Of course they didn't go to people's houses then. They knew they would get shot. Support your 2nd Amendment, and prevent them from doing such in the future.
Regarding the gold confiscation, citizens received $20 an ounce when they turned their gold in but just a few months later after all the gold had been turned in, FDR and the Fed changed the rate to $35 an ounce. So anyone foolish enough to turn in their gold lost 42% of the value of their money overnight.
eagles gold and silver are non reportable unless its over 5000.00 dollars. the fact is the metal itself for eagles is non reportable except transactions over 5000.00 dollars are.
"Germany's unforgivable crime before the second world war," Churchill said," was her attempt to extricate her economic power from the world's trading system and to create her own exchange mechanism which would deny world finance its opportunity to profit." (Churchill to Lord Robert Boothby, quoted in the Foreword, 2nd Ed. Sydney Rogerson, 'Propaganda in the Next War' 2001, orig. 1938.)
Support Ron Paul's HR 4248, Free Competition in Currency Act !!!
It doesn't matter the form. If the Feds want it, they'll just make it law that you must turn in gold of any type. December 31, 1974, with Executive Order 11825, President Gerald Ford repealed the Executive Order that Roosevelt used to call in gold in 1933, and on the same day Congress passed a law allowing for legal ownership again. So currently there is no laws regarding confiscation. If they pass a new one, it'll be interesting to see who complies.
Don't worry, All you need is a blow torch and your bullion is now gold nuggets and can be considered exempt. The law stated that gold coin, gold bullion and gold certificates would be confiscated. Not gold nuggets,gold jewelry, gold art etc. Don't worry be happy, and have a good torch and a crucible handy.
They didn't show up at your door step back then, BUT they didn't have internet and credit cards, and all other sorts of ways to track purchases. That's the only way i think they will start showing up on doorsteps.
Good point, even wire transfers go thru the Fed - all transactions from FDIC banks are stored also. Ron Paul and Gerald Celente don't think they will try to confiscate gold, but the govt always comes up with "schemes undreamed of."
A perfect time to stock up before the next upward trend!
It's all positive in my books,I guess it helps when you already know in advance that it was going to drop,therefore I'm not sweating it but rather taking the opportunity to reload!!!
2:12 lol! you're the man :)
redhotbits 11 months ago
Of course they didn't go to people's houses then. They knew they would get shot. Support your 2nd Amendment, and prevent them from doing such in the future.
Joe11Blue 1 year ago
I think lead will be the metal of choice if the poo hits the fan.
mrdbaghater 1 year ago
Very informative video thank you
lilbromarky1 1 year ago
Regarding the gold confiscation, citizens received $20 an ounce when they turned their gold in but just a few months later after all the gold had been turned in, FDR and the Fed changed the rate to $35 an ounce. So anyone foolish enough to turn in their gold lost 42% of the value of their money overnight.
FDR was a crook.
penguinistas 1 year ago
eagles gold and silver are non reportable unless its over 5000.00 dollars. the fact is the metal itself for eagles is non reportable except transactions over 5000.00 dollars are.
TheCashistrash 1 year ago
How about gold buffalos? Also currently listed as numismatic?
TadRapidly 2 years ago
@TadRapidly excellent question, I will have to look into.
silverfuturist 2 years ago
WINSTON CHURCHILL
"Germany's unforgivable crime before the second world war," Churchill said," was her attempt to extricate her economic power from the world's trading system and to create her own exchange mechanism which would deny world finance its opportunity to profit." (Churchill to Lord Robert Boothby, quoted in the Foreword, 2nd Ed. Sydney Rogerson, 'Propaganda in the Next War' 2001, orig. 1938.)
Support Ron Paul's HR 4248, Free Competition in Currency Act !!!
LibertaerUeberAlles 2 years ago
It doesn't matter the form. If the Feds want it, they'll just make it law that you must turn in gold of any type. December 31, 1974, with Executive Order 11825, President Gerald Ford repealed the Executive Order that Roosevelt used to call in gold in 1933, and on the same day Congress passed a law allowing for legal ownership again. So currently there is no laws regarding confiscation. If they pass a new one, it'll be interesting to see who complies.
72542 2 years ago
Don't worry, All you need is a blow torch and your bullion is now gold nuggets and can be considered exempt. The law stated that gold coin, gold bullion and gold certificates would be confiscated. Not gold nuggets,gold jewelry, gold art etc. Don't worry be happy, and have a good torch and a crucible handy.
50plussilver 2 years ago
Lol, great idea. Make your own jewelry! The melting point of gold is 1947.9741 °F so it might require a strong torch.
silverfuturist 2 years ago
yeah don't trust 'em. they'll make up any rules they want
great video thanks!
LysSpooner 2 years ago
100 gram gold pampe suisse are not on that list i hope?
donniebrasco24 2 years ago
If it is a part of jewelry, no then. Maybe we need to have the big medalion 70s fad to come back... so we can turn bullion into jewelry.
silverfuturist 2 years ago
They didn't show up at your door step back then, BUT they didn't have internet and credit cards, and all other sorts of ways to track purchases. That's the only way i think they will start showing up on doorsteps.
bdc03 2 years ago
Good point, even wire transfers go thru the Fed - all transactions from FDIC banks are stored also. Ron Paul and Gerald Celente don't think they will try to confiscate gold, but the govt always comes up with "schemes undreamed of."
silverfuturist 2 years ago
damn, silver is crashing right now, it's on the verge of going under 16.00 an ounce, ouch!!
donniebrasco24 2 years ago
I tried not to look! They can take the price down more, right now silver and gold is a paper game. That game can't last forever... I am patient.
silverfuturist 2 years ago
HOORAY!!!
A perfect time to stock up before the next upward trend!
It's all positive in my books,I guess it helps when you already know in advance that it was going to drop,therefore I'm not sweating it but rather taking the opportunity to reload!!!
BYE BYE Fiat currency!
connectingdots1 2 years ago
Good. Are you buying or selling? If you are buying, don't you want it cheap?
sampainter 2 years ago
All I buy is Silver Eagles... Even though there above spot, you can sell them back at spot or more if they do ever explode.
charlesfuchs 2 years ago
I just pay in cash, they can report it all they want, I leave no paper trail on my bullion.
tantoi10man 2 years ago
: )
BackBurnerNews 2 years ago
Very good points, good to have u on board, we cannot cover it all! Keep them coming, 5 stars!
toshibavoodoo 2 years ago
5 Stars.. thanks for the info
Eraser7622 2 years ago
Very good points, good to have u on board, we cannot cover it all! Keep them coming, 5 stars!
Hendo1974 2 years ago 2
posted that before i,d done , was gonna say that i enjoy your videos very informative , cheers
heidisweep 2 years ago 2
some dude on the back .. you can,t call a british monarch some dude its much too nicer term
heidisweep 2 years ago
Good history lesson.
They'll never get my stash!!
JOHNNYH8STHENWO 2 years ago 2
That is true, it was "gold nationalization" to quote Mike Maloney who talked about it in a video. I forgot to include that in my video!
silverfuturist 2 years ago
Great vid :o)
GuildF40 2 years ago 2