(This is going to spread to bullion dealers---mark it down.)
Pay attention to this. I disagreed with this in one of my earlier posts that I cannot find at the moment here on The News UNIT but for now I'm going to try and clear something up here for the reader and explain something to you as I see it:
It appears to me based on this report from Woody O'Brien; my personal discussions with various dealers; and other various leads that we are about to see some sinister regulations on bullion dealers. I hate to post this but I have to warn the reader and all of you bullion specialists out there who think you know so much about the subject. I'm here to tell you---you are very misinformed most of the time.
This just happens to be one of the few gems that come along on the SGT REPORT and I really believe this guy is giving an accurate report here. If he wasn't he did so by accident anyway.
Dealers are getting nervous about gold and silver. If you notice there is a very strong push to sell bullion right now with premiums being lowered closer to spot price for many items. Contrary to these idiots (in general) who keep telling you that the premiums are getting higher cannot read and understand basic math. Wake up!
Anyway I'm going to say this: I suspect that bullion dealers are going to start shutting down and there will be no place to sell back your precious metals. Evan EBAY will have some very precarious restrictions set upon them for the seller. There's no need for "CONFISCATION" at all. Just the stroke of a pen to trap the investor into a situation they can do nothing about.
Sorry to say so but that's the way this is going. Be aware of it and do what you must to protect yourself and make your own decisions.
Watch the video here and listen to Woody O'Brien NOT Sean G. Turnbull.
ONE MORE ITEM: A while ago Sean G. Turnbull did a video of him and one of his local pals in Minnesota at a coin show. The were going down the highway and his buddy made a reference to the high prices of silver being "...when something it too good to be true it probably is." I remember Sean not even hearing that or just being distracted and immediately went on his tangent of pumping silver to $750 or whatever it was at that time.
That was the turning point for me and I got very bullish really fast. I got death threats on other message boards and harassed but I coudn't care less. Now all these morons are licking their wounds. GLTA. GET OUT!