https://translate.google.com/transl...euros-para-evitar-el-blanqueo.html&edit-text=
It's for their own protection from terrawists
sacre bleu - France limits cash payments and restrictions on gold
- Thread starter Caput Lupinum
- Start date
https://translate.google.com/transl...euros-para-evitar-el-blanqueo.html&edit-text=
It's for their own protection from terrawists
This is how it starts. Use of cash is equated to terrorism and it is increasingly burdened with onerous overhead. Eventually everyone will be forced to move to electronic transactions that are, coincidentally, fully trackable and auditable.Caput Lupinum said:
The joys of a Socialist government.
The threat of terrorism is a government's best friend when it comes to a false pretext to implement capital controls/oppressiveness upon citizens.
sterling-nz
Well-Known Member
ANY GOVERNMENT!!!!!Results not typical said:
This is not restricted to one side or the other im afraid.
It does not matter who we elect with the current choices, they all want TOTAL TRACKING and by implication CONTROL.
However it is a Socialist government that has done this. The rest is just conjecture at this point.
sterling-nz said:
Yes. This is achieved by moving towards a socialist system. As capitalism is replaced by Socialism what you describe is the result.
sterling-nz
Well-Known Member
By gosh , i see your pointResults not typical said:
sterling-nz said:By gosh , i see your pointResults not typical said:
Like the total tracking by the Gestapo and their groundbreaking collection census work with their occupied territories and nationals - assisted by IBM's development of punch cards if memory hasn't failed me.
JulieW said:sterling-nz said:By gosh , i see your pointResults not typical said:
Like the total tracking by the Gestapo and their groundbreaking collection census work with their occupied territories and nationals - assisted by IBM's development of punch cards if memory hasn't failed me.
Historical sidenote. The size of the punch cards chosen by IBM for the 1890 US census was actually based on the physical size of the US $1 Silver note of the time - so they could re-use the boxes/counting machines already present in the cash supply chain.
America applauds France with this monumental legislation.
Look how easy it is to get on a Suspicious Activity Report (SAR) in the great USA:
https://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_015.htm
Look how easy it is to get on a Suspicious Activity Report (SAR) in the great USA:
https://www.ffiec.gov/bsa_aml_infobase/pages_manual/OLM_015.htm
The French
New Member
In France we have not politics men (and women), but only pushy people.
Issue is that no one have a reaction. French people are "mougeons" (contraction between words "MOUtons" -sheep- and piGEONS). Of course it's a really negative terme.
Terrorism is just an excuse :-/
I love my country, but I hate our politics men/women !
Issue is that no one have a reaction. French people are "mougeons" (contraction between words "MOUtons" -sheep- and piGEONS). Of course it's a really negative terme.
Terrorism is just an excuse :-/
I love my country, but I hate our politics men/women !
This is a very important event.
I know France and French gold dealers cannot sell anything unless you pay by bank transfer. No cash, no plastic either in most cases. This is part of a rolling tightening of the noose in France in particular and I have seen the situation in France change dramatically. Legislation was introduced banning the shipping of PMs by post via the state owned mail company which has a near monopoly. What was most interesting was Germany changed VAT on silver in lockstep. France has and always had a large black economy which operated on cash (tradesmen will give two prices).
The question is why and why now. This move by the French government is stupid and oppressive, yes but a much bigger and important question is why they did it now and what is coming next.
France has in reality a large and very quiet physical PM tradition. Many hoarded the last silver coinage (of which the 50 Franc Hercule is in my opinion the best), the Marianne/Rooster 20 Franc gold piece is widely held. Sovereigns are widely traded also. It is not surprising given French history.
This is major. That the French government even thinks it is empowered to do this within the EU is breath-taking.
Big storm on the horizon in the Eurozone.
There are ways around this but for some time I have been aware the French government does not want to make it easy to get gold or silver out of France and to ensure they know exactly who owns it in France.
I think this is a big deal and a pointer to the French government knowing there are storms ahead.
There are also incredibly restrictive cash limitations introduced in Italy.
I thank the French government for letting me know so clearly that they are scared and know there is trouble ahead. As ever the French population have my sympathy.
There are merits in my mind for increasing the percentage of non bullion gold in my portfolio i.e. 18K Gold jewellery/chain. It bypasses a lot of these types of controls and it is easier to move though customs. Bullion attracts attention on transport and sale.
1000 Euros is not much IMHO.
I know France and French gold dealers cannot sell anything unless you pay by bank transfer. No cash, no plastic either in most cases. This is part of a rolling tightening of the noose in France in particular and I have seen the situation in France change dramatically. Legislation was introduced banning the shipping of PMs by post via the state owned mail company which has a near monopoly. What was most interesting was Germany changed VAT on silver in lockstep. France has and always had a large black economy which operated on cash (tradesmen will give two prices).
The question is why and why now. This move by the French government is stupid and oppressive, yes but a much bigger and important question is why they did it now and what is coming next.
France has in reality a large and very quiet physical PM tradition. Many hoarded the last silver coinage (of which the 50 Franc Hercule is in my opinion the best), the Marianne/Rooster 20 Franc gold piece is widely held. Sovereigns are widely traded also. It is not surprising given French history.
This is major. That the French government even thinks it is empowered to do this within the EU is breath-taking.
Big storm on the horizon in the Eurozone.
There are ways around this but for some time I have been aware the French government does not want to make it easy to get gold or silver out of France and to ensure they know exactly who owns it in France.
I think this is a big deal and a pointer to the French government knowing there are storms ahead.
There are also incredibly restrictive cash limitations introduced in Italy.
I thank the French government for letting me know so clearly that they are scared and know there is trouble ahead. As ever the French population have my sympathy.
There are merits in my mind for increasing the percentage of non bullion gold in my portfolio i.e. 18K Gold jewellery/chain. It bypasses a lot of these types of controls and it is easier to move though customs. Bullion attracts attention on transport and sale.
1000 Euros is not much IMHO.
SilverDJ
Well-Known Member
SilverDJ said:
A lot the Nazis introduced was kept by the French government. Laws making the carrying of the national identity card or for foreigners a passport at all times are still on the books there.
"Show me your papers" Under French law you are required to carry photo I.D at all times. So France has completely dropped the bit about the EU being about the free movement of capital. Not that many believed that anymore anyway. As far as I can remember and ironically there is still a vagrancy law requiring the carrying of a minimum amount of cash also. So too much cash and you break the law, too little cash and you break the law and no photo ID and you break the law. All for who's good? French banks have always had a draconian attitude backed by both government and courts and only quite recently has credit card ownership begin to displace written cheques which are near obsolete elsewhere.
I wonder if they will dare to re-introduce conscription to put the unruly youth back in their place.
Clearly French banks are not in good shape. That is the reason for this. It facilitates the rapid implementation of capital controls. Both the extreme left and extreme right have always loved this kind of control freak governance.
[youtube]http://www.youtube.com/watch?v=o0wNl66tT3Q[/youtube]