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<p>[QUOTE=&quot;EagleEyed, post: 60895, member: 3261&quot;]&quot;The government authorizes...&quot;&nbsp; &quot;The government allows you to own...&quot;</p><p><br /></p><p>These two phrases should scare the heck out of anyone who chooses to prepare for the future by owning precious metals.&nbsp; If the government allows you to own them today, they can disallow you to own them tomorrow, paying you whatever, if anything, they feel like for them.&nbsp; Please also be aware that the freezing of safety deposit boxes is well within the government&#039;s power.&nbsp; </p><p><br /></p><p>They confiscated gold before and can do it again.&nbsp; </p><p><br /></p><p>I don&#039;t think silver will be confiscated because it has too many industrial uses.&nbsp; That could be wishful thinking on my part though.</p><p><br /></p><p>It is reportable only if someone knows who you are when you buy it.&nbsp; Deal with amounts under $10,000 at a time and do not brag about it.&nbsp; It might be a good idea to buy gold and silver with cash and not give the dealer your name.</p><p><br /></p><p>Just remember, when the time comes, and it will eventually come, that some nice man from the government asks you where your precious metals are, say, &quot;oh, I sold those for less than I paid for them to some guy a few years ago.&nbsp; I don&#039;t know where he lives, I met him at a bar.&nbsp; I think his name was Bill.&quot;</p><p><br /></p><p>Really, I am not a paranoid whackjob. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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