Restrictions Imposed on Personal Gold and Silver Purchases

This is an article I submitted to a blog back in september, but in relation to the crashing of *fiat* paper money it is still very relevant today…..

Sneakily in the last 30 days a policy has been implemented in various european banks to limit customer purchase of gold & silver bullion being sold directly at these banks to customers and to also change the conditions of the purchase, as in not to be done as an untraceable cash transaction, which would guarantee your privacy.Purchases above a certain amount to be done through recordable channels only.

Had you visited an Austrian bank three months ago, you would have had absolutely no problem purchasing a large quantity of gold/silver from the bank. You’d simply call the bank about 24 – 48 hours in advance, let them know you’re coming and how much you needed, and you’d personally pick up your order within a couple days.

A new trend in Austrian (and perhaps the rest of Europe’s) banking policies suggests that certain interested parties are attempting to control the sale and personal acquisition of gold/silver as safe haven assets. What we experienced first hand should be a wake up call for not just Europeans, but Americans as well.

The policy change was quiet, has not been reported by any media outlets that we’re aware of, and no mention of the new policies is made on the web sites of Austria’s largest banking institutions (though it is clear they vehemently comply with U.S. anti-money laundering measures and the Patriot Act)

According to the bank representatives and manager we  (www.SHTFplan.com)   spoke with, Austrian banks have now been ordered to restrict the sale of gold and silver bullion purchases and are limiting personal acquisitions of precious metals to 15,000€ (approximately $20,700 USD) at a time, or 11 ounces of gold at today’s prices.

Upon further discussion we (mac slavo) learned that these policies were implemented over the course of the last 30 days, and they are now standard operating procedure. The reason given was the banks had come under pressure from EU, Austrian and U.S. officials, with this particular manager specifically citing U.S. money laundering initiatives and the EU’s Third EU Money Laundering Directive which was implemented across the zone in December of 2007.

The idea that these restrictions have been put in place as anti-money laundering measures is laughable. As we all know, if a drug cartel or other criminal organization wanted to launder money, they wouldn’t do it in person purchasing bullion coins at a local banking branch. They’d simply pick up the phone and contact a too-big-too-fail bank (video), as we’ve seen with the billions of dollars recently laundered through U.S. banks. You may remember there was very little reporting on this issue from mainstream media and it has been ignored by U.S. prosecutors…..see mac slavo… www.SHTFplan.com

The message here is *they* know where the value is and the public is to be restricted in acquiring i to protect themselves, so go forth and do what you need to do people.

Other interesting information updated today from 24H gold,
Currency Wars: Restricting Gold and Silver Sales in France….link

http://www.24hgold.com/english/contributor.aspx?article=3639677588G10020&contributor=Jesse

the law;

http://www.legifrance.gouv.fr/affichCodeArticle.do?idArticle=LEGIARTI000020861826&cidTexte=LEGITEXT000006072026 

France is also tightening control of the metals like so;
This law is basically saying that retail “metal” transaction OF ANY AMOUNT cannot be paid in cash. It further says that there is a limit to how much metals can be transacted via retail up to a limit set by decree (not yet specified).
Any retail transaction above 450EUR must be paid via bank transfer (ACH). This is encompassing all goods and services, not just metals. A gold coin & bar dealer in Paris said  that their legal counsel is awaiting for the final interpretation of  this new law sometimes this week.

In the mean time, they still sell gold to retail customers and accept cash payments without requiring an ID for transactions up to 3000 EUR per day per person but warned that it may change any time.

And so there you have it. If you wish to buy gold and silver unobtrusively in France you may wish to do so now. Otherwise be prepared to start using bank transfers including credit cards for all transactions in any metal, and all large transactions for anything it seems. If this is being implemented in these countries rhen rest assured the restrictions will be applied in tandem across eu/uk/usa.

This antiquated old-fashioned metal, as the banksters like to portray, is the *real* money of this planet durable true unprintable stops fraud and corruption, also would  stop otherwise unaffordable wars, and the banksters and their bed-fellows hate it and manipulate it as well as silver .Over the past 10 years when the greed/fraud/theft and money printing went into the stratosphere, every tom dick and harry they could muster was on all media bad-mouthing gold as an investment or even a metal of worth, as in secret, they were all busily acquiring said metal.

You will find that the *paper* price and the hard metal-in-your-hand-price are two different things. In many cases now the hard stuff is being traded for goods and services, and so it should. In china the government is openly encouraging it’s citizens to buy gold and silver on a weekly basis from the many vendors in chinese cities, as a way for the people to protect themselves against inflation caused by hyper-overprinting in the usa.uk/europe, at least they are giving their people a chance. In Vietnam he only way you can buy a house is with gold, in India and Pakistan it is traditional for families to acquire gold and silver as a store of wealth. A few weeks back Donald Trump made his point on the over-printed dollar by accepting a deposit on one of his buildings in gold.

STOP THE FIAT FRAUD, the buck and the wars stop with GOLD.

for the full explanation of WHY everything is happening, please read a previous article, it has been planned since the 60a under cover of darkness, but now we see….

beforeitsnews.com/story/1193/088/TECHNOCRACY_GLOBAL_NEW_WORLD_ORDER_SMARTGRID.html