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Re: The Ascendancy of Gold...

By: lkorrow in CONSTITUTION | Recommend this post (0)
Fri, 27 Jan 12 8:52 PM | 98 view(s)
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Msg. 17183 of 21975
(This msg. is a reply to 17179 by DueDillinger)

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Good heavens.




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Re: The Ascendancy of Gold...
By: DueDillinger
in CONSTITUTION
Thu, 26 Jan 12 11:49 PM
Msg. 17179 of 21975

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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