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To: Joe the Pimpernel
One more P.S. Joe... you said:

"if Ubama decides to nationalize 401(k)s and IRAs, he can't get me."

He can't take away high numismatic value US Gold coins - at least as the law stands right now. Of course, he might try at some point, but he'll face the wrath and outrage of his own party hacks that have their wealth in high numismatic US gold coins. I doubt he'll risk that!

26 posted on 12/05/2012 6:02:24 PM PST by Ron C.
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To: Ron C.

“He can’t take away high numismatic value US Gold coins - at least as the law stands right now.”

I doubt he bothers with that anyway. Most people that have real gold are looked at as Art Bell types, of which there are (relatively) few. This is not like the 1930s when people used gold coins daily (I think) and had currency back by gold (I think also). Today, to 99% of the country, the dollar is gold, and their is no reason to have that pain-in-the-neck metal around - same mindset that says “why stock up on stuff when Walmart and Sams are less than 10 miles away, and they’re always brimming?”.


38 posted on 12/05/2012 6:40:28 PM PST by BobL (You can live each day only once. You can waste a few, but don't waste too many.)
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