{"id":22347,"date":"2016-12-27T15:29:41","date_gmt":"2016-12-27T20:29:41","guid":{"rendered":"http:\/\/olduvai.ca\/?p=22347"},"modified":"2016-12-27T15:29:41","modified_gmt":"2016-12-27T20:29:41","slug":"europe-proposes-confiscating-gold-in-crackdown-on-terrorist-financing","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=22347","title":{"rendered":"Europe Proposes Confiscating Gold In Crackdown On “Terrorist Financing”"},"content":{"rendered":"

Europe Proposes Confiscating Gold In Crackdown On “Terrorist Financing”<\/a><\/h3>\n
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Hot on the heels of\u00a0China gold import restrictions<\/a>, and\u00a0India’s demonetization and gold confiscations<\/a>, The European Commission proposed\u00a0tightening controls on cash and precious metals transfers<\/strong>\u00a0from outside the EU under theguise of shutting down one route for funding of militant attacks<\/strong>\u00a0on the continent, following the Berlin Christmas attack.<\/div>\n
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China has already begun de facto gold import restrictions<\/a>, and\u00a0as Jayant Bhandari detailed previously,<\/em><\/a>\u00a0India is experiencing a continuation of new social engineering notifications, each sabotaging wealth-creation, confiscating people\u2019s wealth, and tyrannizing those who refuse to be a part of the herd, in the process destroying the very backbone of the economy and civilization. There are clear signs that in a very convoluted way, possession of gold for investment purposes will be made illegal. Expect capital controls to follow.<\/p>\n

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And now,\u00a0as Reuters reports,<\/a>\u00a0it appears last Monday’s attack on a Christmas market in Berlin, where 12 people were killed as a truck ploughed into a crowd, has given The European Commission just the excuse to tighten capital controls – specifically cash and precious metals – into and out of Europe.<\/div>\n
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It is part of an EU “action plan against terrorist financing” unveiled after the bombings and shootings in Paris in November 2015.<\/strong><\/div>\n

Under the new proposals, customs officials in European Union states can step up checks on cash and prepaid payment cards sent by post or in freight shipments.<\/p>\n

Authorities will also be able to seize cash or precious metals carried by suspect individuals entering the EU.<\/strong><\/p>\n

People carrying more than 10,000 euros (8,413.56 pounds) in cash already have to declare this at customs when entering the EU.\u00a0The new rules would allow authorities to seize money below that threshold “where there are suspicions of criminal activity,” the EU executive commission said in a note.<\/strong><\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Europe Proposes Confiscating Gold In Crackdown On “Terrorist Financing” Hot on the heels of\u00a0China gold import restrictions, and\u00a0India’s demonetization and gold confiscations, The European Commission proposed\u00a0tightening controls on cash and precious metals transfers\u00a0from outside the EU under theguise of shutting down one route for funding of militant attacks\u00a0on the continent, following the Berlin Christmas attack. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[1035,4853,279,284,315,374,647,793,4318],"class_list":["post-22347","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-cash","tag-confiscation","tag-eu","tag-european-union","tag-financial-repression","tag-gold","tag-precious-metals","tag-terrorism","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22347"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22347\/revisions"}],"predecessor-version":[{"id":22348,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/22347\/revisions\/22348"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}