How Obama could confiscate your gold according to Marc Faber
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Obama wants gold? That's like saying Newt Gingrich wants the moon! Oh wait...
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Oh my: Obama is at my door right now and he wants my gold. help me, help me.
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Get ready for fallout!!
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Of course they'll devalue i.e. belittle previously contracted debt by inflation to make real term returns lower but that'll shoot their credibility rating down OR if they make anything like a habit of monetising debt, will make their currencies dropped like a bomb if the government looks like it's getting insolvent
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Government will start to keep track of precious metals. So they can tax it and confiscate it. They wont directly confiscate it of course but they will set up some program that will pay you top dollar/offer some GIC BS or use fear mongering (stage home invasions) and then when they attain the majority of the gold they will give the okay to the elitists to abandon the US dollar as a reserve currency, which will plummet the US currency and give the elitists a stepping stone for a world currency/gov
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@Jedadieya All this stuff is freaking me out. I was thinking of doing this penny copper saving thing gold silver... Your water thing really makes the most sence. I subscribed to you.
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In Zimbabwe, a country which is the epitome of catastrophic hyperinflation, some stores actually only allow gold in exchange for goods. So, it's possible that this might happen when inflation takes its toll.
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@lostbuffalo NOT TALKING ABOUT WATER STOCKS DUMBASS...I'm talking about sinking some wells on your land and providing fresh water for you and your family...try this experiment...go without water and see how long you can last...no liquids..peace
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they can take it out of my cold dead hands... if i had any
yay78900 3 months ago 25
i think i need to buy a gun
wiechersjm9 1 month ago 16