I have publicly taken a strong position against gold and silver as being “investments” for specific reasons already covered on this blog several times. Here’s yet another reason — those of you that don’t believe it will be confiscated need to pay close attention.
I can’t imagine how the “investors” must feel. Ripped off, angry and pissed off beyond measure.
There should be NO DOUBT about what our slave masters intend for us. I am daily running across articles that demonstrate this fact.
There are several very serious ramifications to this raid which do not bode well for anybody.
a) Gold and silver are not the “protected” investments everyone thought they were.
b) Gold and silver are worth what they say it’s worth.
c) Non-physical assets such as silver certificates and gold certificates are worthless if the bullion backing them has disappeared or is never delivered.
d) The ability to convert gold and silver into tangible assets you can actually use can be easily controlled by raids / rules / laws that prevent their exchange.
e) The “law” is also what they say it is. It makes no difference whatsoever if this is “illegal” or not, they’re doing it and they’re likely get away with it too.
f) Investors may discover that they have no protection of any sort, potentially losing everything they’ve invested in.
The outcome of this latest tyranny will undoubtedly play out in the days ahead, but I reiterate my firmly held position – gold and silver are not the protection everyone thinks they are, nor are they even as worthy an investment as other tangible and usable assets.
This is wrong on so many counts I can’t even spit straight.
Recall that I recently argued that they would control the “choke points”? Chalk one up — they just did.