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.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (167238)1/18/2021 4:13:52 AM
From: Haim R. Branisteanu1 Recommendation

Recommended By
stsimon

  Respond to of 217837
 
your friend was completely right - gold stored in a bank is not secure at all and can be confiscated with any regulatory order, arbitrary

In the same way any crypto currency can be ruled to not permitted to hold or traded and any action of holding selling or trading be defined as a criminal offence.

sounds unreasonable - go back into history, not long ago selling beverages containing alcohols in the US was illegal's, ( en.wikipedia.org ) holding gold in Romania was illegal and crime as was in many other countries.