I did some research into the claims made by that article. If you read the actual text of the act, it only outlaws the trading of commodities
on margin by unlicensed brokers. That's a far cry from the headline's claim. This won't affect most of us, it seems, and it certainly won't affect the gold and silver bugs with their vaults full of precious metals.
It does basically prohibit trading for the average Joe. You need to take an exam and have a net worth of over $1 million (excluding primary residence) or make $200k a year. Someone very astutely commented:
"the modern control matrix of prohibiting something is to leave it technically legal, thereby diffusing anti-tyranny opposition, but bury the actual activity in so many regulations, fees, and licenses, as to make it virtually impossible for a person of average means, knowledge, motivation, and connections, to conduct it with any level of enjoyment, profit margin, or benefits."
