A friend of mine just asked me this question.
If there is not enough “physical” gold to supply for the repatriation to various countries in the vaults, does the likelihood of gold confiscation from individual citizens become more likely?
I told him that I thought so. Then he mentioned what about jewelry, could that also be confiscated to feed this “need”.
I told him that’s a good question, so I am passing it on.
Have you seen this headline?
Department of Homeland Security Can Seize Gold, Silver, Guns in Safety Deposit Boxes
http://www.infowars.com/department-of-homeland-security-can-seize-gold-silver-guns-in-safety-deposit-boxes/
disturbing image of German dentists pulling teeth of Cyprus and Greek citizens to remove gold fillings ...
If they default, they will offer the insulting low ball paper gold spot price in fiat money, which they will then print out of thin air and thus decrease its value even further
Sorry 'bout that!