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Message: Re: Gold backed Currencies?

Re: Gold backed Currencies?

posted on Sep 11, 2008 01:05PM

"we will definitely be facing gold and possibly silver confiscation by the U.S. government as the currency warfare unfolds. Thoughts anyone?"

Yes, continue to buy gold and silver bullion...favor silver (highest % upside potential) keep it in a fire-proof safe, bolted to the floor. Don't blab about having any. Just quietly accumulate. If the US Gov deems it illegal to own, the price will skyrocket further. Trade it as needed under the radar. The US Constitution and even the Bible are on your side. Another idea is to move your bullion out of the country, maybe Canada. I don't want to get too paranoid but would hate to regret making a costly mistake.

We are living in historic times now...unbelievable really.

SM

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