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Coinage
Penny Collector Member
Canada
303 Posts |
 Posted - 04/07/2010 : 14:31:08
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Positive Feedback Selling Score Copper Sold (0 lots) / Nickel Sold (0 lots) / Silver Sold (0 lots) / WTB-WTS-WTT (1 lots)
Rate me on a scale of 1 to 5
jldco - 5.5______ |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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Coinage
Penny Collector Member
Canada
303 Posts |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 04/07/2010 : 14:38:13
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| What is gold? |
Trolling is an art. |
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Coinage
Penny Collector Member
Canada
303 Posts |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 04/07/2010 : 15:15:57
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| I lost all my gold. Or it was stolen. Or something. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
Edited by - AGgressive Metal on 04/07/2010 15:17:13 |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 04/07/2010 : 17:46:49
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I hate GOLD, especially the flavor of GOLD that has GOLD on the outside and Tungsten on the inside - the oreo kind of GOLD.  |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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marine70
Penny Pincher Member
USA
150 Posts |
Posted - 04/07/2010 : 22:09:25
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| I dont have any gold so Mr Obama dont ask for it. |
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cesario
Penny Pincher Member
129 Posts |
Posted - 04/08/2010 : 00:52:50
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| *kicks the empty cans of silver spray paint to the side* |
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Nickelless
Administrator
USA
5580 Posts |
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Beau
Penny Pincher Member
216 Posts |
 Posted - 04/08/2010 : 14:35:52
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Do you really expect this to happen?
will it cover silver too?
When do you expect it?
THANKS GUYS |
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Nickelless
Administrator
USA
5580 Posts |
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El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 04/08/2010 : 16:03:52
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Because that way, they potentially make money THREE TIMES on the same thing. *grins*
1) Sell it.
2) Steal it back.
3) Sell it to China.
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Trust the government? Ask an Indian. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 04/08/2010 : 16:06:29
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| Na, they'd have to reimburse you for taking your property. Supposedly. |
Trolling is an art. |
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bankmining
Penny Pincher Member
USA
120 Posts |
Posted - 04/08/2010 : 17:54:18
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| Yes, at what THEY consider to be fair market value |
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Ardent Listener
Administrator
USA
4841 Posts |
Posted - 04/08/2010 : 18:01:01
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| More likely, IMO, the would try to starve PMs out of our hands though unemployment or just tax it to death. One thing about Americans, tell them they can't have something and you can be sure that then they will want it. |
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All posts either by the members, moderators, and the administration of http://realcent.forumco.com are for your edification and amusement only. It is not the intent of realcent.forumco.com or its host to provide investment, medical, matrimonial, legal, security or tax advice and nothing posted here should be considered to be so. All rights reserved.
Think positive. |
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Nickelless
Administrator
USA
5580 Posts |
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Lemon Thrower
1000+ Penny Miser Member
USA
1588 Posts |
Posted - 04/09/2010 : 06:16:02
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| the guy in the OP's video is techncially correct but disengenous. the govt in 1933 REQUIRED under penalty of imprisonment all americans to sell their gold, it was not voluntary. Also, while the govt did pay you the then fair market value for the gold, it then immecdiately turned around and devalued the dollars it paid you relative to gold. A more fair way to describe that is they paid you about 50 cents on the dollar for your gold and confiscated the other half of your gold. |
Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X
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Nickelless
Administrator
USA
5580 Posts |
Posted - 04/12/2010 : 19:04:14
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quote:
Originally posted by Lemon Thrower
the guy in the OP's video is techncially correct but disengenous. the govt in 1933 REQUIRED under penalty of imprisonment all americans to sell their gold, it was not voluntary. Also, while the govt did pay you the then fair market value for the gold, it then immecdiately turned around and devalued the dollars it paid you relative to gold. A more fair way to describe that is they paid you about 50 cents on the dollar for your gold and confiscated the other half of your gold.
Any info on how many people actually turned in their gold versus how many people (from what we know now) didn't? |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
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Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
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truck3
New Member
6 Posts |
Posted - 04/13/2010 : 19:29:11
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| Another reason to lean heavier on silver. They've never confiscated silver before, plus it's so heavy and used more in industry so would be quite difficult. |
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Nickelless
Administrator
USA
5580 Posts |
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rainsonme
Penny Pincher Member
USA
183 Posts |
Posted - 04/14/2010 : 00:22:19
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| I don't think the government would confiscate gold or silver. They wouldn't know what to do with it. It's not money to them. The fiat system is fully in place. Gold and silver are great stores of value against all of these fiat currencies, but they are not money. In 1933, the US was on the gold standard and money was made out of silver, backed by gold. The debts of this nation, and most other developed nations, have outstripped the supply of physical gold many times over. I have no idea how all this plays out, but I don't think the US government will be minting silver or gold coins for general commerce. The members of this board may be buying a gallon of gasoline with a 1963 quarter or a 1957 dime in a few years, but I don't think the US government will return to a direct gold standard. |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 04/14/2010 : 04:01:50
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| Still, the way this guy says what he does is quite interesting. Can you tell me who he is( I know, I know, I should know that already, but I admit, I haven't been studying my 'government czars speak out' textbook lately). |
"May your percentages ever increase!" |
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AGCoinHunter
Penny Hoarding Member
USA
685 Posts |
Posted - 04/15/2010 : 09:47:30
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| In my opinion they won't seize gold and silver, they are going after your pensions and retirement accounts. There is untold billions just sitting in tax free accounts that they have their greedy eyes on. Just heard Argentina has done this in the name of combating corruption and to fund populist programs. Then there is the VAT tax which will milk the remainder of wealth out of the middle class. They dont need to seize anything from you, they just plan to drain any other means you have to force you to give up your PM's. The day is coming... |
"All tyranny needs to gain a foothold is for people of good conscience to remain silent."
-Thomas Jefferson
"There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide." - Ayn Rand
________________________________________________
Lenin: Class-based International Socialism
Hitler: Race-based National Socialism
Obama: Class- and Race-based Post-National Socialism
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 04/15/2010 : 12:11:09
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| The sheer number of pre-33 gold coins floating around out there demonstrates how well their confiscation worked last time. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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El Dee
Penny Hoarding Member
USA
547 Posts |
Posted - 04/15/2010 : 14:12:33
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Actually, it worked pretty well. If you had money in the form of gold coin or Gold Certificates, it became worthless because it could no longer be spent. To spend your gold wealth, you had to turn it in for FRNs, which were legal tender and COULD be spent.
The depository at Fort Knox was built to house the bars made from melted coins. The sheer number of pre-33 surviving is but a fraction of what once was out there. Many, probably most, of the gold coins didn't circulate, but were in bank vaults and served as backing for Gold Certificates.
Much of the pre-33 US gold coin we see has been re-imported from Europe. |
Trust the government? Ask an Indian. |
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United States To Confiscate Gold?
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