Precious metal distributors: enemies of the state?

The City Council in Houston is enforcing strict new rules and regulations for those selling gold, silver, and all other precious metals.

The council says they are taking such measures in order to prevent criminal activity – they want to stop those who try to resell stolen valuables. Advocates for these new laws believe the will be able to more effectively “combat a lot of the high-end jewelry thefts that’s going on in the city, whether it’s robberies or burglaries,” according to Houston Police Officer Rick Barajas.

Prior to this announcement, a similar ordinance had already been in place for scrap metal sellers and dealers. But we’re reading between the lines here…this is not simply being done in order to thrwart criminal activity. It’s being done to protect the government’s control over monetary policy.

This reiterates the fears of many people who now believe gold holders – both distributors and buyers – are now targets of intense government interest.

The argument goes like this: if you have purchased gold as an investment in the past decade, you have sent a message to the Fed and the government that you are no longer confident in the spending power of the U.S. dollar, nor do you trust your nation’s ability to follow through with sustainable monetary policies.

As more and more people hedge inflation with precious metals, the government counters that action with an equal and opposite reaction – they’re doing everything in their power to keep you from owning gold and silver.

It all starts with a few new laws and regulations; a lot of red tape, pointless documentation, and a headache of a process. As long as you remain a skeptic of fiscal and monetary policy enacted by our government, you remain a target of that government.

Central bankers, now more than ever, view individual gold hoarders as enemies of the state…

This is only the beginning of a longterm war between the big-guys (greedy central bankers and scheming politicians) and the little guys (you, me, and everyone else on the outside.)

Keep reading for tips on how to fight this battle and protect your wealth in the months and years to follow…

precious metals