"RED ALERT" -Confiscation this year for a New World Currency

[JJ.G0ldD0t]

http://sherriequestioningall.blogspot.com/2011/02/exclusive-red-alert-email-between-metal.html


I call BS

Poll's just 'cuz I've never done one ;D
:oo-->
Read the rest at the link - but here's the "warning"


RED ALERT


Editor: There is a plan to use the IMF (AKA US Treasury and Wall Street) to be the front man for the new world order and one currency. We also got disturbing news yesterday from an impeccable source that when gold touches $2,000 it’s confiscated in the USA for about $200. Then it’s to be reissued by the Treasury for $10,000 per ounce to back the new IMF world currency using SDRS in 2011. Large physical gold is being moved to Canada. http://money.cnn.com/2011/02/10/markets/dollar/index.htm

[chad]

i was on board until i read that it came from kitco.

[midnight rambler]

http://www.texasescapes.com/LindaKirkpatrick/FlagComeNTakeItLK.jpg

[k-os]

It could happen. I am no longer able to predict the rabbits they can pull out of their hats.

[Jazkal]

If gold was "$10,000 per ounce", then silver would be around $225 - $600 an oz. Bring it on.

To bad I lost all my Gold in the boating accident. ;)

[chad]

the biggest mistake i ever made was when i started buying from apmex + nw territorial. now they have dozens of paper trails on me as a holder, there's no way i can "play dumb" if this happens. i should have stuck to the local guy who went out of his way not to remember my name.

[ximmy]

I sold all mine for home repairs... ::)

[Silver Rocket Bitches!]

I traded mine for food once I heard you can't eat silver..

[Sparky]

This isn't even a plausible scenario. Why would anyone think they would pay $200 for $2000 gold? The one thing that TPTB don't participate in is political suicide.

Confiscation is about the last thing you should worry about. More realistic concerns are exorbitant taxation, and restriction of trade, including crackdown of "black market" exchanges to avoid taxation.

If there were confiscation (which is very unlikely for many reasons), they would probably pay a premium so as to appear to be "more than fair" with the general public.

[Silver Shield]

I lost my entire stash on coke, whores and gambling with Charlie Sheen and the boat we were on sunk over the Marianas Trench....

Crazy story.

Lucky to be alive.

Don't believe me?

http://sonsoflibertyacademy.com/wp-content/uploads/2010/06/Come-and-Take-it-Flag.jpg

[YukonCornelius]

I don't think it'll happen.

[Serpo]

the biggest mistake i ever made was when i started buying from apmex + nw territorial. now they have dozens of paper trails on me as a holder, there's no way i can "play dumb" if this happens. i should have stuck to the local guy who went out of his way not to remember my name.


Could always sell and buy back over time

[Serpo]

I lost my entire stash on coke, whores and gambling with Charlie Sheen and the boat we were on sunk over the Marianas Trench....

Crazy story.

Lucky to be alive.

Don't believe me?

http://sonsoflibertyacademy.com/wp-content/uploads/2010/06/Come-and-Take-it-Flag.jpg


At least you put it to good use.....
Another good reason to own silver

[Ponce]

I sold all mine for home repairs... ::)


Come on now......you sold yours for some new pairs of shoes and a Gucchi bag ;D

[Cobalt]

The treasury only values gold @ 42.22 per oz

I can't see them offering $200 per oz, it will more likely be spot price less variable tax percentage of whatever gets it down too book value and then they will sell it to their bankster friends to make a nice profit just like they did back in 1933

[Serpo]

http://www.youtube.com/watch?v=wnmqMEE6CLc

[Bullion_Bob]

I think they will try to bleed it out of the status quo by making everything more expensive.

If it's true about JPM buying up all the commodities, then I suspect the cost of living is going to become ridiculous to the point the economy tumbles, and the IMF is there offering the SDR solution. France is already cheerleading it.

I'm wondering how they're going to convince China to play along with the whole confiscation thing though.

Funny they would go so far as to make real money illegal in favor of their fiat game. Is that even legal?

[AndreaGail]

does anyone else think that they will flood the market with near perfect fake silver to destablize the confidence in the purity and the price

not that i care, i sold all mine and purchased scratch off tickets ;) and from my winnings I purchased sacagaweas from the world reserve monetary exchange

[hoarder]

TPTB have been using every trick in the book to supress PM prices. We all know this, don't we???


Isn't repeatedly bringing up the "confiscation" word one of those tricks?

[ximmy]

I sold all mine for home repairs... ::)


Come on now......you sold yours for some new pairs of shoes and a Gucchi bag ;D


:P ...you forgot Hershey bars...

[Bullion_Bob]

does anyone else think that they will flood the market with near perfect fake silver to destablize the confidence in the purity and the price

not that i care, i sold all mine and purchased scratch off tickets ;) and from my winnings I purchased sacagaweas from the world reserve monetary exchange


I was reading tungsten is up 70%. Coincidence? I wonder.

"If you aren't familiar with why Tungsten may be up.... well, it is the number one metal used to make fake gold bars. There have been many reports of fake gold. There is a video out of Germany which verifies there are tungsten filled Gold bars on the market. Watch the video and you will see when they cut the bar - it is tungsten as the core with a layer of real gold on the outside.

It is rumored the majority of the gold that Hong Kong got out of London was Tungsten filled, 2 years ago. Insiders of the metal business say "Yes, it is true". This fact has been hidden due to many reasons and one is to keep the price down. "

http://sherriequestioningall.blogspot.com/2011/02/tungsten-up-70-in-value-david-morgan.html

[Sparky]

There are about 50,000 tonnes of Tungsten produced each year, which is 1.5 billion troy ounces. Hard to imagine that its use to fake gold bars would make any difference as to why Tungsten is going up. It's probably going up on its own merit, like all the base metals.

[chud]

Since confiscation happened before, it can happen again...students of history know the old phrase that those who don't learn from history are doomed to repeat it.

[Sparky]

Since confiscation happened before, it can happen again...students of history know the old phrase that those who don't learn from history are doomed to repeat it.

The circumstances are so wildly different that it's not really relevant any more. It's important to learn from history, but you also have to connect the dots. These dots don't connect.

Then:
1) Gold was already acting as currency
2) Paper was exchangeable for gold
3) Most people actually held some gold
4) The gold price was decreed, like our paper currency.
5) People more blindly trusted government
6) Not all that much gold was even confiscated

Now:
1) Most people don't have any
2) The people who do have gold have acquired it as an investment
3) The price of gold is established in a world market
4) Confiscation would be an admission that fiat paper shouldn't be trusted. Stealing billions of dollars worth of gold via confiscation would negate their ability to steal trillions via printing. It doesn't make good business sense.

If there is to be any metal confiscation, it would be silver. It would be much easier for them to declare an urgent national need for it's industrial use. This is why you need to own both metals. If silver doesn't get confiscated, it will probably increase at a greater rate than gold, but it is more likely to be confiscated. Again, own both.

[silver solution]

I don't think it'll happen.



More than likely a trick to scare people to stop buying?

[Bullion_Bob]

There are about 50,000 tonnes of Tungsten produced each year, which is 1.5 billion troy ounces. Hard to imagine that its use to fake gold bars would make any difference as to why Tungsten is going up. It's probably going up on its own merit, like all the base metals.


I'm definitely not in full conspiracy mode on this, but it would essentially all be due to industrial demands. From what it looks like it's mostly 1. tools, 2. military weapons, or 3. incandescent light bulbs.

I wonder what has sparked the sudden increase? 1 & 3? 2?

Stocking up for WW3? <insert dramatic music> dum..dum.....dummm....

[Serpo]

does anyone else think that they will flood the market with near perfect fake silver to destablize the confidence in the purity and the price

not that i care, i sold all mine and purchased scratch off tickets ;) and from my winnings I purchased sacagaweas from the world reserve monetary exchange


I was reading tungsten is up 70%. Coincidence? I wonder.

"If you aren't familiar with why Tungsten may be up.... well, it is the number one metal used to make fake gold bars. There have been many reports of fake gold. There is a video out of Germany which verifies there are tungsten filled Gold bars on the market. Watch the video and you will see when they cut the bar - it is tungsten as the core with a layer of real gold on the outside.

It is rumored the majority of the gold that Hong Kong got out of London was Tungsten filled, 2 years ago. Insiders of the metal business say "Yes, it is true". This fact has been hidden due to many reasons and one is to keep the price down. "

http://sherriequestioningall.blogspot.com/2011/02/tungsten-up-70-in-value-david-morgan.html



I dont usually listen to bears as they never seem that reliable but the bears in bears 4 said that 90% of central bank gold is tungsten....90%....do you believe that..