SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TriN2Learn who wrote (5767)4/6/2013 3:23:36 PM
From: The1Stockman  Respond to of 14245
 
Good points Trin2Learn,

Unlike the 1930s, ... Gold is held by many many more countries and in much larger amounts. If a Government confiscates gold, much of the world has more leverage now to control its movements then it did back in the 30s.

If we see gold confiscation occurring in any of the larger nations, you can bet the price of gold is going to go through the roof. If a Government is willing to create havoc by robbing its people, fear will drive people around the world to PM's.

If the Chinese Government started hauling in that countries gold from within, I would want to buy more here.
JMO.