Will this happen here next??? Turkey

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taxbuster1040
taxbuster1040 Posts: 355 ✭✭✭
in Precious Metals

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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  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    if they wanted your gold, they would already have it.

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • Downtown1974
    Downtown1974 Posts: 7,189 ✭✭✭✭✭
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    Never gonna happen.
    We’re no longer on the gold standard. It would be pure theft.

  • tincup
    tincup Posts: 5,481 ✭✭✭✭✭
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    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
  • rjk
    rjk Posts: 17 ✭✭
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    Try and come take it gubmint 😏

  • MsMorrisine
    MsMorrisine Posts: 40,036 ✭✭✭✭✭
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    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
  • blitzdude
    blitzdude Posts: 7,721 ✭✭✭✭✭
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    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:

  • Meltdown
    Meltdown Posts: 9,283 ✭✭✭✭✭
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    Same. All mine was lost in a tragic boating accident. :/

  • LukeMarshall
    LukeMarshall Posts: 2,212 ✭✭✭✭✭
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    Tragic I say !

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

  • tincup
    tincup Posts: 5,481 ✭✭✭✭✭
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    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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