But the truth is, if you buy gold from a coin or bullion dealer, the government wants to track it.
That’s why America’s current lawmakers quietly put forth a covert order.
One that I believe, clearly infringes on your right to privacy as a citizen… is unconstitutional… and shows just how desperate this administration has become.
You see, buried on page 737, Section 9006, of ObamaCare there’s a passage on expanding the scope of IRS Form 1099.
In short, starting on January 1st in 2012, Congress effectively wanted all gold, silver and any other transactions valued at greater than $600 to be reported to the Internal Revenue Service.
Why would a healthcare bill care if you buy or sell $600 worth of gold and silver, among other items?
It’s all about the money.
It seems like Section 9006 was designed as a way for a bankrupt government to collect nearly $17 billion in new taxes to presumably help pay for health care reform.
As ABC News reports, “This provision [is], intended to mine what the IRS deems a vast reservoir of uncollected income tax.”