Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Deo volente
Didn't Woodrow Wilson already pull that trick making it illegal to own gold at that time? That's why I am not buying gold. Obama will do the same thing.
26 posted on 06/07/2010 2:01:41 PM PDT by irishfox
[ Post Reply | Private Reply | To 19 | View Replies ]


To: irishfox

Gold was linked to the Dollar at that time! Now however, the dollar and gold are two separate entities. Neither is linked to the other. Seems there would be lots of dead govt employees if they went door to door trying to confiscate gold!


28 posted on 06/07/2010 2:07:44 PM PDT by Circle_Hook (Lies, deception and payoffs will get you everywhere)
[ Post Reply | Private Reply | To 26 | View Replies ]

To: irishfox

I don’t recall that. FDR did that, IIRC.


32 posted on 06/07/2010 2:24:57 PM PDT by savedbygrace (Rev 22:20 He which testifieth these things saith, Surely I come quickly. Amen. Even so, come, Lord)
[ Post Reply | Private Reply | To 26 | View Replies ]

To: irishfox
So move it out of the country. This is entirely legal to do. Further, if you invest in non-US real estate, you don't even have to report your ownership to the Feds, only any income you derive from it.

You do have to file the appropriate Treasury Dep't form if you move more than $10,000 of gold outside the US...but it will still be effectively untouchable by the Feds; consider a Panamanian account.

35 posted on 06/07/2010 2:37:00 PM PDT by SAJ (Zerobama? A phony and a prick, ergo a dildo.)
[ Post Reply | Private Reply | To 26 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson