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<p>[QUOTE=&quot;Cloudsweeper99, post: 691472, member: 3011&quot;]Since the government and Federal Reserve have gone to great lengths for decades to convince people that gold is not money and is nothing but a barbarous relic, it seems highly improbable.&nbsp; Even if they confiscated the gold, what would they do with it?&nbsp; If they back the dollar with gold it will eliminate the ability for government to deficit spend because the T-bond holders will expect gold backing.</p><p><br /></p><p>In the unlikely event they do recall the gold, it probably would be shortsighted to not turn it in. What will you do with it if it can never be sold or traded without risk of going to prison?&nbsp; Better to take the proceeds and buy something else as your inflation hedge.[/QUOTE]</p><p><br /></p>

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