Bank Withdrawals?

[Andrew Lynch]

Let me dream for a second and say that I have a bank account with several hundred thousand dollars in it. I would feel more comfortable with this money in my possession than in a bank, away from the chance it will fail and government in general. What would be the easiest way to withdraw this without arousing suspicion?

(I'm more curious than anything, I don't have the kind of money for this ever to be useful to me, at least not at the moment)

 

[WHITE NOISE]

Well, with Fractional Reserve Banking, your bank of choice only has to have 1/10th of the money deposited on site. The other portion of monies are loaned out for instance. Bank with confidence

 

[space hillbilly]

I believe a bank withdrawal under 10k, the bank will not report it to the government, so if you take it out a little at a time, I think you would be ok....

 

[jaxvid]

I think it's about $4k now that is reported.

I would have a check cut to a gold seller and buy gold. That way you get to hold on to your money AND get better value then FRN's. But there is probably a law against doing that anyway.

 

[DixieDestroyer]

The Bank$ters are none too happy about folks awakening to the weak, fiat nature of the dollar. I'd recommend loading up on precious metals (on hand) that have intrinsic value. As for withdrawal from the bank, I'd suggest doing in incrementally.

White Noise, good reference to fractional reserve banking...another favorite method of the Central Banking Cartel.