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🚨 IT STARTS MONDAY: New Precious Metal Reporting Law Takes Effect — Privacy Gone 🚨 In 72 hours, the era of private precious metals ownership in America ends. The Precious Metals Transaction Transparency Act takes effect at 12:01 AM Monday. From that moment forward, every purchase of gold or silver above $1,000 triggers a mandatory federal report. Your name. Your Social Security number. Your address. What you bought. How you paid. All of it transmitted to FinCEN within 24 hours. Key provisions taking effect Monday: • $1,000 reporting threshold (down from $10,000 for cash) • ALL payment methods covered (cash, card, wire, crypto) • Full identity verification required for all purchases • 7-year record retention by dealers • Federal access to records without warrant • Criminal penalties for non-compliance (5 years) This is not about catching criminals. This is about building a database of every American who owns precious metals. Every ounce. Every coin. Every bar. Tracked, catalogued, and permanently recorded. The infrastructure being built enables: • Tax enforcement on precious metals gains • Future wealth tax assessment • Potential confiscation (they'll know exactly who has what) You have 72 hours before every purchase enters a federal database. This video reveals exactly what the law requires, why it's being implemented now, and what you can do before Monday. ══════════════════════════════════════════════ 📊 IN THIS VIDEO: 🔴 The Law: Precious Metals Transaction Transparency Act explained 🔴 The Threshold: $1,000 triggers mandatory federal report 🔴 The Information: Name, SSN, address, products, amounts — ALL collected 🔴 The Timeline: Takes effect 12:01 AM Monday 🔴 The Escalation: Threshold will drop to $500, then $250 🔴 Future Phases: Holding reporting, wealth taxes, confiscation infrastructure 🔴 The 72-Hour Window: What to do before Monday 🔴 Actionable Steps: Protect your privacy while you still can ══════════════════════════════════════════════ 💡 KEY REVELATIONS: • $1,000 threshold for mandatory federal reporting • ALL payment methods covered (not just cash) • Full identity verification required (government ID, SSN) • Dealers must register as Money Services Businesses • 7-year record retention accessible to federal agencies • Aggregation rules prevent breaking up purchases • Criminal penalties: 5 years prison, $100K fines • 30 million transactions annually will be reported • Threshold expected to drop to $500, then $250 • Holding reporting likely within 3-4 years ══════════════════════════════════════════════ 📌 SOURCES: FinCEN Precious Metals Guidance https://www.fincen.gov/ Bank Secrecy Act Requirements https://www.occ.gov/topics/supervisio... IRS Precious Metals Reporting https://www.irs.gov/businesses/small-... Financial Action Task Force Guidelines https://www.fatf-gafi.org/ ══════════════════════════════════════════════ 🔔 SUBSCRIBE: Finance Reality ══════════════════════════════════════════════ ⚠️ DISCLAIMER: This video is for educational and entertainment purposes only. This is not legal or financial advice. Regulatory requirements are complex and may vary. Always consult with qualified attorneys and financial professionals. Comply with all applicable laws. Verify all regulatory information through official government sources. ══════════════════════════════════════════════ #preciousmetals #gold #silver #reporting #privacy #surveillance #fincen #financereality ══════════════════════════════════════════════