France bans sending money, gold and silver coins by post

The bill proposed by France to prohibit the sending of cash payments and gold and silver in small postal items has been approved. This law has a major impact on various companies. In particular, TV advertisements offering gold coins can no longer be broadcast, because these companies almost always send their orders by post. It is said that with this measure, the government is trying to reduce the trading of small amounts of gold and cash among private individuals.

In September 2011, the French government introduced severe measures to limit anonymous and cash purchases of gold and silver. From then on, all purchases of gold and silver above €450 had to be made via bank transfer.  The new supplementary law to reduce trading among private individuals prohibits the sending of precious metals and banknotes or coins in postal packages.

The law reads as follows: ''Art. D. 1.-L'insertion de billets de banque, de pièces et de métaux précieux est interdite dans les envois postaux, y compris dans les envois à valeur déclarée, les envois recommandés et les envois faisant l'objet de formalités attestant leur dépôt et leur distribution.''

The meaning of this is: Collectors and investors of silver and gold, who usually buy their precious metals via the internet, are no longer allowed to send their purchases by post. The new law would also prevent jewellers from practising their profession. To prevent this, a number of exceptions have been built into the law. Despite these exceptions, the goal remains "to prevent any transaction between private individuals involving gold and silver." It is striking that not a single French mainstream media outlet is unloading about this new law.

The idea that people are going to take their destiny into their own hands bothers the Central Banks and European governments. Because it is a market that cannot be fully controlled, they try to recontrol the sale of gold in this way. The euro crisis also plays a role in the introduction of the new law. Now that we are at a time when some countries of the Eurozone are thinking about saying goodbye to the single currency 'The Euro', the European Union is afraid of a scenario in which people exchange their euros en masse for gold and silver. If this happens, the plans to create a European superstate, which would form the basis of the new world currency 'The Euro', would collapse. To prevent this, Central Banks are introducing new measures to prevent the Euro from collapsing.

Source: http://www.express.be