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<p>[QUOTE=&quot;jolumoga, post: 26769471, member: 41780&quot;]We have to look at laws not just from literal interpretation, but also from their practical effects: EO 6102 effectively discouraged gold-buying and hoarding by the general public. As I pointed out, having Treasury Secretary Woodin, a coin collector, was likely key in having all of these exceptions in the law. Because these exceptions existed, and because there is a tendency to preserve history, it&#039;s likely similar exceptions would exist in a future confiscation. However, there is the possibility that this carve-out could be tightened up, with individuals allowed to hold even less, with maybe more exceptions for dealers (obviously), and with tougher enforcement. We just don&#039;t know how nasty a future administration might be under desperate economic conditions. A future administration may not care for coin collectors.[/QUOTE]</p><p><br /></p>

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