Basement Gold Buyers

Ever herd of these guys, well this is the new thing going around here, people putting a scale in their basement, and buying gold from the public, no paper work, no licenses, they pay not tax’s, they do not even have a registered business. How do you does this effect me well lets see just in the loss of tax revenue as a tax payer you should be concerned. The fact that there is no paper work on what they are buying, and from who should have you worried because all the gold jewelery that is being stolen from the homes in the area may be ending up in one of these basements. Not only are these people buying gold, they are selling it too, but hey maybe that is ok with some of you out there I do not know

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