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COULD OBAMA BAN/CONFISCATE GOLD?

 
The Jurist

User ID: 684167
United States
05/23/2009 03:00 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
It happened under FDR, it can happen again.

Keep in mind that Time Magazine portrayed him as the NEW, New Deal.

See this article in regard to US citizens being controled under privileges Thread: 9th Circuit Incorporates 2nd Amendment
See my comments at the bottom of page 1
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Anonymous Coward
User ID: 368888
United States
05/23/2009 05:29 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
Idol1

The only answer, is a universal virtual credit currency unit that is traceable for each and every transaction carried out.

No more theft, as every valuable item either bought or sold would have a unique id number that traces to the unique id number of the parties involved in the transaction.

Idol1
 Quoting: Anonymous Coward 684717



It seems easy for your identity to be stolen now. Wouldn't this make it easier to lose all your money if everything is "online"?
Anonymous Coward
User ID: 368888
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05/23/2009 05:31 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
Well, I don't think it will be outright confiscation...but I do think they might create a law that says, "You are required by law to forfeit any gold that you have and we will give $x dollars for it. Just like they did in the 30's.
 Quoting: TheGasMan



Unless you are completely without funds to survive, you can hold that gold "quietly" and give you your heirs.
Anonymous Coward
User ID: 685765
Canada
05/23/2009 05:33 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
fools,gold a;ready is band
von doom
User ID: 679212
United States
05/23/2009 06:05 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
There's a simple solution to this...

Put all of your money into baseball cards, comic books and action figures.
Hopefully they shouldn't confiscate it. tounge



Food, booze and cigs would be the ideal investment alternative though.
 Quoting: Anonymous Coward 684934


When there is uncertainty aplenty, investors actually do this and I'm not joking.

Antiques and collectibles.
picesnator

User ID: 639746
United States
05/23/2009 06:08 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
that'll be one more thing on the pile to hang his ass....

Last Edited by picesnator on 05/23/2009 06:13 PM
TheGasMan  (OP)

User ID: 410747
United States
05/23/2009 07:03 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
It happened under FDR, it can happen again.

Keep in mind that Time Magazine portrayed him as the NEW, New Deal.

See this article in regard to US citizens being controled under privileges Thread: 9th Circuit Incorporates 2nd Amendment
See my comments at the bottom of page 1
 Quoting: The Jurist

Yep, it wouldn't surprise me one bit. Change is a coming one way or another, that is for sure.
Anonymous Coward
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05/23/2009 07:05 PM
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Re: COULD OBAMA BAN/CONFISCATE GOLD?
hope eh??





GLP