[aQ_code_initiate]

While the Trading With the Enemy Act authorizes the government to interfere with the ownership of gold and silver particularly, it also applies to all forms of currency and all securities. So the Treasury official stressed in his letter to GATA that the act could be applied not just to shares of gold and silver mining companies but to the shares of all companies in which there is a foreign ownership interest.

Further, there is no requirement in the law that the targets of the government's interference must have some connection to the declared enemies of the United States, nor even some connection to foreign ownership. Anything that can be construed as a financial instrument, no matter how innocently it has been used, is subject to seizure under the Trading With the Enemy Act and the International Emergency Economic Powers Act.

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Gotta love this law! Well, it'll be interesting to see how many of the "I've got nothing to hide" herd line up voluntarily to turn in their gold and silver when the order goes out.

[Alberta's Child]

I wouldn't worry too much about this. A government that can't/won't stop the flow of illegal aliens across our southern border isn't capable of confiscating sh!t.