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<p>[QUOTE="xCoin-Hoarder'92x, post: 2092503, member: 72758"]I do see good points, though I disagree with confiscation. It did happen in the past, but I'm certain it won't again. All of the gold in the country won't make a difference in all the dept we owe now. What would their motive be to do this today?</p><p><br /></p><p>Plus, back in 1933, we were paid for the gold that was taken. This means the feds have to pay us in cash what we had in gold, and trust me, this is not something smart the government would do with all this dept. Secondly, they can't possibly know every person who is buying precious metal. Are they going to knock down doors from house to house and hope they find a little gold? Yeah... Even thinking about this is ridiculous. </p><p><br /></p><p>Not every transaction is reported to the government. Especially if someone gradually buys an ounce of gold at a local coin shop every 2 weeks, over a period let's say 50 years. Are there ANY records of what that person has done? NOPE. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="xCoin-Hoarder'92x, post: 2092503, member: 72758"]I do see good points, though I disagree with confiscation. It did happen in the past, but I'm certain it won't again. All of the gold in the country won't make a difference in all the dept we owe now. What would their motive be to do this today? Plus, back in 1933, we were paid for the gold that was taken. This means the feds have to pay us in cash what we had in gold, and trust me, this is not something smart the government would do with all this dept. Secondly, they can't possibly know every person who is buying precious metal. Are they going to knock down doors from house to house and hope they find a little gold? Yeah... Even thinking about this is ridiculous. Not every transaction is reported to the government. Especially if someone gradually buys an ounce of gold at a local coin shop every 2 weeks, over a period let's say 50 years. Are there ANY records of what that person has done? NOPE. :cigar:[/QUOTE]
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