Now not even gold is safe....

Discussion in 'Financial Cents' started by scrapman21009, Sep 6, 2012.

  1. scrapman21009

    scrapman21009 Chupacabra Hunter

  2. Yard Dart

    Yard Dart Vigilant Monkey Moderator

    In a social economic collapse the .gov will be seizing all gold on record from all parties including you and I. If you have the stuff prepared to hand over, good luck. For me the precious metals are just that, and I will be storing them out of sight and nowhere search-able under a warrant or other..... or I will have another boating accident... just sayin......
    Tully Mars and 3cyl like this.
  3. ghrit

    ghrit Bad company Administrator Founding Member

    They are going to have to work overly hard to get my fillings.
    Homer Simpson, Zimmy, tulianr and 2 others like this.
  4. techsar

    techsar Monkey+++

    Hmmm...seems my "gold" is a bit on the heavy side...oops, that's lead ;)
  5. cdnboy66

    cdnboy66 Monkey++

    I keep everything in the boat, which is probably why it's so darn tippy
    Homer Simpson and Cruisin Sloth like this.
  6. BTPost

    BTPost Stumpy Old Fart,Deadman Walking, Snow Monkey Moderator

    All my Gold, is in an off-shore Safe Deposit Box.... I have no records, here, that lead to that stash.... Let them dig up most of the State of Alaska, looking for them.... ..... YMMV....
    Cruisin Sloth likes this.
  7. TwoCrows

    TwoCrows Monkey++

    If they dig up Alaska they will find a lot of gold, just still in the raw :D
    gunbunny and TheEconomist like this.
  8. devastator

    devastator Monkey

    Worrisome but at least still far from a crackdown on vaults, which is my main fear actually.
  9. Jaybird

    Jaybird Monkey+++

    My gold is in the backyard if they want to dig it up. Once they have dug up my backyard they want find any gold, but I can then plant a bigger garden. :p And that is gold.
  10. Gator 45/70

    Gator 45/70 Monkey+++

    muffin babys 005 (800x600). Here's my gold,Just because it look's like lead does not mean it's lead...$ 100.00 per boolit or 1 Ingot for a $ 1000.00, My phone will be ringing off the wall in 5...4...3...2... muffin babys 005 (800x600).
  11. BTPost

    BTPost Stumpy Old Fart,Deadman Walking, Snow Monkey Moderator

    I keep a couple of hundred fathoms of old used Purse Seine Lead Line under the Cabin.... That is my Lead Stash.... Just burn off the Nylon Rope that surrounds the Lead chunks, in a fathom, or two, and I have enough Lead, to cast all the projectiles I need for the two .50 SmokePoles that Momma and I have the Ruger Old Army .44 that are our Ultimate SHTF Backup Weapons.....
    Gator 45/70 likes this.
  12. oldawg

    oldawg Monkey+++

    Gator with a few molds it will be gold right after shtf. From what I can see in the pic you have some well finished molds.
    Gator 45/70 likes this.
  13. john316

    john316 Monkey+++

    3cyl and Gator 45/70 like this.
  14. apache235

    apache235 Monkey+++

    Our government at work, helping us and keeping us safe.
    Gator 45/70 likes this.
  15. oil pan 4

    oil pan 4 Monkey+++

    Don't deal in exceptionally rare coin items.
    If there is an economic collapse no one wants to pay stupid high prices for these items. There is a lot of risk with these items.
    Rare coins, rare paper money, base ball cards, ect go down in value when the economy is doing badly.
    The value of no thrills gold and silver goes up during economic downturns.
    Last edited: Oct 13, 2018
    oldbee1966, TnAndy and Gator 45/70 like this.
  16. oldman11

    oldman11 Monkey+++

    But there will come a time when goldand silver will not be worth a can of beans. Some gold and silver is fine,but food,cigs,alcohol,ammo,gasoline,meds,dope,baby milk,propane,warm clothing,clean water,batteries,fertilizer and seeds will all be worth more than silver and gold. I forgot firewood,that’s a item that’s going to be in short demand,people won’t have the means to harvest wood.
    Zimmy and Gator 45/70 like this.
  17. john316

    john316 Monkey+++

    THE TAKE AWAY...........
    FIND 1.................turn it into money
    find another.......................1..............
    Zimmy likes this.
  18. oil pan 4

    oil pan 4 Monkey+++

    With high purity silver I can make colloidal silver....
    Zimmy and Gator 45/70 like this.
  19. TnAndy

    TnAndy Senior Member Founding Member

    That surely IS a possibility.......but while waiting on that, the FAR MORE LIKELY case is just what has happened for the last 100 years.....a long, slooooowww, controlled slide in the purchasing power of paper 'money' intent, not accident.

    Had you put a $20 gold coin and a twenty dollar paper bill in a cookie jar 100 years ago, the paper bill would today buy lunch for two at most fast food restaurants (I spent 15+ bucks at Wendy's today for wife and I, no desert) and the $20 gold coin would buy 1200 bucks worth of whatever.

    So while certainly prudent to stock a wide variety of life essential items (and I'd go toe to toe with about almost anybody in that department), should you find yourself with the opportunity to have excess funds to be saved for the future, keeping most of them out of 'federal reserve notes' or instruments denominated in that form (stocks, bonds, CD's, etc), because it's not possible to print trillions of 'dollars' and not water down the value of those already in existence via inflation.
  20. TnAndy

    TnAndy Senior Member Founding Member

    I think the gist of the government's argument was those 1933 coins were stolen from the mint to begin with and that didn't negate fact they were still govt property even though held in private hands for many decades.

    Theft doesn't require compensation, even if a friend of great grandpa conspired with GGpa to pull off the heist.
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