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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who started this subject2/2/2004 8:36:46 PM
From: Proud Deplorable  Read Replies (2) of 110194
 
<FONT COLOR=RED>SAFE DEPOSIT BOXES BANNED IN USA

</FONT>

freedomcommittee.com

GOLD, SILVER, PLATINUM, PALLADIUM AND DIAMONDS

The Gestapo has finally moved against coin owners. A number of banks,
"Washington Mutual, Sterling Savings & Venture Bank have sent out changes of
terms notices to all of their customers. As of 1/1/04, you wont be able to
store cash, or gold and silver, in your safe deposit boxes. This is being
done under the guise of terrorism and national security."

The new Intelligence Spending Bill (HB2417) that has just been passed
provides that institutions reveal their customers private financials as
well as general information, including tangible things. Banks must now spy
on you along with, stock brokers, operators of credit-card systems,
insurance companies, dealers in precious metals and stones or jewels,
licensed senders of money, telegraph companies, airplane and boat dealers,
realtors and estate closings and the US Post Office. George Orwell must be
having a good laugh. He gave us the roadmap to fight the conspiracy, but
Americans were not interested. There was no debate on this Bill. Coin
dealers will have to turnover records to the government upon request and if
you hoard your gold at home you are anti-American and a potential terrorist
or a sympathizer.

I recieved several skeptical private emails when I first made this assertion
of a seemingly obvious upcoming gold confiscation. I studied the convoluted
HR-2417 closely and it is a tangled mess, which, I imagine is intentional.
Here is another report that concurs with my original assumption.

Source:
The Lamb Report
lambreport.com

GOLD TO BE CONFISCATED IN U.S.--FIRST STEP
lambreport.com

12/25/2003

Congress authorizes Ashcroft to track gold in the U.S.
Posted by: Admin on Tuesday, December 23, 2003 - 03:46 AM GMT

According to HR 2417 (Section 374), which became Public Law 108-177 on Dec.
13, 2003:
thomas.loc.gov

(a) MODIFICATION OF DEFINITION- Section 1114 of the Right to Financial
Privacy Act of 1978 (12 U.S.C. 3414) is amended by adding at the end the
following:

'(d) For purposes of this section, and sections 1115 and 1117 insofar as
they relate to the operation of this section, the term 'financial
institution' has the same meaning as in subsections (a)(2) and (c)(1) of
section 5312 of title 31, United States Code [...]'

where the Financial Privacy Act was one of the victims of the USA PATRIOT
Act (Section 358). Now HR 2417 redefines "financial institution" to match
U.S. Code Title 31 Section 5312:

(2) ''financial institution'' means -
[...]
(N) a dealer in precious metals, stones, or jewels;

This could be a prelude to an FDR-style outlawing of gold possession. For
more on the future of gold vs. paper money, see the Dec. 28, 2002
UnderReported.com story China deregulates gold; country's demand to double,
affecting world market.

H.R.2417
Intelligence Authorization Act for Fiscal Year 2004 (Enrolled as Agreed to
or Passed by Both House and Senate)
thomas.loc.gov

NARA | Federal Register | Public Laws: Current Session of Congress
archives.gov

Public Law 108-177

archives.gov

In reply to:

Picked this up on the net somewhere. Author unknown

"A number of banks, Washington Mutual, Sterling Savings & Venture Bank have sent out changes of terms notices to all of their customers. As of the beginning of 2004 you won't be able to store cash, or gold and silver, in your safe deposit boxes.

This is being done under the guise of terrorism and national security. The new Intelligence Spending Bill (HB2417) that has just been passed provides that institutions reveal their customer's private financials as well as general information, including tangible things."
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