KTRKWed, 06 Feb 2013 13:32 UTC

Next time you try to sell gold, silver or other precious metals in Houston you can expect to be fingerprinted and photographed.
The Houston City Council passed an ordinance meant to help track down criminals who try to resell stolen valuables. Gold-buying businesses will now be required to photograph and fingerprint sellers as well as photograph the items that are being sold to the dealer.
"It's going to allow us the tools necessary to combat a lot of the high-end jewelry thefts that's going on in the city, whether it's robberies or burglaries," said Houston Police Officer Rick Barajas.
A similar ordinance is already in place for scrap metal sellers and dealers.
copyright 2011
by Clif High
However, on the bright and shining side, the [nominal price] of [gold and silver coins/bars] is indicated to [soar], [escalate], [skyrocket], et cetera. This [upward price pressure] is indicated to be especially true in the [gray markets] of the planet. However, the data sets indicate that even the [managed markets] will [respond] to [new status of precious metals].