Control freak and revenue hungry government wants to audit gold sales. Kurt Nimmo Prior to the failure of the Illinois legislature to force citizens to register outlawed firearms, the state moved to place restrictions on the sale of gold.
In 2012, the Illinois General Assembly passed the Precious Metal Purchasing Act. SB3341 states
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. (Emphasis added.)
“So let me get this straight," writes Mike Krieger of Liberty Blitzkrieg. "First they want gun registration and now precious metal registration? I'm sure the government would only use such information in our best interests, because as we all know: Your Government Loves You. Sounds reasonable, after all, only ‘terrorists’ buy guns and gold anyway.”
Although the bill has yet to see the light of day, it reveals the control freak mindset of government, especially in Illinois where a long-entrenched mafia has ruled Chicago and the current don is a former high-level Obama administration commissar.
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the Digital Millennium Copyright Act (found at the U.S. Copyright Office) and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.