Want to sell gold in Houston? Be prepared to be treated as a criminal.

[jdmyprez_deo_vindice]

http://abclocal.go.com/ktrk/story?section=news/local&id=8982844


The Houston City Council passed an ordinance meant to help track down criminals who try to resell stolen valuables. Gold-buying businesses will now be required to photograph and fingerprint sellers as well as photograph the items that are being sold to the dealer.

[Spikender]

Photograph and fingerprint sellers and photograph their merchandise?

But they neglect a cavity search for gold rings hidden in anal cavities?

For shame. Step your game up, big brother.

[Danke]

wow. everyday, something new. Open up a PM business just outside the city limits?

[pacodever]

I recently sold some silver and they just required my driver's license. That seems more than sufficient. Photographing and fingerprinting is ridiculous.

[Seraphim]

Real capital bastardized in the face of largescale ponzi/confetti capital? Say it ain't so...

[Pisces]

I doubt this will have much effect on thieves. They can just sell their loot in Conroe, Galveston or any other of the surrounding cities.

[MikeStanart]

Councilwoman Helena Brown campaigned hard against this. (She's a Liberty pusher)

[Carson]

Maybe they also want to track the capital gains taxes that are on the illusion of a capital gain.

[camp_steveo]

Hey, if you don't have anything to hide...

/SMH

[VoluntaryAmerican]

This isn't just Houston... the laws here in NJ for precious metal buyers are almost as bad. (no fingerprints yet) but you basically have to be in touch with the police constantly. This is the only reason I decided to go to college instead of starting a cash for gold shop. I am amazed how many of these businesses open up, despite all the laws. Brave capitalists than I.