Apparently, one section of the bill bans US traders from trading gold and silver if they don't intend to sell it within 28 days. Recently, a major Foreign Exchange Company sent out the following---notice it will become in effect in little over a month.
This excerpt was sent out by the major gold and silver brokerage company FOREX:
We wanted to make you aware of some upcoming changes to FOREX.com’s product offering. As a result of the Dodd-Frank Act enacted by US Congress, a new regulation prohibiting US residents from trading over the counter precious metals, including gold and silver, will go into effect on Friday, July 15, 2011.This is not a conspiracy folks.
In conjunction with this new regulation, FOREX.com must discontinue metals trading for US residents on Friday, July 15, 2011 at the close of trading at 5pm ET. As a result, all open metals positions must be closed by July 15, 2011 at 5pm ET.
As for OTC precious metals such as gold or silver, Section 742(a) of the Act prohibits any person [which again includes companies]from entering into, or offering to enter into, a transaction in any commodity with a person that is not an eligible contract participant or an eligible commercial entity, on a leveraged or margined basis. This provision intends to expand the narrow so called “Zelener fix” in the Farm Bill previously ratified by congress in 2008. The Farm Bill empowered the CFTC to pursue anti-fraud actions involving rolling spot transactions and/or other leveraged forex transactions without the need to prove that they are futures contracts. The Dodd-Frank Act now expands this authority to include virtually all retail cash commodity market products that involve leverage or margin – in other words OTC precious metals.
To read more, a more thorough coverage of the topic can be found here:
For the "new order" to take root, a new currency must be formed--a world currency. Hence, the American dollar must continue to depreciate. Making trading over the counter precious metals (physical form) illegal helps remove alternative forms of currency (i.e. competition to the American dollar), so that the current Central Bank (The Federal Reserve) and the Government can continue to force Americans to the us the dollar longer, despite its crumbling value. As long as the people are prevented from using real currency, real money, the ruling elite can further debase the fiat currency of the dollar. Why would they want to do that? Simple, to pay off the massive debt that has become to large to repay.
Eventually the house of cards will collapse and the world government will form behind a world currency. That currency cannot be gold or silver--it must be fiat, and controlled by those in power. Thus, gold and silver are antithetical to everything the elites stand for. Eliminating the ability to obtain these metals is an important step toward maintaining their power and control.