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<p>[QUOTE=&quot;fatima, post: 838932, member: 22143&quot;]I disagree on the power of the PM holder.&nbsp; PMs are currency without any government liabilities.&nbsp;&nbsp; </p><p><br /></p><p>You just answered your own question without, I suppose, even realizing it.&nbsp; The government, in it&#039;s efforts to take wealth never go after the small percentages.&nbsp; In this case, as you admit, the small percentages are those who hold gold.&nbsp; It&#039;s not big enough for them to worry about.&nbsp;&nbsp; </p><p><br /></p><p>Any recovery scheme is going to hit the mainstream very hard in the form of taxes and tax treatments on everything but cash.&nbsp; Cash of course can be continue to be devalued.&nbsp;&nbsp; The government, the US government at least, has done a pretty through job over the last century in establishing in the minds of most that gold and for that matter silver is irrelevant.&nbsp;&nbsp; In other words there are not enough gold holders in the USA for them to worry about.&nbsp;&nbsp; In the 1930s, when gold was seized, it served two purposes.&nbsp; The first was to force everyday transactions off gold based currency and the second was to provide the initial funding for the Federal Reserve to issue enough dollars to replace the gold.&nbsp; Neither reason exists now.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>Now that most people no longer hold PMs, the government won&#039;t care about it in the future.&nbsp; If they went to all the efforts to seize private gold now, the end result would be like a fly on the elephant&#039;s behind in terms of the problems they have to solve.&nbsp; Much easier to do something such as federalizing all 401K accounts to be replaced by a government annuity after a certain age.&nbsp; It can be pulled off with reasonable acceptance vs sending troops into homes to search for gold.&nbsp; Of course anyone with a gold based account better settle it and get possession of the gold or they stand to lose out just like anyone else who holds wealth in the form of paper, or even worse, on a statement from a computer printout.[/QUOTE]</p><p><br /></p>

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