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RE: The US Dollar Value Hits Multi-month Lows, as Bitcoin Nears $3000. By Gregory Mannarino
Good to know for we just sold our home here in the Toronto area,in Canada . But sale does not close until the end of the month. How do you move a lot of $ out of the bank from our sale without being noticed? If my wife & I bought bitcoin would it be hard to take out in a lump sum? Say to withdraw to buy silver?
From what I've heard of your RE market...very smart move. Your question on how to move money. the problem with answering that is that the channels will then become known, and then destroyed. You have to figure that out for yourself, because its all very much based on your situation... Staying in Canada, or moving to a safe zone like Singapore, Hong Kong, Panama, etc? Buying new house at some point? Other future plans? All that has to be considered. But answering the question, after your closing you will either get a cashiers check, or there will be a bank wire to your account...they will not give you cash at a title company. And you will not be able to get the money out of a bank without a paper trail...that's why we are all moving to cryptocurrencies. You have to think carefully about what your plans are before you make any moves with large amounts of money. In my opinion, have the proceeds wired to your bank, and then research, likely for a long time, before you make an important decision with your money.