Thought this might be of interest- YouTube - Gold confiscation The replies beneath the YouTube are quite interesting.
"they will raise the price of gold to 100,000 per ounce". Hey.....as long as OTHER prices remain somewhat near what they are now ( even double would be fine ), at 100k/oz I'd be glad to part with mine along the way....heck, it's savings, and that is what I bought it for. Personally, I think he's full of baloney. What I look for them to do is confiscate by raising the existing 28% tax on it to 90-95%......"for the children", of course.......and what you'll have to do is go to the black market that will spring up.
The first things a exiled dictator does is take the gold out of the country. we saw that in Tunisia, and now Egypt. Libya just did it, he's fled the country. More to follow and we know why now.
