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Gold Confiscation Due To Dollar Over Issuance
Commodity News Center ^ | 9/22/09 | Julian Phillips

Posted on 09/22/2009 8:51:15 AM PDT by h20skier66

The vast over-issuance of the U.S. $ internationally, has debauched its international value. In time this will lead to hugely falling buying power and translate into very high prices for the resources of the world.

Few believe the plans put forward to reduce quantitative easing will work as expected, as this will simply return the world to recession or worse still, depression.

Such liquidity reductions can only take place in a climate where confidence can be maintained as money tightening kicks in. This is not just inside the States but globally. So 'confidence' in the $ and its future value and credibility has waned tremendously even amongst foreign [particularly Asian] governments.

The globe's currencies are like branches of a tree coming out of a trunk. The U.S. $ is the trunk, resulting in the entire monetary system facing irreparable fractures should anything like another 'credit crunch' happen again. Most people believe that the current state of the international monetary system is headed towards such stresses.

Hence, gold is an alternative wealth preserver for governments, as well as individuals and institutions [demonstrated by central banks being net gold buyers now].

These are dramatic changes, the impact of which will form the foundation of our future global money systems. If the world's governments could act in unison over the issues facing the money system we have no doubt that monetary reformation would be so successful as to remove the need for gold in any part of the system.

(Excerpt) Read more at commoditynewscenter.com ...


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS: confiscate; dollar; gold; government; thecomingdepression
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1 posted on 09/22/2009 8:51:16 AM PDT by h20skier66
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To: h20skier66

Can’t confiscate what they can’t find.


2 posted on 09/22/2009 8:53:12 AM PDT by dynachrome (I am Jim Thompson!)
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To: h20skier66
we have no doubt that monetary reformation would be so successful as to remove the need for gold in any part of the system.

Except that hasn't ever worked anywhere in the entire history of humanity. But I'm SURE these idiots are the ones smart enough to pull it off.

3 posted on 09/22/2009 8:54:16 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: dynachrome

Is it actually possible to buy or sell gold legally without leaving a paper trail?


4 posted on 09/22/2009 8:55:55 AM PDT by Dixie Yooper (Ephesians 6:11)
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To: Dixie Yooper

From hand to hand. Cash.


5 posted on 09/22/2009 8:56:28 AM PDT by SolidWood (Sarah Palin: "Only dead fish go with the flow!")
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To: dynachrome

Many people over at the Kitco forum store their gold overseas just so US cant confiscate it. There are even discussions about how to fool metals detectors if you want to bury it in the yard.


6 posted on 09/22/2009 8:56:51 AM PDT by RummyChick
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To: Dixie Yooper

Some private parties will buy and sell in cash.
In a SHTF scenario many more will.


7 posted on 09/22/2009 8:58:07 AM PDT by dynachrome (I am Jim Thompson!)
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To: Dixie Yooper

YES. The kitco forum is one place to go to read all about gold...where to buy..how to buy...


8 posted on 09/22/2009 8:58:41 AM PDT by RummyChick
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To: RummyChick

“bury it in the yard”

Well, not your own yard.

;)


9 posted on 09/22/2009 8:58:46 AM PDT by dynachrome (I am Jim Thompson!)
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To: Dixie Yooper

Find a good coin dealer and pay cash.


10 posted on 09/22/2009 9:00:51 AM PDT by Danae (No political party should pick candidates. That's the voters job.)
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To: Dixie Yooper

“Is it actually possible to buy or sell gold legally without leaving a paper trail?”

Yes. Cash. Just walk into a coin dealer and open your wallet


11 posted on 09/22/2009 9:04:07 AM PDT by wilco200 (11/4/08 - The Day America Jumped the Shark)
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To: h20skier66

And back what? New fiat?

There isn’t enough privately held gold in the world to help back the 50-75 trillion fiatscos out there in etherland.


12 posted on 09/22/2009 9:10:46 AM PDT by OpusatFR (Those embryos are little humans in progress. Using them for profit is slavery.)
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To: dynachrome

If anybody wants to bury their gold in my yard, I will keep an eye on it for them.;)


13 posted on 09/22/2009 9:16:09 AM PDT by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: h20skier66

Gee, why do you think that the government require bullion and coin dealers to obtain the names and addresses of both buyers and sellers?


14 posted on 09/22/2009 9:18:01 AM PDT by RBroadfoot
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To: RBroadfoot

Gee, why do you think that the government require bullion and coin dealers to obtain the names and addresses of both buyers and sellers?

EVEN WHEN THE BUYER PAYS IN CASH.


15 posted on 09/22/2009 9:19:09 AM PDT by RBroadfoot
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To: RBroadfoot

I think you can buy/sell
American Gold Eagles for Cash with no paperwork.


16 posted on 09/22/2009 9:21:43 AM PDT by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: h20skier66

I wonder if they will pry our wedding rings off our fingers and the gold from our teeth?


17 posted on 09/22/2009 9:24:15 AM PDT by passionfruit (When illegals become legal, even they won't do the work Americans won't do)
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To: passionfruit

Just before conservatives “go home” at a government clinic they will remove all gold and valueable items. Hair will be cut and sent to wig makers etc.


18 posted on 09/22/2009 9:37:09 AM PDT by John.Galt2012 (I'll take Liberty and you can keep the "Change"!)
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To: passionfruit
yeah, "they" can get gold from teeth... been done before by the same type of people that were smarter than everybody else.
19 posted on 09/22/2009 9:38:55 AM PDT by erman (Give a man a fire, warm him for one night. Set a man on fire, warm him for the rest of his life.)
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To: John.Galt2012

I have. It was a few years back, but I specifically asked the coin dealer if he had to know my identity. He said no. Paid cash and walked out with bullion coins.


20 posted on 09/22/2009 9:42:59 AM PDT by Rio (Don't make me come over there....)
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