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<p>[QUOTE="GoldFinger1969, post: 26757103, member: 73489"]<b><span style="color: #b30000"><font size="6">New Gold & Silver Buyers: </font></span></b>I'm seeing more and more talk from people who are more and more convinced that all this talk about "tax the rich" is really meant to go after hard-working men and women like them.</p><p><br /></p><p><b>These aren't ammo-canned goods-survivalist types, either. </b> They're hard-working people who see the Mayor of NYC talk about taking down the exemption limit for estate taxes in NY State from $7 MM to $750,000. $750,000 won't buy you a home in most areas of Staten Island or Queens. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" /> Then you have a "wealth tax" in California which is more akin to asset expropriation.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" /></p><p><br /></p><p><b>Financial assets have to go through probate (as I have learned the last few years assisting on estates) and it's all trackable.</b> A significant gold or even silver coin/bullion collection can be given to someone with no paper trail.</p><p><br /></p><p>The Rich have homes all over the country and the world plus trusts, Cayman bank accounts, etc. Plus their wealth is so large not sure 2-10% in coins or bars is feasible. But for people with a net worth < $10 MM....it's doable and apparently increasing.</p><p><br /></p><p><b><span style="color: #ff0000"><i>In 1933, they said keep everything but turn in your gold. Now it seems like it's turn in everything so maybe get some gold ?</i></span></b>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26757103, member: 73489"][B][COLOR=#b30000][SIZE=6]New Gold & Silver Buyers: [/SIZE][/COLOR][/B]I'm seeing more and more talk from people who are more and more convinced that all this talk about "tax the rich" is really meant to go after hard-working men and women like them. [B]These aren't ammo-canned goods-survivalist types, either. [/B] They're hard-working people who see the Mayor of NYC talk about taking down the exemption limit for estate taxes in NY State from $7 MM to $750,000. $750,000 won't buy you a home in most areas of Staten Island or Queens. :wideyed: Then you have a "wealth tax" in California which is more akin to asset expropriation.:mad: [B]Financial assets have to go through probate (as I have learned the last few years assisting on estates) and it's all trackable.[/B] A significant gold or even silver coin/bullion collection can be given to someone with no paper trail. The Rich have homes all over the country and the world plus trusts, Cayman bank accounts, etc. Plus their wealth is so large not sure 2-10% in coins or bars is feasible. But for people with a net worth < $10 MM....it's doable and apparently increasing. [B][COLOR=#ff0000][I]In 1933, they said keep everything but turn in your gold. Now it seems like it's turn in everything so maybe get some gold ?[/I][/COLOR][/B][/QUOTE]
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