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View Full Version : Gold And Silver Registration In Illinois................. V



Ponce
10th January 2013, 05:19 PM
Next they will call them "stratigic" metals and then simply take them away without any payment......
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A bill to register gold and silver coins: It had to come. It has been introduced in Illinois, the most anti-gun state in the USA. … Creates the Precious Metal Purchasing Act. Provides that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal shall not pay for the precious metal in cash and shall record the method of payment. Requires the purchaser to keep a record of the sale for one year or, if the purchase amount is over $500, for 5 years. Provides that a person who violates the Act is guilty of a petty offense and subject to a fine not exceeding $500. Provides that the Attorney General may inspect records, investigate an alleged violation, and take action to collect civil penalties. − TeaPartyEconomist.com

Dominant Social Theme: This is to keep everyone safe.

Free-Market Analysis: Thanks to economist Gary North for this one. The bill, Illinois SB3144, passed the state senate in the spring and was handed off to the house this fall. With three amendments introduced in the house, it now sits in committee (see ilga.gov for progress). But we’re not ready to announce from our perspective that this is the rollout of an elite dominant social theme.

That’s because we haven’t seen enough of a run-up. The power elite we analyze seem to promote themes with significant intensity. This news is not being marshaled at a high level among many mainstream publications, from what we can tell.

But that won’t make it a meme, in our view. You see, there is no fear-based justification. Ideally, such a significant move would only come after due provocation. Notice a renewed push for gun control is being launched after two terrible shootings in particular that received extensive nationwide media attention.

This is how power elite promotions work. The provocation is widely disseminated and the result flows naturally out of the issue at hand. Whether the issue at hand is merely an unfortunate incident or something else is an argument for another day. In this case, the provocations seem strangely lacking.

In fact, we mention a dominant social theme above but it is not one that has been brought to bear.

As it has not, we provided a rationale that might work. The purchase of gold and silver has to be tied to some national security issue. That’s how things seem to work currently.

MORE HERE

This is unbelievable!They want to use the same tactics as with gun registrations.Once people submit this information they know where to go to take their guns away in the future,in this case, their gold and silver.

http://beforeitsnews.com/gold-and-precious-metals/2013/01/gold-and-silver-registration-in-illinois-2467716.html

mamboni
10th January 2013, 06:19 PM
No one smart enough to buy metals will comply with this stupid law. It will merely drive more businesses out of Illinois and buyers will circumvent this corrupt state.

palani
11th January 2013, 02:34 PM
http://www.ilga.gov/legislation/fulltext.asp?DocName=&SessionId=84&GA=97&DocTypeId=SB&DocNum=3341&GAID=11&LegID=64562&SpecSess=&Session=


Section 5. Definitions. As used in this Act:
7 "Precious metal" means any item containing, in whole or in
8 part, gold or silver or any alloy of gold or silver.

If worried about this then start looking at palladium and platinum. They are not precious metals.

Cebu_4_2
11th January 2013, 03:39 PM
palladium and platinum.

Away for a bit and cant look, before I forget though are these radioactive? Sound like it.

palani
11th January 2013, 03:41 PM
Nope. Just VALUABLE. And more rare than either gold or silver. Plus the Russians have the markets cornered on both.