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<p>[QUOTE="imrich, post: 26134028, member: 22331"]I believe you'll find that tangible commodities aren't "traded" they are purchased and sold minimally at a "fair market value".</p><p><br /></p><p>I have on multiple occasions lost the bags of pre-paid Silver coins being purchased and resold by a coin dealer who wasn't collecting "Sales Tax".</p><p><br /></p><p>The "Dealers" filed Bankruptcy, and restarted their business, after the State confiscated their inventory!</p><p><br /></p><p>I dealt with Hannes Tulving for many years finding him to be the finest "Dealer" I'd met, where we would "trade" with each other, without a tax filing. </p><p><br /></p><p>I believe he was imprisoned for actions that others escaped by filing Bankruptcy:</p><p><a href="https://www.cftc.gov/PressRoom/PressReleases/7875-19" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.cftc.gov/PressRoom/PressReleases/7875-19" rel="nofollow">https://www.cftc.gov/PressRoom/PressReleases/7875-19</a></p><p><br /></p><p>I believe a fair "Jurist" realized the individual sincerity, and sentenced him as lenient possible.[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 26134028, member: 22331"]I believe you'll find that tangible commodities aren't "traded" they are purchased and sold minimally at a "fair market value". I have on multiple occasions lost the bags of pre-paid Silver coins being purchased and resold by a coin dealer who wasn't collecting "Sales Tax". The "Dealers" filed Bankruptcy, and restarted their business, after the State confiscated their inventory! I dealt with Hannes Tulving for many years finding him to be the finest "Dealer" I'd met, where we would "trade" with each other, without a tax filing. I believe he was imprisoned for actions that others escaped by filing Bankruptcy: [URL]https://www.cftc.gov/PressRoom/PressReleases/7875-19[/URL] I believe a fair "Jurist" realized the individual sincerity, and sentenced him as lenient possible.[/QUOTE]
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