Ponce
14th September 2010, 05:42 PM
Tuesday, September 14, 2010
Gold Confiscation: Straws in the Wind.
David Galland
Managing Director
Casey Research
In the emails that our readers at Casey Research send our way, questions and concerns about the possibility of gold confiscation rank high.
My somewhat standard response is that, yes, it’s possible, but that we should see straws in the wind well before it happened… allowing us to take measures to protect ourselves.
While I don’t want to make too big a deal about it, there have been clear signs of late that the U.S. government is taking an unhealthy interest in your gold.
My recent article “I Smell a VAT†touched on one such straw. The relevant point being that, thanks to a regulation slipped into the healthcare legislation, coin dealers – and all businesses, for that matter – will have to begin reporting any purchases of $600 or more from anyone, including clients selling back their gold
http://www.activistpost.com/2010/09/gold-confiscation-straws-in-wind.html
Gold Confiscation: Straws in the Wind.
David Galland
Managing Director
Casey Research
In the emails that our readers at Casey Research send our way, questions and concerns about the possibility of gold confiscation rank high.
My somewhat standard response is that, yes, it’s possible, but that we should see straws in the wind well before it happened… allowing us to take measures to protect ourselves.
While I don’t want to make too big a deal about it, there have been clear signs of late that the U.S. government is taking an unhealthy interest in your gold.
My recent article “I Smell a VAT†touched on one such straw. The relevant point being that, thanks to a regulation slipped into the healthcare legislation, coin dealers – and all businesses, for that matter – will have to begin reporting any purchases of $600 or more from anyone, including clients selling back their gold
http://www.activistpost.com/2010/09/gold-confiscation-straws-in-wind.html