Austria restricts gold purchase by individuals

A newly enacted Gold policy in Austria that restricts the free purchase of gold by individuals may just be the start of a European policy shift that might border on infringing an individual’s financial freedom.

-As per the new Austrian policies, individuals who wish to purchase gold will be restricted to purchase only 15000 Euros worth of gold at a time making gold an officially “restricted” commodity.

via Austria restricts gold purchase by individuals | www.commodityonline.com | 3.

Advertisements

One thought on “Austria restricts gold purchase by individuals

  1. How about you “fact-check” your article before you blindly repost a poorly investigated story.

    This “law” exists for more than 6 years now and its SOLE!! purpose is to fight money laundering, therefore you can only ANONYMOUSLY!! purchase gold worth up to 15.000 Euros. ANY LARGER SUM REQUIRES TO REVEAL YOUR IDENTITY (passport etc.)

    To sum it up: THERE IS NO SUCH RESTRICTION IN OUR COUNTRY, YOU CAN BUY AS MUCH GOLD AS YOU LIKE (EVEN AT A TIME) -> YOU JUST CANT DO IT ANONYMOUSLY

    Stop coming up with such rumors, there is way too much really serious stuff going on.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s