Insider Report: U.S. Government Will Confiscate Gold When It Touches $2000

[sharpsteve2003]

The following “Red Alert” was sent by Wiegand to other precious metals experts and analysts and is republished verbatim:

via Sherri Questioning All:

Editor: There is a plan to use the IMF (AKA US Treasury and Wall Street) to be the front man for the new world order and one currency.We also got disturbing news yesterday from an impeccable source that when gold touches $2,000 it’s confiscated in the USAfor about $200. Then it’s to be reissued by the Treasury for $10,000 per ounce to back the new IMF world currency using SDRS in 2011. Large physical gold is being moved to Canada.

http://www.marketoracle.co.uk/Article26398.html

Prepare To Give Up All Private Data For Any Gold Purchase Over $100


zerohedge.com
A bill proposed in the State of Washington (House Bill 1716), by representatives Asay, Hurst, Klippert, Pearson, and Miloscia, whose alleged purpose is to regulate secondhand gold dealers, seeks to capture "the name, date of birth, sex, height, weight, race, and address and telephone number of the person with whom the transaction is made" or said otherwise, of every purchaser of gold in the state of Washington.

http://www.zerohedge.com/article/prepare-give-all-private-data-any-gold-purchase-over-100

[Anti Federalist]

Molon Labe motherfuckers.

[RonPaulCult]

It's not that I don't believe the government would try this - it's that I don't believe anything that gets circulated on the internets.....so....

[TheDriver]

People pushing this meme have no understanding of history. The only reason government confiscating gold in the 1930s was because most of the population at that time understood gold to be money. In contrast, almost no one considers that to be the case now, in terms of percentage of population. Therefore they won't waste their time or energy.

[RonPaulCult]

People pushing this meme have no understanding of history. The only reason government confiscating gold in the 1930s was because most of the population at that time understood gold to be money. In contrast, almost no one considers that to be the case now, in terms of percentage of population. Therefore they won't waste their time or energy.

That will probably change VERY quickly

[TheDriver]

That will probably change VERY quickly

I don't think so but anything is possible. A more likely scenario is higher taxes on precious medals purchases and sales.

[ctiger2]

This is simply US Govt sponsored FEAR propaganda to keep people from buying Silver and Gold. There is no way the Govt. is going to confiscate precious metals from US Citizens. Less than 1% even own any precious metals and if the US Govt. announces a plan like this the USD would collapse almost instantly.


http://www.youtube.com/watch?v=wnmqMEE6CLc&feature=player_embedded

[Zippyjuan]

The last time the government tried to seize gold it was because the dollar was backed by it and the government needed more money. Today they don't need gold to increase the money they have so there is no reason for them to confiscate it. But if yoiu like being scared by internet rumours, please- feel free to be scared.

Without massive changes, there is also little to no chance of SDRs becoming a Global Currency. The total value of all SDRs in the world today is about $300 billion. Nowhere near enough. http://www.imf.org/external/np/exr/facts/sdr.htm IMF has also been reducing their gold holdings. If they wanted to have gold back SDRs and use SDRs as a global currency, they should be trying to vastly increase their gold holdings. http://www.imf.org/external/np/exr/faq/goldfaqs.htm

But, carry on.