.
You will foot the bill when the bank takes all your money in a bail- in after a massive financial crash.
It's complete nonsense though. If the government didn't want terrorism, then they wouldn't be letting certain groups who statistically cause the most terrorism into the country. They would actually ivestigate all the dodgy vape shops and barbers that are now everywhere. They certainly wouldn't care about people transferring a few thousand pounds between themselves, that is chicken feed compared to the real crime going on.
The real reason is they want to monitor and control everything we do. It is to keep us in our birth-assigned social class. If they want us out of the banking system, they have a means to do it, and they can make your life next to impossible as you will be denied basic services.
Never had a problem with nationwide, i may get a request to okay in app a transaction if its a new vendor but thats it
You won't have a problem until you have a problem, then it is far too late.
Nanny State on Steroids
The UK is broken. I’m moving.
That 2005 sovereign is beautiful .is that double or quad .
Quintuple
Lol, there's no intrusion. You give a bank your money to hold. They have a right to know how you earned it for obvious reasons.
No bank forced you at gun point to open an account with them. The onus is on you.
Do not comply
Every spare bit of currency get it out of the slave system. If your experienced buy privately. If not small orders from various online reputable dealers.
Or just start singing swannee river . Because that's were you are going sailed down. And yes don't tell the govt to f off. You don't have to if your not in their corrupt system that is based on paperwork.
But u need acc to buy those small bits of the small dealers or you meeting them in the street ,you just went round in a circle ,
maintain at least
5 troy ounces of *Gold* 🪙
200 troy ounces of *Silver* 🥈
and
0.01 *Bitcoin* 🪙
i see why as u got big money going through your accounts my bank always message to check i am sending money now never before
👍👍👍
“Fortunate we can use our money” 😡
£4,000 of silver ! I didn't see that
Bail on England. They're bailing on you.
Come here to Uruguay.
Have a future.
Just meet up and pay cash if you have it on hand ?
the Matrix has you...
Gold, silver annd bitcoin.
Err, I've no problem with Barclays.
Bitcoin fixes this,
I've had an account closed for buying bitcoin back in 2021
Isnt it about tax?
Cash is king
Which would you rather have... 1oz of pure gold or £1000 cash?
Not ideal for buying stuff from someone at the other end of the country though...
1984?
Feels like it!
Correct my friend........
Mr Orwell knew what was coming.....😮 .
But when we talking about it, you trying to defend them and always saying: always pay your taxes, bla bla bla. Don’t we pay enough in taxes? I mean everything is taxed, if you making few quid on the side it’s should not been a problem.