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

To: joanie-f; Stand Watch Listen
Here's an article from March, 2000 that you might find interesting: The Exchange Stabilization Fund (ESF) Anything But the Naked Truth on Naked Calls.

I own a little gold, too, but am realistic about how much it will help me and my family if things really go to hell (economically speaking). If gold ever reaches $2500 per oz., the government will simply confiscate it like they did last time. By "confiscate", I mean thay you will not be able to sell it (legally) to buy the things you need.

A secure home in a remote area will be more valuable than all the gold in the world.

1,234 posted on 09/04/2003 4:38:40 AM PDT by snopercod (China ran a $103 billion trade surplus with the U.S. last year, and has $356 billion dollar reserves)
[ Post Reply | Private Reply | To 1233 | View Replies ]


To: joanie-f
I don't know if this is real or not:


Executive order: By virtue of the authority vested in me by Section 5(B) of The Act of Oct. 6, 1917, as amended by section 2 of the Act of March 9, 1933, in which Congress declared that a serious emergency exists, I as President, do declare that the national emergency still exists;

That the continued private hoarding of gold and silver by subjects of the United States poses a grave threat to the peace, equal justice, and well-being of the United States; and that appropriate measures must be taken immediately to protect the interests of our people.

"Therefore, pursuant to the above authority, I herby proclaim that such gold and silver holdings are prohibited, and that all such coin, bullion or other possessions of gold and silver be tendered within fourteen days to agents of the Government of the United States for compensation at the official price, in the legal tender of the Government. All safe deposit boxes in banks or financial institutions have been sealed, pending action in the due course of the law. All sales or purchases or movements of such gold and silver within the borders of the United States and its territories, and all foreign exchange transactions or movements of such metals across the border are herby prohibited.

"Your possession of these proscribed metals and/or your maintenance of a safe-deposit box to store them is known to the Government from bank and insurance records. Therefore, be advised that your vault box must remain sealed, and may only be opened in the presence of an agent of The Internal Revenue Service.

"By lawful Order given this day, the President of the United States."

1,235 posted on 09/08/2003 2:23:59 AM PDT by snopercod (And if it is a despot you would dethrone, see first that his throne erected within you is destroyed.)
[ Post Reply | Private Reply | To 1234 | 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