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ranbotrader
Member since May 2012
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>Will World Governments Confiscate Gold?  - Dan Popescu - GoldBroker
What you need to appreciate 1476 AD is that unlike 1935 everything is electronic nowadays. So not hard for the government to find anybody who has bought gold in the past 20 years. So do you really believe that a country which realises that it is on the wrong side of a currency rout is not going to play catch-up any way it can? It brings to mind a story I read in a Denver paper about a guy who claimed he had thrown his gold into a dumpster...to avoid paying out in a marriage break-up. I know where I'll be throwing mine rather than give it to the government I guess!

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Beginning of the headline :As you can see I didn’t ask if the U.S. government will confiscate gold, but if world governments will. The exorbitant debt is global and today is so big that the risk of gold confiscation is global, not just in the U.S. Graph #1: Combined balance sheet totals vs Gold Graph #2: U.S. Debt and Debt Limit vs Gold We know that the U.S. government confiscated its citizen’s gold, allowing them to retain only $100 worth of gold, in 1933. Once confiscation was completed, two years later, th... Read More
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