When Gold Confiscation Is a Personal Choice

lawrieongold

By Guy Christopher*

That nagging prospect dampens many buying decisions, unfortunate at a time when gold, and especially silver, are near historically bargain basement prices when measured in fiat currency.

Buy low, sell high only works for those who buy low.

Somewhere in everyone’s buying decision is rebellion against government lunacy. So, what’s the plan if government outlaws that defiance?

Gold Executive Order

In examples spanning eight decades over three continents, ordinary people caught in very different circumstances chose to defy government repression of personal gold ownership.

In the 1930’s, President Franklin Roosevelt and Nazi dictator Adolph Hitler joined global, repressive trends by outlawing private ownership of more than five ounces of gold.

Many skeptical Americans responded by stiffing FDR, shipping outlawed gold overseas for safekeeping, or burying it on family farms. That gold remained hidden for four decades, until Gerald Ford lifted restrictions in 1974.

Europeans targeted by Hitler’s murderous genocide improved…

View original post 859 more words

Advertisements

No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: