Gold And Silver Ownership And Prices Not Be Affected By Dodd-Frank Legislation On July 15

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Wed, 06/29/2011 - 07:51 | 1411124 GetZeeGold
GetZeeGold's picture

 

Boom.........winning!

 

 

Wed, 06/29/2011 - 09:33 | 1411423 66Sexy
66Sexy's picture

There IS no law, when law favors the connected and wealthy.

It is just part of the other ficticious institutions of elitist control that are collapsing before our eyes; like education, religion, State, and fiat currency.

The laws of a debtor nation controlled by international banking interests, corrupt politicians, and globalist outsourcing corporations are NOT representative of the population, and are therefore ILLEGITIMATE.

Wed, 06/29/2011 - 07:55 | 1411126 Crisismode
Crisismode's picture

One more small step towards confiscation.

Wed, 06/29/2011 - 08:15 | 1411138 GetZeeGold
GetZeeGold's picture

 

Five bucks and you can dig an ounce of silver out of the the ground. </sarc>

Replant it and the costs go to almost nothing. Confiscate that.

 

 

Wed, 06/29/2011 - 08:36 | 1411222 Long-John-Silver
Long-John-Silver's picture

My burying costs could be calculated in two ways.

1: $1,200 in concrete and re bar in the form of a patio with an additional $800 for a brick BBQ costing me $2,000 to bury my Gold and Silver.

 

2: Burying my Gold and Silver under my nice Patio with a brick BBQ cost me nothing extra.

 

Wed, 06/29/2011 - 11:35 | 1411965 augie
augie's picture

you wouldn't happen to be Portuguese would you? I don't mean to be rude if you are, I just have a few friends who are decedents of Portuguese, and  that sounds exactly the way a portuguese male would validate building himself a patio/BBQ. 

Wed, 06/29/2011 - 08:10 | 1411145 Landotfree
Landotfree's picture

Sorry but I can trade whatever I want.  The government has no ability to regulate my private rights to trade under the guise of "public rights".   The United States government has no ability to dictate whether I can trade in silver and gold or silver and gold contracts. 

The government has been telling me for decades what I can and can't do, but I just keep on using my God given rights and tell them to stick in their ass.

You guys would bend over and take it, if someone from the government told you too.   Eventually, if you do not know where your Rights come from, you will be lost in the law of fiction of the State.  Your Rights do not come from the Constitution and your Rights do not come from government.

Wed, 06/29/2011 - 09:28 | 1411449 66Sexy
66Sexy's picture

There is no law.

Wed, 06/29/2011 - 10:16 | 1411656 Silver Shield
Silver Shield's picture

Who cares about your bet if the casino is demolished?!

http://dont-tread-on.me/who-cares-about-your-bet-if-the-casino-is-demoli...

Wed, 06/29/2011 - 08:05 | 1411146 johngaltfla
johngaltfla's picture

Like I said in the other threads on this subject. See, I told you so comes to mind...

Wed, 06/29/2011 - 08:10 | 1411151 Jambo Mambo Bill
Jambo Mambo Bill's picture

Here we go again...

Wed, 06/29/2011 - 08:08 | 1411158 oldmanagain
oldmanagain's picture

Regulation of fraud helps trading.

Wed, 06/29/2011 - 08:14 | 1411162 cossack55
cossack55's picture

No, the article said the CFTC will be in charge.  There will never be fraud in the various PM markets under the keen, hawk-like scrutiny of the CFTC. 

:) (probably unnecessary)

Wed, 06/29/2011 - 09:22 | 1411470 dexter_morgan
dexter_morgan's picture

lol

Wed, 06/29/2011 - 08:22 | 1411164 GetZeeGold
GetZeeGold's picture

 

If we can just get the CFTC away from the sushi bar long enough to enforce the regulations.....it will all be good.

How pathetic is it when everyone jokes about the CFTC......and everyone knows it's true.

Looks like shame has gone out of style.

 

Wed, 06/29/2011 - 09:24 | 1411459 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Yes, Bill Clinton started that trend!

 

Tuco Benedicto Pacifico Juan Maria Ramirez

Wed, 06/29/2011 - 08:29 | 1411204 tiger7905
tiger7905's picture

Looks like under Basel rules gold may be upgraded to a Tier 1 asset in Q3 2011

http://goldandsilverlinings.com/?p=1348

Wed, 06/29/2011 - 08:28 | 1411191 doesmybuttlookf...
doesmybuttlookfatinthis's picture

I'm starting my own ETF based on drilling in hip-hop and rap stars mouths. Mr T will be my fund manager and actual metals will be stored in Flav-o-Flavs mouth. YEAHHHH! BOY!

Wed, 06/29/2011 - 08:33 | 1411217 PeaBird
PeaBird's picture

too funny...

+9999

Wed, 06/29/2011 - 11:27 | 1411902 Thisson
Thisson's picture

Flav and Mr. T. will be bazillionaires in the next cycle.

Wed, 06/29/2011 - 08:47 | 1411256 TeMpTeK
TeMpTeK's picture

Anyone living and working in the fifty states of the union are NOT US resident's.......US Residents are residents of D.C., Guam, American Samoa, US Virgin Islands, Puerto Rico...etc.. US Territories ONLY!!!!!

This is not opinion...this is fact....

Wed, 06/29/2011 - 08:53 | 1411302 Landotfree
Landotfree's picture

Either way they can only setup agencies to regulate "public rights".  A free person trading in gold and silver or contracts is not engaged in a "public right", that is a God given Right.

Wed, 06/29/2011 - 08:48 | 1411282 Oh regional Indian
Oh regional Indian's picture

Just more uncertainity is all. Keep everyone off-kilter.

if they can do this, what else can they do? Confiscate? Bury? Metal detectors? Safes? Guns?

Between Forex and Metals markets manipulations/arbitrages, PTB can keep screwing us all till end game.

Hwo many variables do you control?

ORI

http://aadivaahan.wordpress.com/2011/06/28/thoughts-and-a-heads-up/

Wed, 06/29/2011 - 09:38 | 1411517 TruthInSunshine
TruthInSunshine's picture

I plan on storing all my gold and silver in those kewl warehouses (Metro something?) Goldman Sachs has in the Detroit area.

They only charge so much per ton, and I know it will be safe when the riots break out. Plus, Goldman Sachs is one of a select few warehousers licensed by the LME, and Goldman has a long and storied history of integrity, fidelity and trust.

It costs more you say? How can I be sure my precious will be there, you ask?

I just know...deep in my heart...that when worst comes to worst, my physical gold and silver will be there for me, and Goldman will provide me that key support that makes dealing with their firm a real treat.

 

Wed, 06/29/2011 - 10:13 | 1411660 White.Star.Line
White.Star.Line's picture

Your plan is stellar!

Perhaps diversify your physical held by Goldman (in Detroit!) with some "promissary paper" offered by JPM.

Wed, 06/29/2011 - 11:29 | 1411917 Thisson
Thisson's picture

Who knew they were doing God's work in Detroit?  I guess the Blue's Brothers were before their time.

Wed, 06/29/2011 - 10:08 | 1411618 ONEPurpose
ONEPurpose's picture

TruthInSunshine, I really hope you are joking.

To everyone else, I have just recently finished the amazing book, The Pedagogy of the Oppressed. It seems that, according to the author, that the oppressed are the only ones who can fix the dehumanization of society. The oppressor cannot, his quickness to see all people as objects, as 'things' dehumanizes the oppressed, and himself.

In liberation, the oppressed must not become the opressor. The oppressed must rehumanize the oppressor. The New Man is neither oppressed nor oppressor, he is revolutionary.

It is timez. To be a new class of human, one who sees oppression, and acts.

Current project: Silver Viral Project: Operation Financial Sanity.

Wed, 06/29/2011 - 10:32 | 1411706 TruthInSunshine
TruthInSunshine's picture

I was joking.

There is an alternate title for The Pedagogy of the Oppressed. It's called "it puts the lotion on the skin or else it gets the hose again."

Author- Mayer Amschel Rothschild

Dedicated to The New York Branch of the Federal Reserve Bank, JP Morgan & Goldman Sachs

Foreword by Steve Cohen & William Dudley

Commentary by Hank Paulson

Do NOT follow this link or you will be banned from the site!