Question:

How would the government go about confiscating Gold and Silver?

by  |  earlier

0 LIKES UnLike

Well, thats of course if they ever decided to do it again. How would the government know who owns gold and stuff like that.

 Tags:

   Report

6 ANSWERS


  1. Same way they did it last time.  They give  a time to sell it to the government at a specified price, which people do, because after the cutoff date, there is no market for it.


  2. 1. This will not happen.

    2.  If it did happen, it would not be difficult to trace the owners of precious metals through the investment community dollar trail.

    3.  If it did happen, other things would already be at such a level this would not be your focus.

    4.  Do not allow yourself to worry over this.  Refer to point 1.

  3. i don't think they will do it again.  if they do, just melt it down to jewelry

  4. They would never do that again. And considering that Gold never goes away and since the 30s when the government did that, millions of more ounces of God have been mined.  The government has no place to keep it and every day, more gold is brought to the surface.

  5. They would most likely just pass a law saying that it was illegal to buy or sell gold and silver without a permit.  They most likely would not do so because I imagine that most congressmen have probably got quite a horde stashed away.  They are not so stupid as they act.

  6. over my dead body...

Question Stats

Latest activity: earlier.
This question has 6 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.