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To: Robin Plunder who wrote (103122)5/7/2009 10:20:04 PM
From: ScatterShot  Respond to of 110194
 
Neither site mentioned reporting requirements of their buy transactions. That's when you most have to worry, I'd think.
I do remember selling some silver bars maybe 10 years ago to a downtown dealer, and no questions asked. Maybe my name, but nothing in depth.



To: Robin Plunder who wrote (103122)5/8/2009 1:13:13 AM
From: benwood4 Recommendations  Read Replies (2) | Respond to of 110194
 
Personally, I assume all electronic transactions are recorded and databased, not only by the card companies, but by the gov't, ala e-mail snooping and telephone taps. By all, I mean 100%. I also assume that all positioning device, e.g. cell phone, Blackberry, gps tracker on the auto, etc., result in archived data, perhaps not all the time yet, but eventually.

I might be wrong about the complete databasing... yet. But it's coming. There will be (and I'm sure *are*) people employed to write programs to prowl through the data sets with various algorithms to pop people up as candidates for closer examination. Essentially, the same as the IRS. As computers get faster, the time delays will cut down, video will be added, etc.