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Will this happen here next??? Turkey

A warning to oall gold holders........ Kitco article on gold. Could this be next for the U.S.

$500 billion of gold bullion hidden in Turkish homes - Istanbul Chamber of Jewelers...

Why do govt's feel they must seize gold instead of balancing their budget and stabilize their currencies?

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    derrybderryb Posts: 38,627 ✭✭✭✭✭

    if they wanted your gold, they would already have it.

    "Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong

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    Downtown1974Downtown1974 Posts: 7,189 ✭✭✭✭✭

    Never gonna happen.
    We’re no longer on the gold standard. It would be pure theft.

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    tincuptincup Posts: 5,487 ✭✭✭✭✭

    Am I missing something? I don't see anything that is saying gold is being confiscated?

    I'm sure there is also plenty of gold hidden in homes in the U.S. Not sure what you are saying.

    ----- kj
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    rjkrjk Posts: 17 ✭✭

    Try and come take it gubmint 😏

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    MsMorrisineMsMorrisine Posts: 40,214 ✭✭✭✭✭

    there is not enough gold to seize for our problems

    but every 80 billion helps! the treasury takes donations to the cause and i guess they may like lat-lon coordinates soon too

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    blitzdudeblitzdude Posts: 7,747 ✭✭✭✭✭

    RGDS!

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

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    MeltdownMeltdown Posts: 9,296 ✭✭✭✭✭

    Same. All mine was lost in a tragic boating accident. :/

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    LukeMarshallLukeMarshall Posts: 2,213 ✭✭✭✭✭

    Tragic I say !

    It's all about what the people want...

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    tincuptincup Posts: 5,487 ✭✭✭✭✭

    If shipwrecks can be salvaged from the bottom of the ocean... .... those boating 'accidents' probably don't mean much anymore!

    ----- kj
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