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Gold criminals - Houston TX

SpoolySpooly Posts: 2,108 ✭✭✭
in Precious Metals
Wave of the future.

Houston Passes Ordinance Requiring Gold & Silver Sellers to Submit Fingerprints & Mugshotsimage
Si vis pacem, para bellum

In God We Trust.... all others pay in Gold and Silver!

Comments

  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    Crazy... I can see people walking in with a large quantity of PMs for some sort of identifications but dealers? Seriously?
  • derrybderryb Posts: 36,788 ✭✭✭✭✭
    this is good news for owners of metals, it helps catch those who steal their metal

    The burden is placed on businesses that buy the metal:

    "Gold-buying businesses will now be required to photograph and fingerprint sellers as well as photograph the items that are being sold to the dealer."

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • joefrojoefro Posts: 1,872 ✭✭
    I wonder if this will apply to coin shows as well.
    Lincoln Cent & Libertad Collector
  • StaircoinsStaircoins Posts: 2,566 ✭✭✭
    This applies to Crafted precious metals only (i.e. jewelry). Coins and bullion are specifically exempted from the ordinance.

    For the specific language, go to this PDF and scroll to page 112: http://www.houstontx.gov/citysec/backup/2013/020513.pdf
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