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Do any think silver will go to $100/oz in the near future
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<p>[QUOTE="medoraman, post: 1592563, member: 26302"]But they wouldn't need to, would they? The point of making PM illegal would be to force everyone to be on the USD standard, not the trivial amount of money that would be generated. They wouldn't need to go door to door, since ownership would be illegal. Why would anyone wish to hold it? You couldn't ever sell it, you couldn't export it, it would be worthless unless you were a crafter. I have read in the 60's even a lot of coin dealers refused to buy gold coins thinking all gold possession was illegal. </p><p><br /></p><p>I am not trying to make some survivalist claim or something like that. Just the opposite. I am simply asking those who put all of their faith in PM ownership if they have considered this possibility. Since the US has done it once, and government claims of ownership of everything today is at an all time high, I simply do not think its much of a stretch. Look how they are STILL pursuing Norfed sales. The danger in the government's eyes is ANY alternative form of currency, they simply will not allow it. If high inflation hits, and people DO start trading PM back and forth, I believe this is an extremely high likelihood scenario.</p><p><br /></p><p>Just something to mull over, and yet another reason to consider being diverse in your holdings.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1592563, member: 26302"]But they wouldn't need to, would they? The point of making PM illegal would be to force everyone to be on the USD standard, not the trivial amount of money that would be generated. They wouldn't need to go door to door, since ownership would be illegal. Why would anyone wish to hold it? You couldn't ever sell it, you couldn't export it, it would be worthless unless you were a crafter. I have read in the 60's even a lot of coin dealers refused to buy gold coins thinking all gold possession was illegal. I am not trying to make some survivalist claim or something like that. Just the opposite. I am simply asking those who put all of their faith in PM ownership if they have considered this possibility. Since the US has done it once, and government claims of ownership of everything today is at an all time high, I simply do not think its much of a stretch. Look how they are STILL pursuing Norfed sales. The danger in the government's eyes is ANY alternative form of currency, they simply will not allow it. If high inflation hits, and people DO start trading PM back and forth, I believe this is an extremely high likelihood scenario. Just something to mull over, and yet another reason to consider being diverse in your holdings.[/QUOTE]
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Do any think silver will go to $100/oz in the near future
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