Attackers continue their assault on honest money..ID to buy precious metals
http://www.thedropshadow.com/?p=2124
Gold and silver were beaten down at the beginning of 2011. I feel that based upon fundamentals of demand in the market, the correction was more of a great buying opportunity than legitimate market move. If you took the opportunity to add physical metals to your portfolio this year, you may have purchased the last cheap gold and silver available for a long time.
Bill Introduced To Washington Legislature Shames Honest Money Holders
From the government loves you and that is why it is beating you file, legislation has been introduced to the Washington state legislature to track any sale of gold and silver above $100 by collecting every piece of biometric data they can. You can collect honest money, but the government will know everything about you, including what you eat for breakfast. And of course this is for informational purposes only! This has nothing to do with building a registry for confiscation of your precious metals later. Nope!
Honest money is being demonized because it puts power into the hands of the holder, and not in the hand of a bureaucrat who wants to control everything you do in life. An exerpt:
(2) ((This)) For any transaction involving property consisting of
a precious metal, every secondhand dealer or temporary, transient
secondhand dealer doing business in this state shall maintain wherever
that business is conducted a record in which shall be legibly written
in the English language, at the time of each transaction, the following
information:
(a) The signature and photo of the person with whom the transaction
is made. If the amount paid is greater than one hundred dollars, then
the signature, photo, and fingerprint of the person with whom the
transaction is made;
(b) The time and date of the transaction;
(c) The name of the person or employee or the identification number
of the person or employee conducting the transaction, as required by
the applicable chief of police or the county’s chief law enforcement
officer. If the amount paid is greater than one hundred dollars, then
the name of the person or employee or the identification number of the
person or employee conducting the transaction;
(d) The name, date of birth, sex, height, weight, race, and
residential address and telephone number of the person with whom the
transaction is made;
(e) A complete description of the property pledged, bought, or
consigned, including the brand name, serial number, model number or
name, any initials or engraving, size, pattern, and color of stone or
stones, and in the case of firearms, the caliber, barrel length, type
of action, and whether it is a pistol, rifle, or shotgun;
(f) The price paid. If the amount paid is greater than one hundred
dollars the amount may not be by cash but must be by a written
instruction to pay signed by the person giving the instruction;(g) The type and identifying number of identification used by the
person with whom the transaction was made, which shall consist of a
valid driver’s license or identification card issued by any state or
two pieces of identification issued by a governmental agency, one of
which shall be descriptive of the person identified, and a full copy of
both sides of each piece of identification used by the person with whom
the transaction was made.
At all times, one piece of current
government issued picture identification will be required; and
(h) The nature of the transaction, a number identifying the
transaction, the store identification as designated by the applicable
law enforcement agency, or the name and address of the business or
location, including the street address, and room number if appropriate,
and the name of the person or employee, conducting the transaction, and
the location of the property.2) Property consisting of a precious metal bought or received on
consignment by any secondhand dealer with a permanent place of business
in the state may not be removed from that place of business except
consigned property returned to the owner, within forty-five days after
the receipt of the property.It is a class C felony under chapter 9A.20 RCW for a secondhand
dealer to commit a second or subsequent violation of subsection (1) of
this section involving property consisting of a precious metal.
Dutch Central Bank Orders Pension Fund to Sell Its Gold
Central bank needs to confiscate gold, so they have to force it out into the market. What better way than legal bullying of a pension fund? It’s not like people have a right to put their retirement funds in a safe asset. We don’t have free markets when the banks control the legislatures. Confiscation is well underway!
Technical Analysis of Gold, Silver, and Rare Earth Bull Markets
For those who love trending and charting, I present this video. It examines technical factors in relation to the price of each of these metals, and ranks them in order of bullishness. The rankings may suprise you.
GoldCore Analyzes Gold Fundamentals
And of course in addition to a technical analysis of gold, we bring you an excellent fundamentals analysis of factors driving the gold market. Gold is being used as collateral, lease rates are rising, markets are expanding, and an update on some lawsuit action against the biggest gold and silver shorters, JP Morgan and HSBC.
Gold Will Outperform After Stocks Peak
Trendsman tells us why higher interest rates are bullish for gold, long after the stock market has run it’s final race.
Parabolic Inflation and Deficit Hysteria
This article isn’t written about gold, but it is all about gold. As inflation heats up in the US, MIT has developed a new metric to track it that is more honest than the BLS. And we all know that when inflation gets chugging, only gold and silver will preserve your wealth!
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now they start to cut off the escape routes..leading to confiscation down the track? it will be easier to get on a plane than to buy precious metals..take a look..
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