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 Replies: 27 / Views: 12,802 |
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Pillar of the Community
Canada
659 Posts |
Thanks for the info, JGG.
So far, I see no mention of prohibition of precious metal "collectibles" at the Canada Post site, just non-manufactured bullion.
I can't find any mention of prohibition of sending precious metal collectibles within Canada at either DHL or Fedex sites.
Has anyone found confirmation in writing?
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Pillar of the Community
Canada
5324 Posts |
One would guess the RCM will have a compliance exemption with CP and Fed ex, this will give them a huge heads up on the single sellers as they have no options to deliver. This all depends on how hard it is to get this exemption or big players like Ampex will have no options for delivery, sometimes the governments just get to carried away instead of looking at the obvious why does the big 5 banks in Canada have huge branches in like Cayman Island ? Edited by john100
12/12/2018 10:57 pm
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Pillar of the Community
Canada
3690 Posts |
We'll never get any information from RCM but I have to believe the Canadian based coin dealers have researched the issue of shipping domestically. That is, if it now requires an agreement be in place, then they would have had to do it. I know I have received a shipment via CP from a dealer in the past month. Also, if packages where being seized or refused for shipping we would have seen it in the news or social media. Does anyone have a good relationship with C/A, CC&C or Gatewest that could ask one of them? Where is gatewest? He's often on this forum and must have some info. John100 you are absolutely correct. Governments often leap before they look. |
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Pillar of the Community
 Canada
798 Posts |
I sometimes wonder if weak policy makers simply get lobbied into signing bad legislation by special interest groups.
This kind of makes the silver/gold stacking community not look so crazy anymore ...
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Pillar of the Community
Canada
659 Posts |
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I sometimes wonder if weak policy makers simply get lobbied into signing bad legislation by special interest groups.
This kind of makes the silver/gold stacking community not look so crazy anymore ... You can be sure that the so-called "special interest groups" are the only ones that benefit from the changes they implement. |
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Pillar of the Community
Canada
2984 Posts |
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"non-manufactured precious metals" If that is the description of the banned product, then coins are ok to be shipped because coins are definitely human made (manufactured). Edited by MoneyPenney
12/13/2018 06:22 am
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Pillar of the Community
Canada
5324 Posts |
It clearly states coins and stamps of all things, there has to be a logical work around or so many large players would lose their business model, like ebay they had a booth at last years FUN show promoting their coin section |
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Valued Member
Canada
65 Posts |
interesting, if we cannot have our coins shipped I guess we have to by them from a Canada Post oulet hahahaha
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Pillar of the Community
Canada
659 Posts |
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It clearly states coins and stamps of all things on the Fed-Ex site, but Canada Post site prohibits non-manufactured. No mention of coins and stamps. |
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Pillar of the Community
Canada
798 Posts |
I spoke to a legal representative for Canada Post after a long long run-around. She cited Article 24 of the United Nations Treaty #8847 as the reason why Canada Post has banned bullion and coins from entering the mailing system. She also mentioned liabilities surrounding money laundering, securities fraud and FINTRAC legalities that other countries may not adhere to. I left with more questions than answers. That United Nations Treaty is from 1967. Second of all, what does FINTRAC have to do with buying coins on ebay. Third off, securities fraud? Coins are now a security. What a pile of nonsense. I asked why RCM can ship through Canada Post and she said that they have entered into an exclusive agreement with CP and that they provide their own securities reporting and insurance. HAHA. The World has gone mad. |
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Valued Member
Canada
128 Posts |
I really don't like this I used to buy a lot from APMEX and it looks like that is done . With making $1000 bills non-currency and passing a bill allowing banks to take customers deposits and turning them into shares if they get into trouble makes one wonder if we should be starting to dig holes in the back yard. |
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Pillar of the Community
Canada
659 Posts |
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passing a bill allowing banks to take customers deposits and turning them into shares makes one wonder if we should be starting to dig holes in the back yard. Some people still aren't aware that the money they deposit into banks is no longer theirs. Depositors immediately become creditors and will be last in line when banks fail. Filling backyard holes with real money (gold and silver) that the banking cartel can't touch is a good idea. |
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Pillar of the Community
Canada
798 Posts |
"Depositors immediately become creditors and will be last in line when banks fail."
Exactly! Most people think they are 'depositing' money, but really they are loaning the bank money ... and the bank is charging them to do it!
Anyway, I've started making weekly purchases at my local LCS with cash now that the government has decided to take an active role in monitoring and preventing silver/gold purchases.
Edited by JGG
12/22/2018 06:38 am
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Moderator
 United States
54282 Posts |
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Filling backyard holes with real money (gold and silver) that the banking cartel can't touch is a good idea. Gives people in future centuries a trove to find! |
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Pillar of the Community
Canada
532 Posts |
It seems we're acquiescing our sovereignty to a world body controlled by great states such as Venezuela Iran etc. I'm sure they meant well but here we are.
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Replies: 27 / Views: 12,802 |
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Posted 12/12/2018 10:55 pm
