[Fee]

I don’t think so. Most of the gold are held by central banks, very few by individuals. 1930’s was different. Gold was in US coins and US issued certificates that one can redeem in gold. FDR did not want the gold to leave the US during depression thus he had it removed from money, and individuals who owned it in US coins, certificates or bullion bars had to turn it in for the new dollars we still use today. Since we are off the gold standard, there is no monetary value in confiscating privately owned gold. If we go back to the gold standard, the US currency will be reset. Those in debt will be impoverished, those who hold hard assets will have their wealth preserved.

[EasySt]

ShadowStat’s take on when the wheels are coming off...

http://www.shadowstats.com/article/no-414-hyperinflation-special-report-2012#_Toc315271679

[presently no screen name]

those who hold hard assets will have their wealth preserved.

So having gold in stocks is not good?