Message:

<p>[QUOTE=&quot;jolumoga, post: 26763857, member: 41780&quot;]One of my thoughts from all of this - as my understanding evolves - is that any future executive order to confiscate precious metals will require congressional approval. This is a big hurdle. When we think of EO 6102, we normally just think of a president signing off on something by whim. But, as I pointed out before, this was ratified and enshrined into law by Congress. I think in the case of gold this will be a challenge, but in the case of silver - paradoxically, because there is no historical precedent unlike gold - it may be easier. Why? Because silver is an industrial metal, far more than gold is. So an argument can be made that silver hoarding could become a national security threat, depending on how scarce it becomes in the future. I think, in this case, there would likely be numismatic exceptions, similar to the Gold Reserve Act of 1934.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in