Letter Re: Potential for Gold Confiscation in the U.S.?
Hi Jim, I’d very much like your opinion on this matter. I’ve been investing in gold and silver bullion for a couple years now. One source from which I made one of my purchases stated that he believed that gold and silver are going to be confiscated from citizens by our government when the economy implodes and that the confiscation will take place soon after an announcement is made without warning, that the face value of the gold will be reset to $42.00, which will be the sum that’s reimbursed upon confiscation. He argued that investing in pre-1933 collectable silver …