Are you buying gold for Roosevelt the second’s confiscation ?
Trout asked:
Didn’t Roosevelt confiscate the gold from the American people after opening up the safety deposit boxes ?
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Didn’t Roosevelt confiscate the gold from the American people after opening up the safety deposit boxes ?
Isn’t there a lot of pressure you to buy gold as a safety net ?
Since there is a major economic crises again and such confiscations have legal and historical precedence in the US
Could you be buying gold — for the latter good of the State’s debt to international bankers ?
February 15th, 2010 at 8:38 am
“Isn’t there a lot of pressure you to buy gold as a safety net?”
Only from corporate shills Laughing Man
February 16th, 2010 at 3:56 pm
If shit hits the fan so much that the government can no longer insure bank accounts you are definitely not going to want to have stockpiles of heavy, useless metal. You are going to want food, water and bullets. Hortense
February 18th, 2010 at 2:12 pm
FDR was Roosevelt the second, technically. upstream soft pop
February 19th, 2010 at 2:42 pm
I’ve been buying gold for decades. It’s a good long-term investment and has made my IRA very happy, thank you. psychosteve01
February 20th, 2010 at 10:43 pm
No, because they cannot enforce confiscation. You’d have to be fool to hand over your gold to a criminal government. Secondly. I don’t think they would ‘take’ your gold without reimbursing you for it’s value. I think Roosevelt was afraid of gold replacing the dollar as a functional currency and hence threatening the government’s control. Did Roosevelt simply take the gold? No I think he reimbursed people for its value in dollars, otherwise that would be straight up criminal. kadiss17
February 21st, 2010 at 1:58 pm
“If **** hits the fan so much that the government can no longer insure bank accounts you are definitely not going to want to have stockpiles of heavy, useless metal. You are going to want food, water and bullets.”
Actually, gold is light, small, and can easily be hidden. Even if the dollar collapsed, small coins are recognizable and could be used universally as currency.
But I do agree that ammunition, firearms, food, and water are the most important - closely followed by knowing your neighbors well. vote_usa_first
February 22nd, 2010 at 2:38 pm
No, I’ve been buying gold for a long time, I also collect coins, and if Roosevelt or Obama or WTF wanted to confiscate them, I would become very hostile, which is very rare hence very serious. lol iceman
February 24th, 2010 at 11:00 am
That is a possibility but I think not Gold is just at such a high price people are trying to make money by fear mongering this statement alone could be one to start people to sell to drive the price down so gold buyers will get it cheaper. Its is called working the market. White Bear