USA To Confiscate Gold? - Mike Maloney at Silver Summit Asia (Invest)

http://www.goldsilverdvd.com Hi folks, just a short clip today about confiscation. This is one of the most common questions that Mike receives so I figured it would be a good one to upload. Always keen to hear you thoughts. Peace, Dan

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[whygoldandsilver]

Hi folks, do you think that the USA will try and nationailse gold again? Answers below thanks!

[blabblab1212]

Fear is the enemy and everyone is scared. Scared people are easier to control. Do not give in to fear. Keep a level head and an open mind. The truth is: you don't know what is going to happen. What happens, happens. You can't predict the future no matter how hard you try. 1,2,3,4 Sha, La, La-La-La-La Live for today and don't about tomorrow, hey, hey, hey, hey, hey...........................­................

[whygoldandsilver]

@blabblab1212 I get what you are saying. But there are certain historical cycles that seem to repeat over and over again. We can't predict the small events, but the big picture is becoming clearer to more and more people every day. Thanks, Dan

[contentlocked99]

im gonna start saving working a construction job, and as soon as i get like 10k im gonna invest in precious metals...

[petechef27nj]

they sold us into debt and now with patroit act come and get me if you can

[YiuTeub]

@Ditosev78 Tell the government you heard they were confiscating so you decided to give it to a bum instead. Hide it and tell them to find the bum.

[jsyc07]

@SovereignBeing Semi-tyrannical gov't? They still haven't stolen all of our assets.

[SovereignBeing]

@jsyc07 'assuming we dont end up with a tyrannical govt'! lol what do you think we have now?

[preparadox]

I read that they were "fully reimbursed" at about 10 cents on the dollar of its value.

[MONOPOLY35]

@jsyc07 I hope that doesn't happen. Hopefully we will have a "peaceful" hyperinflation like Zimbabwe where communities still gather, people resort to panning for gold, and another currency helps stabilize the country. Unfortunately, that probably won't happen to the hyperinflated World's Reserve Currency. I'd rather have the rich evacuate and leave the business instead of enslaving us with FEMA (conspiracy theory). Some people are predicting a North American Union (good today, chaos tomorrow).

[jsyc07]

@MONOPOLY35 Thanks for the response. What's going to happen is gold and silver will once again become money and we will be able to spend our metals on undervalued assets. That could be income generating real estate, stocks or businesses. That's all assuming we don't end up with a tyrannical gov't.

[MONOPOLY35]

@jsyc07 Maloney said in his Gold Silver documentary that when gold suddenly goes vertical/parabolic, it becomes overvalued. Since Real Estate prices will probably be DIRT cheap by then, Maloney says to trade overvalued gold for real estate/land. "As the dollar gets weaker compared to the world's currencies, foreign countries will come in here and buy up this country for dimes on the dollar" -Gerald Celente. I believe Maloney is encouraging gold buyers to take advantage of that event as well.

[DocWog]

Demand and supply is an economic model of price determination in a market.

Silver and gold is a good long-term investment for those who can afford it, BUT it seems to me that continuous growth of the gold price is clearly due to artificial market manipulation intentionally created by rich and powerful. By escalating people's interest and their further desires, it is obvious why price is continue sky rocketing.