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

Tyler Durden's picture

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GetZeeGold's picture

 

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

 

 

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.

Crisismode's picture

One more small step towards confiscation.

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.

 

 

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.

 

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. 

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.

johngaltfla's picture

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

oldmanagain's picture

Regulation of fraud helps trading.

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)

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.

 

Tuco Benedicto Pacifico Juan Maria Ramirez's picture

Yes, Bill Clinton started that trend!

 

Tuco Benedicto Pacifico Juan Maria Ramirez

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

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!

Thisson's picture

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

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....

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.

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/

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.

 

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.

Thisson's picture

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

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.

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