[jiggyboy]

Goldbug ping

"the Health Care Bill mandates, according to Numismaster.com, Starting on January 1st in 2012, S federal law will require coin and bullion dealers to report to the Internal Revenue Service all gold and silver coin purchases and sales greater than $600. No that is not an error, they tacked the gold coin tracking regulations into the health bill."

(The article has typos all over the place. I found numismaster.com but didn't spend a lot of time looking for the article. But I have seen this discussed in other goldbug threads.

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[ExSoldier]

Starting on January 1st in 2012, S federal law will require coin and bullion dealers to report to the Internal Revenue Service all gold and silver coin purchases and sales greater than $600.

Is there any way to verify this?

[TLI]

Starting on January 1st in 2012, S federal law will require coin and bullion dealers to report to the Internal Revenue Service all gold and silver coin purchases and sales greater than $600.

Only one real reason to do that. They are going to confiscate the gold again and need to know who the steady buyers and sellers are.

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