Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Confiscating gold
03-01-2016, 10:45 AM
Post: #11
RE: Confiscating gold
M.D correct, in the past when times got tough, you could always barter food, booze, ammo,tobacco , seeds etc.
Find all posts by this user
Quote this message in a reply
03-01-2016, 07:05 PM (This post was last modified: 03-01-2016 07:09 PM by Mike G.)
Post: #12
RE: Confiscating gold
It all comes down to the dollars worth, if you have your worth in land and livestock and equipment then there would be little reason for you to buy gold or silver, you have tangible assets.

If your money is digits in your local or national bank, your assets are digits. What is a digit worth when the shtf, is it worth a cow, is it worth an acre of 60 year old hardwood woodland, no it is worth a digit, an entry in a digital record and once the lights go out, just as I've written here. Poof gone.

You might have some paper some where that they sent you, but how current is that, a week old, a month old, poof.

Physical gold and silver is what it is, someone dug it out of the ground, they spent time and money for all their labor, gold is the standard, but silver though used for coin has even industrial value.

Both markets are manipulated by the government, none of these governments want their fiat dollars compared to some real value, like gold, they don't want anyone peddling fiction, their fiat is the best or they damn well will shoot you.

THAT is the value of gold and silver, the comparison of the paper that is in your wallet or digits in faraway fund. Gold and silver hold value that is all of its value, paper holds shit
Find all posts by this user
Quote this message in a reply
03-01-2016, 09:38 PM
Post: #13
RE: Confiscating gold
Money is nothing more than an IOU. The money itself has no value. Money is just an abstract construct. - http://www.liberty-news.com/cartoons/IOU...rc=hyg2818
Find all posts by this user
Quote this message in a reply
03-03-2016, 09:32 AM (This post was last modified: 03-03-2016 10:01 AM by Maine Democrat.)
Post: #14
RE: Confiscating gold
Like hungry lions following the wildebeest herd, whenever we pile up something of value in one place, it attracts the attention of those who want to take it. Our hungry government is more than broke, so it is not inconceivable to me that it will come after any big pile of wealth.

It has already come after the trillions involved in the healthcare industry to take a cut of that.
http://www.forbes.com/sites/danmunro/201...3166d7313d

The wealth in individual retirement accounts is likely next, to keep it safer for us of course. https://www.ici.org/pressroom/news/ret_10_q4

In an "emergency" it may have to manage our savings for "our own good".
https://research.stlouisfed.org/fred2/series/WSAVNS

The wilderbeest only has one thing of value, its life. Until we get to that point, you might be better off to do something different than run with the herd.
Find all posts by this user
Quote this message in a reply
03-03-2016, 08:55 PM
Post: #15
RE: Confiscating gold
(03-03-2016 09:32 AM)Maine Democrat Wrote:  Like hungry lions following the wildebeest herd, whenever we pile up something of value in one place, it attracts the attention of those who want to take it. Our hungry government is more than broke, so it is not inconceivable to me that it will come after any big pile of wealth.

It has already come after the trillions involved in the healthcare industry to take a cut of that.
http://www.forbes.com/sites/danmunro/201...3166d7313d

The wealth in individual retirement accounts is likely next, to keep it safer for us of course. https://www.ici.org/pressroom/news/ret_10_q4

In an "emergency" it may have to manage our savings for "our own good".
https://research.stlouisfed.org/fred2/series/WSAVNS

The wilderbeest only has one thing of value, its life. Until we get to that point, you might be better off to do something different than run with the herd.



In 1929, and for a while after, those who had LOTS of "digits", and had seen them disappear like a David Copperfield magic trick, jumped out of 20th floor windows, to their death, as they could not imagine a life without their "money".

Today, except for a very small number of our elders, there is nobody else alive who has first hand memory of that event, and the aftermath!

It has been said many times that history REPEATS itself, and in my mind it is about to do it again!

If you look around the internet at pictures of "soup kitchens" in the great depression, you will notice something.......they were ALL in cities! Here's some from Google images.
[Image: sooupkitchens_zpsrqx6mbno.jpg]


Farmers, and other rural people, never had any money before the great crash, so did not hardly notice it, and surely did NOT lose much in it. But these folks had some things that had way more value than money. They had the ability to keep themselves dry and out of the weather, they had fuel to keep themselves warm, and to cook with, and most importantly of all, they had the ability to produce their own food.....literally forever. Land is like that. Of course those who rent and own condos have no concept of what "owning land" can really mean! They are going to find out the hard way one day soon methinks!

You see Virginia, there are SOME things way more valuable than...........MONEY!

Only fools think money is the key to everything!

WC
Find all posts by this user
Quote this message in a reply
05-09-2016, 01:22 PM
Post: #16
RE: Confiscating gold
I know every crossing of the Penobscot, Kennebec and Androscoggin Rivers - to the sea. I have stood with one foot on each side of the Penobscot River. I know which railroad bridges can be crossed with a pickup truck. Some "authority" may disapprove, but when TSHTF, such travel exigencies may have low importance to those same "authorities".
Find all posts by this user
Quote this message in a reply
05-09-2016, 11:32 PM (This post was last modified: 05-09-2016 11:35 PM by Mike G.)
Post: #17
RE: Confiscating gold
WC

That is right, it is called hard assets, and while some are worth more than others, hard assets are at apparently this point in time, more valuable than money, fiat money.

Whether it be gold butter or guns, each has more value than that federal promise to pay, "we will bomb your ass" if you don't covet it.

And let's also consider this, the negative interest rates, the zero interest rates, all are designed for us to dump the fiat for hard assets, buy hard assets, it is what they want us to do.

Actually they want us to buy fraudulent assets like stocks and bonds, but turn it around for them. ; )
Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | My Site | Return to Top | Return to Content | Lite (Archive) Mode | RSS Syndication