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Cyprus bailout = money shift to tangible assets (gold, silver, etc...)
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<p>[QUOTE="InfleXion, post: 1677120, member: 29012"]Part of the benefit of gold and silver is that they can be used off the grid. They can only be taxed insomuch as the people using them are willing to disclose their activities. So strike that. </p><p><br /></p><p>As far as seizure that's not very realistic. They don't have the manpower to go to everybody's door. Even if they had a list of who to go after that would still rely on people being there and keeping their metal somewhere easliy discovered and retrieved. Sure they could seize the paper, but that's not worth anything in the long run anyway. I don't doubt that would happen once the Cyprus seizure model is in full effect. </p><p><br /></p><p>When it comes to tyrants, nothing is safer than metals. You just have to contend with everybody else who may want to rob you so there is obviously a trade off.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1677120, member: 29012"]Part of the benefit of gold and silver is that they can be used off the grid. They can only be taxed insomuch as the people using them are willing to disclose their activities. So strike that. As far as seizure that's not very realistic. They don't have the manpower to go to everybody's door. Even if they had a list of who to go after that would still rely on people being there and keeping their metal somewhere easliy discovered and retrieved. Sure they could seize the paper, but that's not worth anything in the long run anyway. I don't doubt that would happen once the Cyprus seizure model is in full effect. When it comes to tyrants, nothing is safer than metals. You just have to contend with everybody else who may want to rob you so there is obviously a trade off.[/QUOTE]
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