Message:

<p>[QUOTE=&quot;fatima, post: 1127995, member: 22143&quot;]Since the topic is about the gubment taking people&#039;s silver, you would also have to explain how silver would solve the issues you mention.&nbsp; I still contend that such a thing would bring no benefit to the current government as gold did in the 1930s.&nbsp; In the 1930s people still regarded currency in the amount of gold or silver it represented.&nbsp;&nbsp; It limited what government could do and is the primary reason they didn&#039;t remove silver at that time as well.&nbsp;&nbsp; These days, generations later, this is a foreign concept to most as the people are generally happy with fiat money because they simply don&#039;t know the history.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>I would contend the government has plenty of other tools that it can use.&nbsp; Things such as reissuing the currency and putting a $ limit on the amount that can be converted is one method. Another is to default on the debt.&nbsp; The decision depends upon who is chosen to be the winners and losers by the political establishment.&nbsp; (scary thought isn&#039;t it)&nbsp;&nbsp; However I would say that confiscation of PMs won&#039;t be part of the solution.&nbsp; It&#039;s too difficult, the results are unknowns, and I don&#039;t see what it would bring to the federal government.&nbsp; </p><p><br /></p><p>However this doesn&#039;t mean that people shouldn&#039;t hold PMs as a method of preserving wealth.&nbsp; Don&#039;t confuse the two issues.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in