Not saying its going to happen again. Point in fact I seriously doubt it would, unless we had an SHTF situation. But the precedent exists.
80 Years Ago Today (or why geo-diversification)
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Ad Orientem
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80 Years Ago Today (or why geo-diversification)
Not saying its going to happen again. Point in fact I seriously doubt it would, unless we had an SHTF situation. But the precedent exists.
Trumpism is not a philosophy or a movement. It's a cult.
Re: 80 Years Ago Today (or why geo-diversification)
I always loved the twist of the language in these kinds of laws and what the press parrots.
For example:
1) Citizen has gold. That's "hoarding."
2) Government has gold. That's "storing."
Got it.
For example:
1) Citizen has gold. That's "hoarding."
2) Government has gold. That's "storing."
Got it.
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MachineGhost
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Re: 80 Years Ago Today (or why geo-diversification)
Only one person was ever prosecuted and he got off.
So just ignore it.
So just ignore it.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
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Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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China Bull
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Re: 80 Years Ago Today (or why geo-diversification)
If someone posted that in public today it would be riddled with holes from bullets peppering it.
It is truly fascinating to talk to my great uncle, who is 105 yrs old and still pretty sharp, about the great depression. He said that at that time there was a fairly patriotic vibe about the public and the citizen/govt. relationship was decent. Today, it's about as bad as it will get ...any worse will be close to the tipping point of revolution. I don't think they would go for the gold of citizens unless the amount gets much larger than it is today. They would go for the some $12 trillion in retirement accounts or the $8 tril. in banks savings accounts. Obama made the first move on that today....http://thehill.com/blogs/on-the-money/d ... althy-iras
It is truly fascinating to talk to my great uncle, who is 105 yrs old and still pretty sharp, about the great depression. He said that at that time there was a fairly patriotic vibe about the public and the citizen/govt. relationship was decent. Today, it's about as bad as it will get ...any worse will be close to the tipping point of revolution. I don't think they would go for the gold of citizens unless the amount gets much larger than it is today. They would go for the some $12 trillion in retirement accounts or the $8 tril. in banks savings accounts. Obama made the first move on that today....http://thehill.com/blogs/on-the-money/d ... althy-iras