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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 387.98+1.3%Nov 28 4:00 PM EST
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To: SouthFloridaGuy who wrote (15076)9/20/2008 9:22:19 PM
From: ItsAllCyclical  Read Replies (3) of 29622
 
I think we're still many years away from confiscation, but not ruling it out. If/when the Dollar hits fresh lows and they are worried about capital flight then we'll probably have to be concerned. Right now other than ST manipulation I don't think one has to worry much.

Even when they confiscated gold in the 30's the gold stocks still did well. Homestake mining was up 500% during that period - per memory (not that I was alive :)
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