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To: blam
Confiscation of Gold? NO
Confiscation of Land, 401K’s, IRA’s, Guns and Labor?
Almost certainly! Nationalization of assets for the common good is and has been the 1st priority of every socialized economy.
5 posted on 02/29/2012 2:55:43 PM PST by outofsalt ("If History teaches us anything it's that history rarely teaches us anything")
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To: outofsalt
Confiscation of Land, 401K’s, IRA’s, Guns and Labor? Almost certainly!

They won't confiscate 401k's IRA's and Labor because they won't have to. The currency is being inflated so they will be worthless.

Everybody is complaining that gasoline prices are going up. Nonsense. The dollar is going down.

In 1947, 1 ounce of gold bought 16 barrels of oil. As of today's price, 1 ounce of gold buys 16 barrels of oil.

6 posted on 02/29/2012 3:08:29 PM PST by Mikey_1962 (Obama: The Affirmative Action President.)
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