Posted on 04/07/2012 7:06:29 PM PDT by appeal2
FinancialSurvivalNetwork.com presents:
Chris Duane has just finished a new video about silver confiscation and why it's not going to happen. Many people are concerned about the ever-expanding government. We fear that eventually our silver will be confiscated, just like gold was in the 1930's. This is a highly unlikely occurrence, as there are too many large, attractive confiscation candidates, such as: COMEX, GLD, SLV and the other major dealers. Going house-to-house to seize physical holdings of precious metals is just not practical and could lead to violent backlashes.
Chris and I also discussed why Homeland Security needs 450 million rounds of .40 caliber ammunition and 20,000 cleaning kits. It sounds much more like a lucrative corpratist giveaway that the government has become so expert at over the years. That's not to say you shouldn't be concerned, but rather there are much more important matters right now that need your attention, like building your financial survival plan.
Pfl.
Just a note. You don’t use the expensive high penetration rounds at the firing range. If they are purchasing that many rounds, then 2/3 of them should be the cheaper FMJ. Don’t believe it even with the corrupt and/or stupid administration.
Another reason that the current resident of the White House wouldn’t sign such an order is that to him and his sweet wife, and his staff, gold and silver is nothing more than ‘bling’.
Well, he might confiscate a ton of gold and have it made into ‘grills’ for his army of homies, but beyond that.....
I have been stocking up w silver eagles, Austrian Phil harmonics, and maple leafs for some time.
Physical is really the only way to go.
It is an open purchase order to secure a decent price over ten years. Much has been made out of this...really, no kidding, it is neither unusual, or a big deal.
You and I do that, but law enforcement agencies tend to just buy one type of ammo. Practice with what you are going to use. LE ammo is often higher pressure +P ammo.
ML/NJ
Where in the hell can I sell some silver and get a decent price.
Took some to a coin dealer and a pawn shop and they wanted to give me 20-30% of market price for my coins.
Tossed em back in the safe deposit for another day.
Had something cool I wanted to buy and was going to use the proceeds but, that is just stoopid.
apmex.com
or sell on eBay.
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