Banks, Governments Move To Restrict Personal Gold Bullion Purchases

TheSHTF.com ^ | September 9th, 2011 | Mac Slavo

[KarlInOhio]

Any idea WHY just Houston and certain cities? And is there a list somewhere of the cities?

Did gold get caught up in some scrap metal recycling law meant to keep people from stripping buildings of pipes and air conditioners?

[Paperdoll]

Bump

[Anima Mundi]

Thanks. That makes sense.

[bert]

Gold is being rationed because Austria is running out.

[Paperdoll]

I’ve heard that Obama has made clear his plans for gold somewhere around July 15 while we were all focused on the debt ceiling vote, according to Townhall Spotlight. I’ve also heard that the banks have been instructed to check all safety deposit boxes for gold or any other valuables; the same goes for storage rental units. Google Obama’s stance on gold.<

This was my post earlier in Bubust about the Executive Order singed by Obama on restricting gold to the ASmerican people . I also heasrd that if an American takes more than five ounces of gold out of the co9untry, he/she will be fined $10,000, serve one year in prison, and have his/her gold confiscated.

[Atlas Sneezed]

How soon before outright confiscation?

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It was terrible, and hurt everyone equally (not just the former gold owners, but it wasn’t “confiscation” it was a “buy-up.”

After the buy-up, all dollars (not just the formerly gold ones) were devalued.