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Banks, Governments Move To Restrict Personal Gold Bullion Purchases
09-15-2011, 06:13 PM #1
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Posts:1,127 Threads:252 Joined:Feb 2011


Quote:...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 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 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.

As Austria is one of the more developed nations in the Euro Zone, there is a strong likelihood that they are not the sole country implementing these new policies – and that this has been, or soon will be, implemented across the entirety of EU nations....
09-15-2011, 06:40 PM #2
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,202 Threads:1,487 Joined:Feb 2011

Happened right before WW II, look for WW III coming soon. I look for this to creep over to the other side of the pond in short order.


Anonymous Kritter Show this Post
09-15-2011, 07:27 PM #3
Anonymous Kritter Incognito Anonymous
Inside info says WW III is already beginning..

it's been in the works for some time as TPTB

have a big one planned that will get the


back on track.

Look for the Turkey Israel conflict to escalate

09-15-2011, 08:12 PM #4
Upāsaka Member
Posts:1,127 Threads:252 Joined:Feb 2011

A World Resource War has been in effect since 9/11 on us all. The few 'privileges' (you don't have 'rights' in a nation state system) given us by the Slave Masters who let the cattle roam 'free' in the field, have been taken away on the pretext of your security.(watch out for those barbed wire/ electric fences that border your field)
The USA border fence, gives citizens the illusion of keeping out immigrants who are fleeing their NAFTA created hellhole that is 'Narcixico'. While bloated Fed pork barrel spending on 'security' apparatus along the border, with huge kick backs to those who run it. While doing little to curb people who want to get across, they will try again and again. Same situation in Europe with people coming from Africa, It's a sinking lifeboat syndrome, eventually we all go down.

The wars are only going to escalate on (drug-terror- resource- climate- carbon based life forms), think of the millions of combat troops who have served multiple tours in Iraq & Afghanistan. Special black ops that have only increased operations and budget year on year. They are not going to simply lay these trained killers off. Too much money to be made.

Saw an interview on Keiser Report with anthropologist David Graeber who has a new book called - Debt
Quote:Product Description
Economic history states that money replaced a bartering system, yet there isn't any evidence to support this axiom. Anthropologist Graeber presents a stunning reversal of this conventional wisdom. For more than 5,000 years humans have used elaborate credit systems to buy and sell goods. Since the beginning of the agrarian empires, humans have been divided into debtors and creditors. Through time, virtual credit money was replaced by gold and the system as a whole went into decline. This fascinating history is told for the first time.

I intend to get a hold of this at some point. Look at the reader reviews as well.
09-15-2011, 09:05 PM #5
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,202 Threads:1,487 Joined:Feb 2011
spock.gif Fascinating
Quote:Money is rooted in extortion. `Debt' is a vague concept, its very ambiguities serving to disguise extortion as moral obligation. The conquered must pay up because - runs the argument - we inhabit a moral universe. Graeber concludes by asking: Do we really owe those bankers anything at all?
Review from: http://www.amazon.co.uk/Debt-David-Graeb...829&sr=8-2
I may just have to buy this hi5.gif Thanks P. This is the argument Ron Paul was making to cancel the debt to the FED.


09-15-2011, 10:04 PM #6
Upāsaka Member
Posts:1,127 Threads:252 Joined:Feb 2011

I'm sorry JR, but for all the good Dr. Ron Paul says, and he has done more than most to tell people about the evils of the FED system. He is career politician who has been part of the system for most of his Life, he left when he disagreed with Zombie Reagun, and came back into the GOP when he couldn't gain traction outside the two headed one oligarchy party system. It is is the PTB interest to let him run, give people hope that they can change the system from within, which ain't going to happen. Police state run by the banks are not going to agree with Dr.Paul and let him be their Prez Puppet and revoke their FED Charter, which I don't believe can be withdrawn by Executive Order alone.

When the entire US disillusioned 'middle class' (whats left of it) realized they are in the same boat, as the working class poor, they you will have change. But for the most part it will be chaos.

US citizens used to stand up for themselves and take real action (before the eduction system really got to grips with kids minds), they were made of stern stuff. Just read through Howard Zinn's 'A People's History of the United States'. Particularly during the 1890 to the 1920's. Brave Men,Women,Children, immigrants fought and died for what was right, and what is being lost today, without a fight.
09-15-2011, 10:34 PM #7
JayRodney ⓐⓛⓘⓔⓝ
Posts:30,202 Threads:1,487 Joined:Feb 2011
Quote:Police state run by the banks are not going to agree with Dr.Paul and let him be their Prez Puppet and revoke their FED Charter, which I don't believe can be withdrawn by Executive Order alone.

I don't disagree that point, it will fall per Bush Sr's comment “If the American people really knew what we had done, we would be chased down the street and lynched.”
They are indeed learning sir, they are slowly becoming politically awake. The pace is excruciating but people do seem to be coming to their senses.
I seriously don't entertain the notion the POO are going to allow Paul to be president, however he has struck a chord with millions and now we're seeing the entire GOP talking the same line of thinking.
Of course, Perry like Bush and Obama is promising smaller government. Politicians always say that shit when trying to win popularity contests.
Like FDR said Presidents are not elected they're selected.




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