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Silver And Gold Dealers To Be Shut Down

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Valued Member
realmoney's Avatar
United States
110 Posts
 Posted 02/23/2015  5:46 pm Show Profile   Bookmark this topic Add realmoney to your friends list Get a Link to this Message Number of Subscribers
I am new here, but I figure there are some dealers that are members. I watched this video a few days ago. I do not worry too much about these things, but I am interested in what dealers have heard or experienced on this 'Operation Chokepoint'.

pwlQgNisgqA

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SteveCaruso's Avatar
United States
1796 Posts
 Posted 02/23/2015  8:48 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
None of my dealer and jeweler friends have been affected.

However I know of several who I am not acquainted with who would be prime targets. :-)
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Joe2007's Avatar
United States
3843 Posts
 Posted 02/23/2015  9:12 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
What happened to due process in this country?
Valued Member
realmoney's Avatar
United States
110 Posts
 Posted 02/23/2015  9:16 pm  Show Profile   Bookmark this reply Add realmoney to your friends list Get a Link to this Reply

Quote:
What happened to due process in this country?


All the rights 'protected' by the bill of rights are long gone.

I'm sure the people at gitmo wonder the same thing. Or the Americans killed by the drones.
Valued Member
Stacker82's Avatar
United States
157 Posts
 Posted 02/23/2015  9:28 pm  Show Profile   Bookmark this reply Add Stacker82 to your friends list Get a Link to this Reply
I'm former military, and I was relieved to get out so I could post what I wanted to, without worrying about any of it coming back to me... this country is going downhill, the President has WAY too much power. There is a great program I started watching this morning about our countries beginnings, and chronicles each President... George Washington didn't even want to be President (or His Excellency or whatever it was he was called, I forget now which President changed it to Mister President)... Andrew Jackson changed what presidents did. Where our country began to unravel, started with him. But anyways, what I want to say about current situations in this country, what has scared me the most, being in my mid 30's, is seeing how the Boston Marathon bombing was handled. If you have never seen how residents were treated, in their own homes by basically the military, for this skinnny little injured kid, youtube it... that scares the crap out of me, how they were able to get away with it, and people who actually buy in to the whole "they're keeping us protected" approach, naive beyond belief.
Valued Member
realmoney's Avatar
United States
110 Posts
 Posted 02/23/2015  9:36 pm  Show Profile   Bookmark this reply Add realmoney to your friends list Get a Link to this Reply
stacker82

There are so many rabbit holes out there that can one feel this way. I remember my friend who was from Boston (but living in Denver at the time) was happy the way it was handled. He was proud to be from Boston. That they would shut down an entire city, patrol around in tanks, and point their riffles at innocent people just to get some kid who they think was involved in the crime.

Continue to use your 1st amendment rights as much as possible. We do not know how much longer we will actually have a shred of free speech left.
Valued Member
Stacker82's Avatar
United States
157 Posts
 Posted 02/23/2015  10:21 pm  Show Profile   Bookmark this reply Add Stacker82 to your friends list Get a Link to this Reply
There was something about the CIA planning attacks on the US and blaming Cuba, so that the people of the United States would be on board with attacking Cuba "back". That never happened, luckily. But if you actually look at how something like 9/11 was able to be pulled off, and what happened to this country after, who we invaded, kinda interesting how a bunch of Saudi's, who were known and being watch by the FBI were in this country all at the same time, taking these flight lessons in Florida, etc... and crashing 4 planes. Then we go in to Iraq.....? Because someone heard something about WMD's... seriously? Look at the Patriot Act(s). If anyone believes the Government is there to protect them is HUGELY naive, in my opinion. They didn't free the slaves because they cared, they realized how much money could be made off of them, 400k or so were brought over here, and withtin years there were millions who were not considered humans (but are), the government didn't care that they weren't considered not human, they were concerned with the amount that had grown to, and how much money was potentially there.

And if Boston marathon bombing doesn't scare you, nothing will.
Rest in Peace
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jgfindring's Avatar
United States
1380 Posts
 Posted 02/23/2015  10:28 pm  Show Profile   Bookmark this reply Add jgfindring to your friends list Get a Link to this Reply
Operation Chokepoint was stopped by the Dept of Justice on Jan 29.
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 02/23/2015  10:55 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
I believe that this video sums up most of the hype over Operation Choke Point succinctly (starting at about 1:14):

urglg3WimHA


It was a move against money laundering. Not a conspiracy.

Foil. :-)
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Silverworld11's Avatar
613 Posts
 Posted 02/24/2015  04:54 am  Show Profile   Bookmark this reply Add Silverworld11 to your friends list Get a Link to this Reply
@Stacker82,thanks for your posts. Your right. Take Care
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denco7's Avatar
United States
2543 Posts
 Posted 02/24/2015  05:07 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Seriously, what does any of this ranting have to do with coin collecting or precious metals.

Doesn't Fox News have their own forum ?

Can we at least try to stay on the topic of numismatics ?
Valued Member
realmoney's Avatar
United States
110 Posts
 Posted 02/24/2015  07:32 am  Show Profile   Bookmark this reply Add realmoney to your friends list Get a Link to this Reply

Quote:
Seriously, what does any of this ranting have to do with coin collecting or precious metals.


The original Mike Maloney video was about how the FDIC regulators are reporting to the banks to tell them who to not do business with, including entire industries.

If gold is a hedge against inflation, like many say, wouldn't that mean it is in direct competition with the dollar. Who controls the dollar? The big banks that run the fed, of course. So there is a great suspicion that gold and silver dealers would be targeted with this program. I was wondering if anyone here has heard this happening or has seen it happen, but I guess the program was ended at the end of January?
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ArrowsAndRays's Avatar
United States
1656 Posts
 Posted 02/24/2015  09:32 am  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
Fear mongering to sell PMs. Same 'stuff', different day.
Valued Member
realmoney's Avatar
United States
110 Posts
 Posted 02/24/2015  09:58 am  Show Profile   Bookmark this reply Add realmoney to your friends list Get a Link to this Reply

Quote:
Fear mongering to sell PMs. Same 'stuff', different day.


That's exactly why I was asking you guys. I am not motivated by fear. I have tricked too many times in my life on that. Once you unplug from tv (and the terrible cable news) you realize that fear is an extremely powerful tool. People use it to sell PMs, wars, insurance, drugs, vaccines, and really anything.

I will not worry about any of this, unless I start seeing my local dealers disappear. I was just curious if any of this was actually happening.
Valued Member
Boliver's Avatar
United States
61 Posts
 Posted 02/24/2015  11:04 pm  Show Profile   Bookmark this reply Add Boliver to your friends list Get a Link to this Reply
FOX never had a forum,CNN use to have a forum but no one posted except a few truthers.
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westernsky's Avatar
United States
7618 Posts
 Posted 02/25/2015  12:06 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
People will do, or say anything, to sell you stuff u don't need. It's from marketing 101.

They've been touting 10000$/oz gold for how many years now?
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