Connecticut Begins Gold Dealer ShutdownJeff Berwick 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 sellers general description. Did you catch that last part about including the sellers general description? Maybe its 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 wouldnt 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 isnt hyperbole. This is a prediction based on history and current trends. We have all watched as mere penstrokes have increased the states 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 couldnt 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 its too late. Get your gold and then secure it somewhere the US government wont be able to steal it. linkwithin_text=Related Articles: 