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<p>[QUOTE="silentnviolent, post: 2124858, member: 8797"]It's because of swindlers in b&m shops paying a fraction of melt to naive, usually elderly and frequently recently widowed people in mourning. </p><p><br /></p><p>Those same swindlers then turn around and sell that bullion for several times spot to other naive elderly widows looking to invest the retirement fund.</p><p><br /></p><p>Keep in mind this legislation was written at the bursting of the silver bubble as a direct response to both unscrupulous b&m's (another high profile case recently was a St Paul based dealer defrauding interstate customers with fakes he traveled to China to buy), as well as traveling buyers moving from motel to motel.</p><p><br /></p><p>I hate the law. That is why I'm so vocal every time certain "pawn" guys come on here bragging about ripping people off. This is where that crap leads us.[/QUOTE]</p><p><br /></p>
[QUOTE="silentnviolent, post: 2124858, member: 8797"]It's because of swindlers in b&m shops paying a fraction of melt to naive, usually elderly and frequently recently widowed people in mourning. Those same swindlers then turn around and sell that bullion for several times spot to other naive elderly widows looking to invest the retirement fund. Keep in mind this legislation was written at the bursting of the silver bubble as a direct response to both unscrupulous b&m's (another high profile case recently was a St Paul based dealer defrauding interstate customers with fakes he traveled to China to buy), as well as traveling buyers moving from motel to motel. I hate the law. That is why I'm so vocal every time certain "pawn" guys come on here bragging about ripping people off. This is where that crap leads us.[/QUOTE]
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