VIDEO: CNBC's Rick Santelli: Illinois Government Wants Gold RegistrationSubmitted by emalvini on Thu, 01/10/2013 - 23:33
Kurt Nimmo | Infowars.com | January 10, 2012
In a CNBC video, Rick Santelli ties the floundering legislation to FDR’s 1933 Executive Order 6102 confiscating gold and setting the stage for Richard Nixon severing the connection between gold and the dollar in 1971.
Prior to the failure of the Illinois legislature to force citizens to register outlawed firearms, the state moved to place restrictions on the sale of gold.
In 2012, the Illinois General Assembly passed the Precious Metal Purchasing Act. SB3341 states that a person who is in the business of purchasing precious metal shall obtain a proof of ownership, create a record of the sale, and verify the identity of the seller. Provides that a person who is in the business of purchasing precious metal shall not pay for the precious metal in cash and shall record the method of payment. (Emphasis added.)
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