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Re: The Ascendancy of Gold...

By: DueDillinger in CONSTITUTION | Recommend this post (0)
Thu, 26 Jan 12 11:49 PM | 117 view(s)
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Msg. 17179 of 21975
(This msg. is a reply to 17176 by lkorrow)

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Bullshit. That's a con game by coin dealers to get you to pay high premiums based upon the fear of confiscation.

It's unlikely that there will be any kind of physical confiscation. More likely is a 'windfall profits' tax on the sale of precious metals (AND collectible coins) once the price has skyrocketed. Either confiscation or 'confiscatory taxation' would result in a lively black market.

It's imperative to move assets offshore NOW before the transition to a police state is complete.

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The above is a reply to the following message:
Re: The Ascendancy of Gold...
By: lkorrow
in CONSTITUTION
Thu, 26 Jan 12 11:28 PM
Msg. 17176 of 21975

Seems like they could do whatever they want(?), but a paid ad from PJ Media says:

NOT ALL GOLD IS CREATED EQUAL

PRE-1933 GOLD
PRIVATE
LONG-TERM STABLE GROWTH
NON-REPORTABLE
UNLIKELY TO BE CONFISCATED
VALUED BY WEIGHT, CONDITION, & POPULATION

GOLD BULLION
LACK OF PRIVACY
SHORT-TERM, SOMETIMES VIOLENT FLUCTUATIONS
REPORTABLE
LIKELY TO BE CONFISCATED
RELIES ON SPOT PRICE ALONE TO ESTABLISH VALUE

http://www.startwithgold.com/resources/pjmedia/pjmedia-20120123-0394.php


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