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<p>[QUOTE="fatima, post: 879314, member: 22143"]I don't think the government will confiscate gold now for two reasons:</p><p><br /></p><ol> <li>The people running The Fed, the treasury, banksters, etc. mostly are drinking their own koolaid in that PMs are irrelevant in the world of Fiat they have created.</li> <li>The ones in power who are truely in the know about gold, also know that a direct government seizure would cause a lot of alarm and protests even from people who don't hold gold. Along with that, they probably think there are not enough people that hold gold now, to make it worth the huge trouble it would cause them.</li> </ol><p>My guess is their real target is the 401K holdings of people. They will find a way to grab all the wealth put in these accounts since they have been pushed as the replacement over traditional retirement plans over the last 25 years. Of course it will be done with the excuse they have to take steps to protect people's retirements.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 879314, member: 22143"]I don't think the government will confiscate gold now for two reasons: [LIST=1] [*]The people running The Fed, the treasury, banksters, etc. mostly are drinking their own koolaid in that PMs are irrelevant in the world of Fiat they have created. [*]The ones in power who are truely in the know about gold, also know that a direct government seizure would cause a lot of alarm and protests even from people who don't hold gold. Along with that, they probably think there are not enough people that hold gold now, to make it worth the huge trouble it would cause them. [/LIST] My guess is their real target is the 401K holdings of people. They will find a way to grab all the wealth put in these accounts since they have been pushed as the replacement over traditional retirement plans over the last 25 years. Of course it will be done with the excuse they have to take steps to protect people's retirements.[/QUOTE]
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