Tag: gold confiscation

Should You Actually Worry About Gold Confiscation?

| September 17, 2015 | Category: Investing
Should You Actually Worry About Gold Confiscation?

The day Washington orders confiscation is the day it broadcasts to the world, including to America’s sworn and powerful enemies, it has lost all control of its disastrous economic policies. That same day would mark widespread chaos throughout international markets and foreign capitals. On that day, for the very reasons you now own gold, you are going to need that gold. My guess is, based on the historical record, not many will give it up.

Continue Reading

Gold Confiscation In The 20th Century – Infographic

Gold Confiscation In The 20th Century – Infographic

It is noteworthy how 3 out of the 5 acts of gold confiscation happened in the decade following the Great Depression of 1929. Also, the red line between the different confiscations is that the governments were in desperate need of money OR were in a state of destroying their own currency.

Continue Reading

Global Gold Newsflash: Illinois To Start Tracking Gold Transactions

| January 13, 2013 | Articles: General

Last year the Illinois senate passed the “Precious Metal Purchasing Act.” It is likely just a matter of time until the act is approved. In essence, the bill obliges persons in the business of purchasing precious metals to obtain proof of ownership, create a record of sale and verify the identity of the seller. All payments have to be carried out electronically. Furthermore, all collected information has to be reported to the local law enforcement agency. At Global Gold, we have been warning for a while now about possible financial repression and confiscation measures by western governments. Read tips on how to protect your assets in case of a random confiscation.

Continue Reading

Jim Sinclair: Gold Confiscation in 1933 Was What QE Is In 2012

When Mr Gold talks, you better make sure you listen. Jim Sinclair requested via his website to control emotions and writings with regard to gold confiscation. It’s quite unlikely that gold will be confiscated in 2012 like it happened in 1933. In order to understand the reason why, it’s mandatory to have some basic monetary insights. This is how Jim Sinclair explains it it: In the 1930s gold was to the monetary system what QE is today, a means of increasing the supply of money for Fed and Treasury discretionary use. The US Secretary of the Treasury and President Roosevelt set the gold price higher at their daily breakfast together […]

Continue Reading

Nick Barisheff: The Destruction Of Currency And Rise Of Gold

GoldSilverWorlds had the honour to discuss some important topics related to precious metals with Nick Barisheff, CEO of Bullion Management Group Inc. and author of the book “$10,000 Gold: Why Gold’s Inevitable Rise is the Investor’s Safe Haven” which will be released later this year and is available now for pre-order on Amazon.com. This article is the first one in a five part series. The topics that we covered: the current transfer of wealth from paper to hard assets (primarily gold & silver), ongoing currency destruction, tips for low risk-high reward investing, and the ignorance of mainstream media towards gold’s huge advance. Today’s discussion is based on the primary trend […]

Continue Reading

Last Call Before $ 2,000 Gold – Prospects Of Gold And Confiscation

| September 28, 2012 | Articles: Insights
Last Call Before $ 2,000 Gold – Prospects Of Gold And Confiscation

This article is an excerpt from the Mountain Vision newsletter. We stronlgy encourage you to subscribe to the service. As I write this Update, the price of gold has risen back to US$ 1,775 per troy ounce. The bull market trend has been, once again, forcefully confirmed. It is alive and well both technically and fundamentally. Until the root problems of the global fiat currency and banking system are addressed and solved sustainably, I expect this trend to go on. However, what has occurred in gold markets over the past few weeks is not merely a continuation of the same. I observed a change in tides of the speech and […]

Continue Reading

Government and gold confiscation: tips to protect your assets

| September 20, 2012 | Articles: Insights
Government and gold confiscation: tips to protect your assets

This article brings the point of view of Claudio Grass from Global Gold in Switzerland. My advice to everyone is simple and clear: “Get out of the current financial system,  avoid paper money and the banking system in general and move into physical precious metals.” David Stockman has put it this way: “ABCD – Anything Bernanke Cannot Destroy!” Confiscation is already here. I am not talking about outright confiscation of assets, but the confiscation of the buying power by inflating the money supply. If you keep your money in a bank account or “invest” it in bonds, you are actually losing money in real terms (i.e. after inflation). The decrease […]

Continue Reading

Is gold confiscation one of the risks of buying gold and silver?

Are there any risks associated with buying gold? Of course there are, as there is with literally anything you do. Some of the risks include: The risk of buying too high and selling low in a panic mode (when prices are crashing like the silver price in the beginning of May 2011). The risk of buying fake gold or silver. The risk of buying paper gold; your investment could for example  disappear like in the case of MF Global where investors simply lost all their invested money. The risks we just mentioned, share one common theme: they are controllable. With a minimum of research and the ability to ask yourself […]

Continue Reading