| Author |
 Topic  |
|
Zyll
Penny Pincher Member
USA
214 Posts |
 Posted - 04/15/2010 : 14:29:53
|
quote:
Originally posted by wolvesdad
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).
Mike Maloney runs a bullion sales and vault storage business called "goldsilver.com"; and he's in the "Rich Dad" book-writing club. He's a verbose overtalker, but his information is worth listening to (if properly distilled like in this excerpt). Many people who interview him have to cut him off mid-sentence. The fact that he's sitting next to silver giant David Morgan is interesting...I wonder when this video was shot? |
 |
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/15/2010 : 20:10:51
|
Not mine. As long as I breathe and have my firearms, I will also have my gold. Or silver, or whatever else I want to keep. Plain and simple. The line is drawn....
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
|
|
|
Nickelless
Administrator
USA
5580 Posts |
|
|
NotABigDeal
1000+ Penny Miser Member
USA
3890 Posts |
Posted - 04/15/2010 : 20:30:51
|
Oh yeah, I guess all my drug abuse and heavy drinking to make me forget the "incident" really worked.... Go figure.
Deal |
Live free or die.
Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams |
|
|
|
tunylune
New Member
USA
20 Posts |
Posted - 04/15/2010 : 23:48:50
|
| In 1933 gold was at $40.00 an ounce. The Fed confiscated and paid a rate of $30.00 per ounce. The Constitution requires the Government to pay fair value but they can determine what that value is. They then raised the value back to $40.00 per ounce shoring up the Dollar. It was not legal to own gold again till 1971 when Nixon untied the Dollar from gold taking us completely off the gold standard. When the Fed was established by Pres. Wilson in 1917 they started producing Fed Reserve Notes. These were tied loosely to the Gold standard in that they began printing more Dollars than they held gold for in reserve. This began the decline of the value of the Dollar. This along with extreme Federal Government expansion and spending, printing of Dollars caused the forgotten depression of 1920. Stocks crashed the Dollar dropped and unemployment rose to over 20%. Pres. Wilson Died and Pres. Harding took power. He cut Federal spending by 50% Lowered Taxes to 4% and did not bail out wall street. Within 18 months the U.S. markets recovered and the period of the Roaring 20's began. This caused the greatest expansion of the middle class America has ever seen. So the government confiscated the gold paying a reduced value and made it illegal to own until 1971. |
When the People fear the Government there is tyranny. When the Government fears the People there is Freedom. Thomas Jefferson |
|
|
|
JustSayNoToFiat
Penny Pincher Member
110 Posts |
Posted - 04/25/2010 : 09:42:32
|
I would imagine they'd have to take an awful lot of lead (in various forms) before getting all the gold.
|
It's Half Time...all the time. |
|
|
|
Sovereigns
New Member
15 Posts |
Posted - 04/27/2010 : 12:03:34
|
| The fiat system is in trouble but I can't see this ever happening. People would just move their gold out of America and store it some place else. |
Gold Sovereigns |
|
|
|
wiper
Penny Sorter Member
36 Posts |
Posted - 04/27/2010 : 17:05:29
|
i have more bullets than the worth of my metals in dollars.
it's a pretty good ratio if you think about it. |
Edited by - wiper on 04/27/2010 17:06:20 |
|
|
|
Nickelless
Administrator
USA
5580 Posts |
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
|
|
beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
Posted - 05/01/2010 : 23:11:23
|
quote:
Originally posted by Zyll
quote:
Originally posted by wolvesdad
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).
Mike Maloney runs a bullion sales and vault storage business called "goldsilver.com"; and he's in the "Rich Dad" book-writing club. He's a verbose overtalker, but his information is worth listening to (if properly distilled like in this excerpt). Many people who interview him have to cut him off mid-sentence. The fact that he's sitting next to silver giant David Morgan is interesting...I wonder when this video was shot?
He can talk all he wants to, as far as I'm concerned. Even though he's "preachin to the choir" what he says is music to my ears. He's got lots of great info on his site and is educating the masses to join in pushing up the price of precious metals. Go Mike, Go!  |
Hoard now and hold on!
http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/ |
|
|
|
Topic |
|
United States To Confiscate Gold?
Forum Locked
This might help:
