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Thread: Gold

  1. #4431
    Legend peat's Avatar
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    InfoMine: A history of gold confiscation




    http://bit.ly/Yd0vT6
    For clarity, nothing I say is advice....

  2. #4432
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    Now that the debt has been cleared from the system and the economy is growing on its own,the Dow has reached an all time high-----which part of this statement is fiction??

  3. #4433
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    Quote Originally Posted by peat View Post
    InfoMine: A history of gold confiscation




    http://bit.ly/Yd0vT6
    Confiscation. lol. Only for the truly paranoid.

  4. #4434
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    Quote Originally Posted by Skol View Post
    Confiscation. lol. Only for the truly paranoid.
    I don't think it will happen Skol but was amazed to see it had happened so many times. Which kind of means its reasonably possible after all. One of my favourite sayings is 'History repeats itself, first as tragedy then as farce.' If you don't learn from history...
    For clarity, nothing I say is advice....

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    Huge jump in NFP, Unemployment rate improved well above expectations.
    Gold doesn’t seem to have reacted too much. All other USD cross rates got slaughtered.

  7. #4437
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    Quote Originally Posted by Skol View Post
    Confiscation. lol. Only for the truly paranoid.
    Lets hope history doesnt repeat itself in that area--So why did it happen before?

  8. #4438
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    I have no idea, a truly stupid move, will they confiscate my cows?

  9. #4439
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    In the case of the states[FDR]it was to ''provide relief for the banking emergency and other reasons''
    He was trying to stabilize a shaky banking system
    When Thailand experienced the Asian crises their currency crashed.
    The monks asked everyone to donate their gold, which most did-It provided a ''base'' and saved their economy from oblivion.
    How did president Clinton and Monica Lewinski end up creating the asian crises[which ulitimately led to China's economic rise? --Well thats another storey

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