Cash-Sniffing Dogs

[j r]

If you guys ever need to get money out of the country and you have a lot the easiest way is either diamonds or treasury instruments. US government debt comes in huge denominations. You could get one T-bill or note with all your wealth right on it and move it out of the country in your pocket. Not really smart to put it all on one instrument just in case you do get caught, so you should buy several denominations and hide them on you and in your bag.

diamonds are great for moving large sums around the world and are globally accepted

It is also legal to do so. In Canada the price to bring diamonds in is 5%. Plus they let you value the diamonds yourself. So if you were bringing in a million worth of diamonds you could lie and say it was 500k and just pay 5% on that. It is a very easy way to move money out. Not to mention you can go anywhere in the world and Jew will buy them off you for cash.

Yeah, they'll buy them alright, for a lot less than you paid. Go read up some of the stuff surrounding the lie that is/was the diamond cartel, the price fixing, and the bullshit myth that diamonds are an investment.

I am well aware of the cartel and how prices work. I own glitter and greed. I also trade in diamonds. The price fixing works to my advantage.

Not only do wholesalers pay up they pay more than what I purchase the diamonds for. So no it is not true that they buy them for a lot less than you purchase them. I am not a special case either. That is how the industry works.

Can you elaborate on this? From everything I know about diamonds, wholesalers buy their diamonds straight from cartels or they get traded through tight networks. How can a civillian go somewhere, other than Sierra Leonne, buy some diamonds and take the somewhere else and sell them for more than their worth? I can see if you have some special connections in the industry, but you're saying that you don't.

 

[BIGINJAPAN]

I get them straight from the congo. I have them cut in Canada and I sell them to the wholesalers. Anyone can do it and as far as I know you can bring back any dollar amount as long as you pay the tax on it.

Why are you using the word civilian ? These aren't soldiers

 

[j r]

By civillian, I mean someone who isn't already in the diamond business.

My understanding of the diamond industry is that the cartels control the global supply, especially in large, high quality diamonds. The cartels keep this stuff in limited supply to keep the price high. Wholesalers don't start buying second-hand diamonds and diamonds from other sources, because the cartels will cut them off from the supply of high quality diamonds, which is where they make their real money. So, the idea that the average person could buy $20k worth of diamonds in NY get on a plane to London and sell those diamonds for $20k, thereby moving that amount without declaring it, doesn't seem believable.

If you're talking about importing uncut stones and selling polished diamonds, that's a different story. But I would still think that the average dude would lose unless he already had the connections. You have to get to Congo and buy diamonds, without getting ripped off or worse; get them out of the country without getting shaken down; find a polisher who you trust; and then find a wholesaler who is actually going to pay you what they're worth. Can someone who hasn't spent years in the business already pull that off?

 

[BIGINJAPAN]

The cartel controls 50% of the market. Moving 20k in diamonds around is nothing, that is a drop in a bucket. We are talking about a multi billion dollar a year industry. I am sure being Canada is an advantage as we are such a small market that they wouldn't even care what is going on here. We are also licensed and pay the import tax. So it's not like we are sneaking around.

I just started doing this at the end of last year. This is my 5th month being involved in it. I have a friend who was born and raised in Kenya and he found the congolese contact last year. I would never set foot in the Congo myself so I don't really know the dangers of it. But these guys move in and out of the country no problem. We get the diamonds cut and polished in Calgary and so far just sell the finished product here in Alberta. But in the next couple weeks I will be flying around meeting other wholesalers. So far we have had no problems selling the stones for exactly what we want for them.

Could things go wrong and we get fucked ? Perhaps. But you never get ahead in life if you don't take chances. Also I am just playing with house money now. After the third trip my original investment has been exceeded. We net about 40% return on each trip.