The people that do not have possession of physical gold may be in for a surprise......a simple request from the govt will confiscate their holdings. Hoarding is such an evil thing, the lowly citizen cannot be allowed to own gold, it belongs to everybody.
RE: The people that do not have possession of physical gold may be in for a surprise......a simple request from the govt will confiscate their holdings
I own a lot of Gold (supposedly) via my ETF Gold iShares ( AMEX Symbol : GLD ).
If I took possession of the amount of gold backed by the money I invested, I would be very reluctant to keep them at home.
Are you saying that even these iShares ownership will be illegal ?