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<p>[QUOTE="medoraman, post: 1675091, member: 26302"]I agree both parties are here to rip you off, its just what flavor of spending are they in favor of. Sad state of affairs to not have anyone to believe in anymore.</p><p><br /></p><p>Regarding the gold, I understand it was an "honor system", but that is not what matters. If you make gold basically illegal to be used and sold, (most coin dealers did not want to buy any gold during this period), you effectively have already done what you wished to accomplish. You do not NEED to take all of the gold, you simply need to prevent it from being an alternate currency. That was their goal, and it was easily accomplished. Same could easily be done today. What good is it to hold PM if you risk arrest if you try to use it?</p><p><br /></p><p>Regarding SDB, I understand your concerns Inflexion. I weighed those concerns, but considering I post here, some family members know I collect coins, I belong to coin clubs, I figured the risk of a home invasion is higher and more severe than such government action. So, I keep any PM in a SDB. Anyone showing up on my doorstep will just find a combat vet and a loaded shotgun. However, I just cannot risk my family by keeping PM in the house.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1675091, member: 26302"]I agree both parties are here to rip you off, its just what flavor of spending are they in favor of. Sad state of affairs to not have anyone to believe in anymore. Regarding the gold, I understand it was an "honor system", but that is not what matters. If you make gold basically illegal to be used and sold, (most coin dealers did not want to buy any gold during this period), you effectively have already done what you wished to accomplish. You do not NEED to take all of the gold, you simply need to prevent it from being an alternate currency. That was their goal, and it was easily accomplished. Same could easily be done today. What good is it to hold PM if you risk arrest if you try to use it? Regarding SDB, I understand your concerns Inflexion. I weighed those concerns, but considering I post here, some family members know I collect coins, I belong to coin clubs, I figured the risk of a home invasion is higher and more severe than such government action. So, I keep any PM in a SDB. Anyone showing up on my doorstep will just find a combat vet and a loaded shotgun. However, I just cannot risk my family by keeping PM in the house.[/QUOTE]
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