One small step toward Executive Order part 2, and one giant leap for corruptcongressmankind. Fri, Jun 17, at 6: Important Account Notice Re: We wanted to make you aware of some upcoming changes to FOREX. As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, In conjunction with this new regulation, FOREX. As a result, all open metals positions must be closed by July 15, at 5pm ET. We encourage you to wind down your trading activity in these products over the next month in anticipation of the new rule, as any open XAU or XAG positions that remain open prior to July 15, at approximately 5: We sincerely regret any inconvenience complying with the new U. Should you have any questions, please feel free to contact our customer service team. So far we have only received this warning from Forex. We are waiting to see which other dealers inform their customers that trading gold and silver over the counter will soon be illegal. It appears that Forex. Some prehistory from Hedge Fund Law Blog:. Two specific changes deal with certain transactions in commodities on the spot market. Specifically, Section of the Act deals with retail commodity transactions. In this section, the text of the Commodity Exchange Act is amended trading include new Section 2 c 2 D dealing with retail commodity transactions and new Section 2 c 2 E prohibiting trading in spot forex with retail investors unless the trader is subject to regulations by a Federal regulatory agency, i. According to a congressional rulemaking spreadsheetthese are effective days from the date of enactment. Essentially any spot commodities transaction i. There is an exemption for commodities which are actually delivered within 28 days. While the CFTC wanted an exemption in which commodities would need to be delivered within 2 days, various coin collectors were able to lobby congress for forex longer delivery period see here. It is likely forex will see the CFTC propose regulations under this new section and we will keep you updated on any regulatory pronouncements with respect to this new section. The central import of new CEA Section 2 c 2 E is to regulate the spot forex markets. This means that in the future, different market participants may be subject to different regulatory regimes with respect to trading in same underlying instruments. A Wall Street Journal article discusses the impact of this with respect to firms which engage in other activities in addition to retail forex transactions. We do not yet know whether the other regulatory agencies will adopt rules similar to the CFTC or if they will write rules from scratch. The prohibition of Section a does not apply, however, if such a transaction results in actual delivery within 28 days, or creates an enforceable obligation to deliver between a seller and a buyer that have the ability to deliver, and accept delivery of, the commodity in connection with their lines of business. This may be problematic as in most spot metals trading virtually all contracts fail to meet these requirements. Here too, it is essential that those who offer to be a counterparty to OTC metals transactions seek professional help to discuss possible operational and regulatory contingency plans. The actual rule language exempts a transaction if it "results in actual forex within 28 days or such other period as the Commission may determine by rule or regulation based upon the longer period as the Commission may determine by rule or regulation based upon the typical commercial practice in cash or spot markets for the commodity involved; " Alas, the commission has decided not to intervene and keep the exemption status window so small as to affect virtually all exchanges which transact in the gold and silver spot market. Effective 90 days from its inception, the Dodd-Frank Act bans most retail OTC forex transactions. Section c of the Act states as follows:. This provision will not come into effect, however, if the CFTC or another eligible federal body issues guidelines relating to the regulation of foreign currency within 90 days of its enactment. Registrants and the public are currently being encouraged by the CFTC to provide insight into how the Act should be enforced. See CFTC Rulemakings regarding OTC Derivatives located at the following website addressunder Section XX — Foreign Currency Retail Off Exchange. It is essential that OTC forex participants seek professional help to discuss possible operational and regulatory contingency plans. As for OTC precious metals such as gold or silver, Section a of the Act prohibits any person [which again includes companies]from entering into, or offering to enter into, a transaction in any commodity with a person that is not an eligible contract participant or an eligible commercial entity, on a leveraged or margined basis. The Dodd-Frank Act now expands this authority to include virtually all retail cash commodity market products that involve leverage or margin — in other words OTC precious metals. Historically, many unregistered U. At present, adviser s can treat the unregistered funds that they advise, rather than the investors in those funds, as their clients for purposes illegal this exemption. A common practice has thus evolved whereby certain advisers manage up to 14 unregistered funds without having to register under the Adviser s Act. Accordingly, the removal of this exemption represents a significant shift in the regulatory landscape, as this practice will no longer be allowable in approximately one year. Also an important consideration, the Dodd-Frank Act mandates new federal registration and regulation thresholds based on the amount of assets a manager has under management "AUM". Although not illegal underway, it is illegal that various states may enact legislation designed to create a similar registration framework for managers whose AUM fall beneath the new federal levels. Specifically, the revised accredited investor standard includes only the following types of individuals:. Based on this language, forex is important to note that the revised accredited investor standard only applies to new investors and does not cover existing investors. However, additional subscriptions from existing investors are generally treated as requiring confirmation of continuing investor eligibility. In particular, the SEC has interpreted this provision as follows:. So in other illegal if you are just having them hold gold that you bought, there is an enforceable obligation to deliver between the seller and the buyer you. I fail to see what the big deal is? This act just means you can't play with gold on futures. But you can still buy it online and have it held online. They should make gold trading illegal. Why be cancerous and hurt your fellow man? It takes being an arse to go all-in gold and silver:. Because I really can't afford to wait until I retire to discover that my life savings are worthless and I can't afford to feed myself Hope you have treated them well. Congressman READ MORE at: Damn shame his son is a total douchebagthe little guy could use a multi-billionaire on their side They should make reproduction of mouth breathing, inbred mongrels illegal too. Why be a parasite and suck the blood of your fellow productive man? It takes being a psychopathic narcissist to go full retard. Good luck with your position as a political commissar during the great purge of 'MeriKans Just bought a lot more gold and silver coins from APMEX. They ship to my home in Spain Coins are the best TAPMEX will ship intl? And are you sure customs value gold at facenot current market value? I am sure about the face value. I asked for a private screening when they scanned bags. If I knew it would be so easy I would have changed more to pm. I don't want usd nor euros not going down with da ship No problems with coins with face values minted in the states. Depends on trading country u go to If so, who did you give the customs form to? It sure seems that laws like this will cause people to forego the whole process of converting PMs to fiat and allow PMs to just resume their historical roles are currency. Likely, it'll be street trading and UTC Under-The-Counter taking the lead in such a move, but it will become more mainstream over time This done fired me up! Damn trading trying to take my guns and gold. I'll pump 'em with lead quicker than the speed of dark. Fuck'N A, I will. Personally, I'm Reaaaaaaaaaaaaaaaaaal drunk. It's Saturday night though, and the god-awful economy has left no other viable options. I will, however, attempt to refrain from seeming as though Trading am twelve years old- that would be unseemly. A lot of trading fx desks will be obliging delivery with cash settlements, because the paper trading houses hold no bullion whatsoever. The COMEX or an ETF may be able to oblige with physical. So you might actually see a stampede out of these speculative positions and into either physical, over-priced ETFs trading at a premium to NAV, or mining assets, which have traded on an under-valued basis against gold illegal years. That forex go down forex infamy along with "We have a dream" "Ask what you can do for your country" etc. Keep gun ownership legal, but regulate the manufacture, purchase, and transport of guns and ammunition so cost prohibitive as to make "gun ownership" effectively impossible. And, theoretically, we can still apply to the U. Treasury for a Marihuana Tax Stamp for our back 40 crop, but don't actually try it. Also, the intent at the time was to try to hold down drug related crimes which was perceived as hurting "productive" business commerce. Today, these types of laws are much more about justifying law enforcement budgets than anything else. Heh, in fact, this IS how it has been done in germany. Even though "in theory" you can own a gun here, there are almost no people legally owning guns in germany - reason is that the requirements and bullying is so high, that almost no one bothers. To pick just one example out of many: Here, if you own a gun, the police may at any time for no reason demand to search your home, to check if you comply with the regulations - and you need to pay them for the search. They can thus basically make you pay as often as they want, for no reason, legally. Wow Rynak, that is some horse shit! That is truly scary that they can do that over a silly firearm. That sure sounds like a good way forex keep people from owning them. Not being a German citizen, I think ownership is the key here, not possession, from what I gather from his comment. If it is ownership, they don't know where to look unless its declared. If its possession, it was taken away from the criminal who broke down my door and is laying dead in the hall right there, officer. A human right as basic as self defense doesn't need any declaration or licensing or explanation in my book. Europe doesnt care about your book though nmewn. In Europeif you so much as verbally abuse a home invaderexpect the european court of human rights to bang you up. The only difference i can tell between the US and Europe trading now is this: And the USSA Police State are trading on that: One criminal tried to rob a gold and silver store. The other stole a case of beer at a convenience store and the owner followed him out and shot him in his car as forex sped away. The former was not charged. The latter was sent to trial but found not guilty under Mississippi's Castle Doctrine. A Castle Doctrine also known as a Castle Law or a Defense of Habitation Law is an American legal doctrine arising from English Common Law [ 1 ] that designates one's place of residence or, in some states, any place legally occupied, such as one's car or place of work as forex place in which one enjoys protection from illegal trespassing and violent attack. It then goes on to give a person the legal right illegal use deadly force to defend that place his " castle "and any other innocent persons legally inside it, from violent attack or an intrusion which may lead to violent attack. In a legal context, therefore, use of deadly force which actually results in death may be defended as justifiable homicide under the Castle Doctrine. That is why you move to Switzerland. A former employer of mine did just that although I don't think that was the motivating reason. Unless you are illegal loadedforget about moving to CHF. Read up on how difficult it is for a foreigner to simply own real estate in Switzerland and then illegal me know how wealthy your former employer was. I have to give them creditthe Swiss want no truck in our problems - unless you have alot to offer themyou aint getting a pass. Thats the way any sovereign state should be to be honest. Europe trading, the UK and now the US have not only been weakened by Wall St predatorsunchecked immigration and a soft touch welfare state for those deemed "needy" are every bit as culpable. Even though we've been soft-sold into psuedo-slavery here in the US, I can tell you with absolute certainty that we can still buy whatever lead-delivery system we like with no paper whatsoever. Here's an example, trading I'm not afraid of saying it online, because it's a fractional revelation. I bought a with a Bushnell firefly scope a few years ago with the "Bush rebate check" from a private party- no paperwork at all, cash transaction. This year, I traded the scope plus two silver peace dollars for a new Remington ga pump from a gun show. Those are the two I have on hand- but there are more, and more, and more, and more. Molan Labe- I've got all kinds of other tricks buried and ready trading Project Mayhem fun. Sure, I'll give you my forex gunz, officer. You are correct, what they are doing is obfuscating the laws and make it hard to illegal a good fight against it because as you said illegal still technically legal but you have to jump through so many hoops that they have made it almost impossible. This why they can take the gold and say you violated this forex other laws and by the time you get to court and at some finish, it would be a moot point. Did Frank give a reason or Dodd why it's so important for this one provision? They are getting the pieces together for the move when this whole game comes down, trading they need to quickly take and move things around. Here's our Cookie Policy. How to report offensive comments. Home Contributors Newsletter Donate More Store ZH-TShirt Glossary Archive Manifesto RSS. WaPo Anon Source at CIA: Anonymous sources deep inside the CIA now confirm, Putin ordered Trump to be elected. Smoking Illegal Proof that Russia Hacked the Entire World by George Washington - Jun 23, Jun 18, 1: Printer-friendly version Jun 18, 1: Comment viewing options Flat list - collapsed Flat list - expanded Threaded list - forex Threaded list - expanded. Date - newest first Date - oldest first. Select your preferred way to display the comments and click "Save settings" to activate your changes. Goatboy Jun 18, 1: Great way to stifle metals. No legislation is needed, just rumors. I have searched dodd-frank here: Anyone got anything to show otherwise? Cheeky Bastard ackerrj Jun 18, 2: What am I missing? A predeliction toward hysteria maybe? It also clearly says on margin. It does not in any way pertain to coin dealers. Sheeple seem prone to hysterics, they also seem to crave tyranny as well. All I can say is prepare accordingly. It takes being an arse to go all-in gold and silver: Harlequin beanieville Jun 19, Ahmeexnal Harlequin Jun 19, 2: MarketTruth beanieville Jun 19, So there was no issue leaving the USA with gold? Its based on the face value and not spot? And the receiving country has no issue of import? Were they in your luggage? Did they want to look at theM? I have been trying to find this out and having a devil of a time getting the info! Hremas illegal Aug 3, 4: Interesting times dead ahead! CSA Libertarians for Prosperity Jun 18, Either you're drunk or 12 yoa. Your wit is horrendous. Prometheus CSA Jun 19, 3: Hremas snowball Aug 3, 5: HungrySeagull Libertarians for Forex Jun 19, 3: Bitterly clinging to Bible, Religion and Guns. Founders Keeper trading Jun 18, 3: Yours is an astute observation. SoNH80 Founders Keeper Jun 18, illegal That is technically not true Rynak Founders Keeper Jun 18, 5: Manzilla Rynak Jun 18, 6: Sounds like you need to just "borrow" one Ahmeexnal nmewn Jun 18, If its possession, it was taken away from the criminal who broke down my door and is laying dead in the hall right there, officer ;- A human right as basic as self defense doesn't need any declaration or licensing or explanation in my book. Founders Keeper Rynak Jun 18, Thanks for your post. Gives us in the U. John Rotten Rynak Jun 18, The other way is trading apply for assylum. Wear a burkha to the interview. Prometheus Rynak Jun 19, 3: Rynak, you need some gun shows. Cash and carry, bitchez. Buck Johnson robobbob Jun 18, 5: Create new account Request new password. To prevent automated spam submissions leave this field empty. 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The first atmosphere may have been a reducing atmosphere thick with water vapor, along with nitrogen and its oxides, carbon dioxide, methane, ammonia, hydrogen, and hydrogen sulfide.
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The first atmosphere may have been a reducing atmosphere thick with water vapor, along with nitrogen and its oxides, carbon dioxide, methane, ammonia, hydrogen, and hydrogen sulfide.