With CT already having a gun-grab bill on the table,
it'd be best for the socialist state if it cancels their citizen's rights now
than try after their heads become clear with visions that maybe they should
get some gold (maybe) afterall! Political blowback
would splatter those political incumbents who stole those rights.
Family-owned coin dealer shop in Connecticut
April 30th, 2013
If you don’t own gold yet, you might really want to
hurry up and get some. We keep saying it, but this time it’s not just
precious metals are getting incredibly scarce. Purchasing gold may become outright illegal if what’s going on in
Connecticut is any indication.
Even if Connecticut’s plan to track all gold sales isn’t a harbinger for a
modern day Roosevelt-like ban on gold ownership, it will at the very least
drive gold bullion dealers out of business with the cost of complying with
the new regulation. That will create artificial scarcity in Connecticut and
could set a precedent for other US States.
From the Connecticut General Assembly website:
AN ACT CONCERNING PRECIOUS METALS OR STONES DEALERS.
To require precious metals or stones dealers to provide a periodic statement
of transactions in an electronic format to the local licensing authority and
retain any goods purchased for at least ten days, and to make the
requirements applicable to precious metals or stones dealers similar to those
applicable to secondhand dealers.
Introduced by: Public Safety and Security Committee
As economist Gary North pointed out concering this bill: “You may recall that the terror of
the French Revolution was run by the Committee on Public Safety.” In the
section on “Bullions and Coins”, the bill says:
For bullion and coin sales, in addition to the
requirements under current law, the bill requires dealers to keep the record
in English, be consecutively numbered, and include the seller’s general
Did you catch that last part about including the
seller’s general description?
This may be only the relatively tiny state of Connecticut, but the very fact
that any government in the US is paying so much attention to gold
transactions should send a very clear signal. Not only should you be running
— not walking — to get more gold …You should also be running to get a lot of it outside of the
US as a clampdown seems to be in the works.
Maybe it’s no coincidence that this bill is being introduced in Connecticut.
It may not be long before the federal government starts publicly associating
precious metals and Bitcoin with “terrorists” who
are trying to hide their purchases of bomb-making materials. The state of
Connecticut and the city of Boston, Massachusetts have been host to the kind
of violence that governments love to use to restrict gun ownership and to
increase surveillance powers. It wouldn’t surprise me if we saw similar
legislation to what Connecticut is proposing coming out of Massachusetts.
Eventually, I imagine such legislation sweeping across the US.
There will come a time when you will simply not be able to get precious
metals because of a lack of supply (and no one will sell at any dollar price)
… or because purchase and ownership of the metals will be flat out illegal.
This isn’t hyperbole. This is a prediction based on history and current
We have all watched as mere penstrokes have
increased the state’s power to monitor, spy upon and kill. Less than eighty
years ago, a US president completely and abruptly outlawed the ownership of
gold in a time of declared crisis. Does anyone reading this really think that
something like that couldn’t hapen again as the
monetary system is its death throes and the US empire is inevitably resulting
in the US police state?
The state will start to take strong action against gold and decentralized
currencies. This is to be expected during The End Of The Monetary System As
We Know It. Make sure to act before it’s too late. Get your gold and then secure it somewhere the US
government won’t be able to steal it.