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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: 38,680 ✭✭✭✭✭

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

    Governments can print currency. Only the people can print faith in it — and they’re running low on ink.

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    Downtown1974Downtown1974 Posts: 7,186 ✭✭✭✭✭

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

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    tincuptincup Posts: 5,485 ✭✭✭✭✭

    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: 40,304 ✭✭✭✭✭

    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: 7,770 ✭✭✭✭✭

    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: 9,335 ✭✭✭✭✭

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

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    LukeMarshallLukeMarshall Posts: 2,214 ✭✭✭✭✭

    Tragic I say !

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

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    tincuptincup Posts: 5,485 ✭✭✭✭✭

    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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