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You are now banned from owning gold in argentina

 
Goldfinger
User ID: 13520531
United Kingdom
09/23/2012 05:18 AM
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You are now banned from owning gold in argentina
unless your citibank....

[link to www.cronista.com]
Anonymous Coward
User ID: 9128390
Australia
09/23/2012 05:19 AM
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Re: You are now banned from owning gold in argentina
Wow.
Anonymous Coward
User ID: 24274752
Thailand
09/23/2012 07:32 AM
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Re: You are now banned from owning gold in argentina
YOU STILL ALLOWED TO SNORT COKE?
stormer

User ID: 24106687
South Africa
09/23/2012 07:35 AM

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Re: You are now banned from owning gold in argentina
unless your citibank....

[link to www.cronista.com]
 Quoting: Goldfinger 13520531


money
Emancipate yourselves from mental slavery - Bob Marley
Anonymous Coward
User ID: 22552125
United States
09/23/2012 07:42 AM
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Re: You are now banned from owning gold in argentina
WOW!
Anonymous Coward
User ID: 24274047
United Kingdom
09/23/2012 07:44 AM
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Re: You are now banned from owning gold in argentina
Argentinians had better be Silvertards!

seal
Anonymous Coward
User ID: 24278562
Canada
09/23/2012 07:52 AM
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Re: You are now banned from owning gold in argentina
I don't think that you are banned from owning gold but you are now banned from buying, importing, and/or exporting it.
Anonymous Coward
User ID: 24278401
United States
09/23/2012 07:54 AM
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Re: You are now banned from owning gold in argentina
The link OP gave is pretty much saying that gold has become more popular as "money" than fiat paper currencies, so they are regulating the purchase and sale of gold by the people for foreign exchange purposes. Sounds to me that Argentinians know very well gold has the better value over fiat paper currencies and their government is now regulating any personal gold hoarding because they are having liquidity problems.
Anonymous Coward
User ID: 17239411
Sweden
09/23/2012 07:56 AM
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Re: You are now banned from owning gold in argentina
Google translation sucks.. what does the article say?
Do we have another source? apparently google doesnt manage to translate this properly.
Anonymous Coward
User ID: 17239411
Sweden
09/23/2012 07:58 AM
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Re: You are now banned from owning gold in argentina
The link OP gave is pretty much saying that gold has become more popular as "money" than fiat paper currencies, so they are regulating the purchase and sale of gold by the people for foreign exchange purposes. Sounds to me that Argentinians know very well gold has the better value over fiat paper currencies and their government is now regulating any personal gold hoarding because they are having liquidity problems.
 Quoting: Anonymous Coward 24278401


thanks for that sumerize.
SpaceCommand
USCF National Master FIDE 2125

User ID: 1009022
United States
09/23/2012 08:01 AM

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Re: You are now banned from owning gold in argentina
[link to translate.google.com]
"With an eye made quiet by the power of harmony and the deep power of joy, we see into the life of things." William Wordsworth

And yet the same revolutionary beliefs for which our forebears fought are still at issue around the globe—the belief that the rights of man come not from the generosity of the state, but from the hand of God.

John F. Kennedy Inaugural Address

Lincoln's economic advisor Henry C. Carey explained the universal issue in his 1851 Harmony of Interests:

"Two systems are before the world.... One looks to pauperism, ignorance, depopulation, and barbarism; the other to increasing wealth, comfort, intelligence, combination of action, and civilization. One looks towards universal war; the other towards universal peace. One is the English system; the other ... the American system, for ... elevating while equalizing the condition of man throughout the world."
Anonymous Coward
User ID: 23011194
United States
09/23/2012 08:04 AM
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Re: You are now banned from owning gold in argentina
After the elections I'm sure they'll either heavily tax the sale of gold or they'll make it illegal to own here in the USA. People here are so dumbed down be the tv set. I can't even talk to people who watch tv.
Bazingaaa

User ID: 24118974
United States
09/23/2012 08:09 AM
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Re: You are now banned from owning gold in argentina
can't read spanish. Will go by replies on this thread
Anonymous Coward
User ID: 24276807
United Kingdom
09/23/2012 08:14 AM
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Re: You are now banned from owning gold in argentina
FINALLY!


clappa
Anonymous Coward
User ID: 23011194
United States
09/23/2012 08:20 AM
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Re: You are now banned from owning gold in argentina
FINALLY!


clappa
 Quoting: Anonymous Coward 24276807


dork....
Anonymous Coward
User ID: 4420584
United States
09/23/2012 08:20 AM
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Re: You are now banned from owning gold in argentina
The link OP gave is pretty much saying that gold has become more popular as "money" than fiat paper currencies, so they are regulating the purchase and sale of gold by the people for foreign exchange purposes. Sounds to me that Argentinians know very well gold has the better value over fiat paper currencies and their government is now regulating any personal gold hoarding because they are having liquidity problems.
 Quoting: Anonymous Coward 24278401


...or another way to spin it is that criminal enterprises do not like competition. So, they do anything they can to stop it be it murder, confiscation or arrest.

In the US printing paper that looks like other paper is a crime. They call it "counterfeiting" when, in reality, the fed reserve does it all day every day.

In this case, they don't want YOU hoarding gold because they are.

In the US they don't want YOU running drugs because the CIA is.

In the US they don't want YOU running guns because the DOJ is.

Its simple: Governments always exempt themselves from what they prohibit. It is because government is the most dangerous thing created by man. Don't fear murder, or poverty or torture, just fear government. It is the root cause of those aforementioned horrors. If there is poverty, government makes it worse. If there is crime, government wants its cut. If there are drugs, guns, war, famine, etc, government wants in on it.

IN FACT!!! If there is not crime, drug smuggling, guns, war, etc, government will start it up because there is no need for government minus those things.

There is little in government that is not self-serving and/or evil.

Less government means less of all the things that you hate and less of all the things that make life miserable.

...unless of course you're part of the 47% that don't pay taxes and the rest of us support. If that is the case, then, FUCK YOU! Get a job.
FATMANGOBOOM

User ID: 14376568
Canada
09/23/2012 08:41 AM
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Re: You are now banned from owning gold in argentina
YOU STILL ALLOWED TO SNORT COKE?
 Quoting: Anonymous Coward 24274752


Yes but the bubbles tickle...
Anonymous Coward
User ID: 24279936
Argentina
09/23/2012 08:46 AM
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Re: You are now banned from owning gold in argentina
Hehehe!
Argentina has now a record of people travelling arround the world doing turism and you belive this bullshit???
Hahaha!
Aerolineas Argentina today has duplicated their flights to miami and punta del este. But the media still talking about argentinean people cant go out of their own country...
Now I start to understand all the lies about Venezuela. The media will keep liying untill the people who is in the goberment start to do the things that they want...
Argentina economy still growing above 5% per year since 2003,and the next year will grow about 4,4%....
But cause we have a goverment eho is taking away the dollar from our economic systen, they are bad, soooooo bad!!!
Hahaha!
Anonymous Coward
User ID: 21963969
United States
09/23/2012 09:19 AM
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Re: You are now banned from owning gold in argentina
I don't think that you are banned from owning gold but you are now banned from buying, importing, and/or exporting it.
 Quoting: Anonymous Coward 24278562


...and selling it, which makes it worthless.
Anonymous Coward
User ID: 24278882
United States
09/23/2012 09:46 AM
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Re: You are now banned from owning gold in argentina
After the elections I'm sure they'll either heavily tax the sale of gold or they'll make it illegal to own here in the USA. People here are so dumbed down be the tv set. I can't even talk to people who watch tv.
 Quoting: Anonymous Coward 23011194


I can't either it's like their brain is done.
Anonymous Coward
User ID: 24280152
United States
09/23/2012 09:48 AM
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Re: You are now banned from owning gold in argentina
Argentinians had better be Silvertards!

seal
 Quoting: Anonymous Coward 24274047


applause2
Anonymous Coward
User ID: 1222180
United States
09/23/2012 10:05 AM
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Re: You are now banned from owning gold in argentina
The link OP gave is pretty much saying that gold has become more popular as "money" than fiat paper currencies, so they are regulating the purchase and sale of gold by the people for foreign exchange purposes. Sounds to me that Argentinians know very well gold has the better value over fiat paper currencies and their government is now regulating any personal gold hoarding because they are having liquidity problems.
 Quoting: Anonymous Coward 24278401


...or another way to spin it is that criminal enterprises do not like competition. So, they do anything they can to stop it be it murder, confiscation or arrest.

In the US printing paper that looks like other paper is a crime. They call it "counterfeiting" when, in reality, the fed reserve does it all day every day.

In this case, they don't want YOU hoarding gold because they are.

In the US they don't want YOU running drugs because the CIA is.

In the US they don't want YOU running guns because the DOJ is.

Its simple: Governments always exempt themselves from what they prohibit. It is because government is the most dangerous thing created by man. Don't fear murder, or poverty or torture, just fear government. It is the root cause of those aforementioned horrors. If there is poverty, government makes it worse. If there is crime, government wants its cut. If there are drugs, guns, war, famine, etc, government wants in on it.

IN FACT!!! If there is not crime, drug smuggling, guns, war, etc, government will start it up because there is no need for government minus those things.

There is little in government that is not self-serving and/or evil.

Less government means less of all the things that you hate and less of all the things that make life miserable.

...unless of course you're part of the 47% that don't pay taxes and the rest of us support. If that is the case, then, FUCK YOU! Get a job.
 Quoting: Anonymous Coward 4420584



This is one of the most intelligent replies I've seen in a long time.
Anonymous Coward
User ID: 13158115
United States
09/23/2012 10:14 AM
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Re: You are now banned from owning gold in argentina
After the elections I'm sure they'll either heavily tax the sale of gold or they'll make it illegal to own here in the USA. People here are so dumbed down be the tv set. I can't even talk to people who watch tv.
 Quoting: Anonymous Coward 23011194

Agreed I hate tv
Anonymous Coward
User ID: 2558999
United States
09/23/2012 10:19 AM
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Re: You are now banned from owning gold in argentina
The top part says: Banks and Currency Exchange Offices export gold that they can no longer sell in the country.

People traveling to foreign countries can only buy the currency of the country that they are traveling to from the currency exchange offices. Even though gold is considered a currency by the Federal Administration of Public Funds (AFIP, tax agency), no country uses it as currency. For that reason they have blocked the sale of gold, and they are considering returning it to Switzerland or the US.
Anonymous Coward
User ID: 24279869
United States
09/23/2012 10:21 AM
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Re: You are now banned from owning gold in argentina
bump
Anonymous Coward
User ID: 23491596
United States
09/23/2012 10:22 AM
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Re: You are now banned from owning gold in argentina
Hehehe!
Argentina has now a record of people travelling arround the world doing turism and you belive this bullshit???
Hahaha!
Aerolineas Argentina today has duplicated their flights to miami and punta del este. But the media still talking about argentinean people cant go out of their own country...
Now I start to understand all the lies about Venezuela. The media will keep liying untill the people who is in the goberment start to do the things that they want...
Argentina economy still growing above 5% per year since 2003,and the next year will grow about 4,4%....
But cause we have a goverment eho is taking away the dollar from our economic systen, they are bad, soooooo bad!!!
Hahaha!
 Quoting: Anonymous Coward 24279936


clappa
ehecatl

User ID: 23962244
Mexico
09/23/2012 10:45 AM
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Re: You are now banned from owning gold in argentina
Well the story that OP posted appears to be about the foreign owned gold sellers from the US and Switzerland in Argentina that now cannot sell their gold and are "considering", sending the gold back to their home countries.

Although the subject probably entails the other things mentioned in this thread.

The "big elephant in the room" though, that the Argentinian poster mentioned is that most major Latin American countries such as Argentina, Peru, Venezuela, Mexico, and others, have been experiencing for many years now steady strong economic growth, and it seems that all TPTB of the US are set on psyops to scare people off from these countries. I guess that is because it leaves so much more opportunity for those of us who see through the disinfo.

Personally I don't know what Argentina is up to about this gold issue, it does not sound good, but the general strength of its economy is very good from what I understand. The US used to have the same law before the 1970's, didn't it?

I have seen how countries such as Mexico maintain protectionism, such as import duties, while the US reciprocates with Jimmy Carter's "free trade". Mexico makes a bundle on this one sided arrangement and I applaud Mexico for this as one of the wisest things about their policy.

It could be that Argentina notices how other countries are taking advantage of them through the gold trade, so this has more to do with foreign protectionism, but I don't know and surely there are many sides to the issue.

(Argentina's name means "The Silver Nation" after all.)

I guess what I am saying (not being heavily invested in gold), is that there are many other materials to invest in other than gold, and I am not so quick to assume the worst in relation to the Ag government decision.


I could go on and on posting about the advantages of Latin countries these days, and I have at times, but I generally keep my mouth shut, because sharing this information does not do me any good, and wealthier more invested people are even more intent on not sharing the secret.

Last Edited by ehecatl on 09/23/2012 10:56 AM
Keep2theCode

User ID: 20545539
United States
09/23/2012 10:52 AM
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Re: You are now banned from owning gold in argentina
The link OP gave is pretty much saying that gold has become more popular as "money" than fiat paper currencies, so they are regulating the purchase and sale of gold by the people for foreign exchange purposes. Sounds to me that Argentinians know very well gold has the better value over fiat paper currencies and their government is now regulating any personal gold hoarding because they are having liquidity problems.
 Quoting: Anonymous Coward 24278401


...or another way to spin it is that criminal enterprises do not like competition. So, they do anything they can to stop it be it murder, confiscation or arrest.

In the US printing paper that looks like other paper is a crime. They call it "counterfeiting" when, in reality, the fed reserve does it all day every day.

In this case, they don't want YOU hoarding gold because they are.

In the US they don't want YOU running drugs because the CIA is.

In the US they don't want YOU running guns because the DOJ is.

Its simple: Governments always exempt themselves from what they prohibit. It is because government is the most dangerous thing created by man. Don't fear murder, or poverty or torture, just fear government. It is the root cause of those aforementioned horrors. If there is poverty, government makes it worse. If there is crime, government wants its cut. If there are drugs, guns, war, famine, etc, government wants in on it.

IN FACT!!! If there is not crime, drug smuggling, guns, war, etc, government will start it up because there is no need for government minus those things.

There is little in government that is not self-serving and/or evil.

Less government means less of all the things that you hate and less of all the things that make life miserable.

...unless of course you're part of the 47% that don't pay taxes and the rest of us support. If that is the case, then, FUCK YOU! Get a job.
 Quoting: Anonymous Coward 4420584



This is one of the most intelligent replies I've seen in a long time.
 Quoting: Anonymous Coward 1222180

Agree; well said.
Have I now become your enemy by telling you the truth? (Gal. 4:16)
ehecatl

User ID: 23962244
Mexico
09/23/2012 11:23 AM
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Re: You are now banned from owning gold in argentina
Por otro lado se descarta que el Banco Central pueda llegar a comprar ese remanente. La entidad que conduce Mercedes Marcó del Pont es la máxima tenedora del metal precioso ya que cuenta con 62.000 kilos de oro, lo que representa entre el 6 y el 7% de las reservas, pero en ese banco central señalan que;las compras de oro se hacen por canales exclusivos para bancos centrales y resulta imposible desde el punto de vista legal comprarles el remanente a aquellas entidades locales que quieran venderlo.

my translation-
On the other hand one must disregard that the Central Bank could come to purchase this remainder. The entity who manages Mercedes, Marco del Pont (DuPont relation?), is the largest holder of the precious metal, with 62,000 kilos of gold, which represents 6% to 7% of the (national) reserves, but that at the central bank they indicated that the purchases of gold would be made through exclusive channels of the central banks, which makes it impossible, from the legal point of view, to purchase the remaining gold from those entities which would want to sell it.

Last Edited by ehecatl on 09/23/2012 11:31 AM
ehecatl

User ID: 23962244
Mexico
09/23/2012 11:30 AM
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Re: You are now banned from owning gold in argentina
It looks like you are not banned from owning it.

Just buying or selling it, and probably a jewelery exception I would imagine, no?

National laws like this have as many loop-holes and back doors as a spaghetti strainer, remember.
Anonymous Coward
User ID: 23558132
United States
09/23/2012 11:33 AM
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Re: You are now banned from owning gold in argentina
unless your citibank....

[link to www.cronista.com]
 Quoting: Goldfinger 13520531


you're
not
your

moran

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