Saturday, November 29, 2008, 8:34 PM
Here's a question I received today, and it is both quite common and legitimate.
I know you have been a strong physical gold advocate as many on this
site have been as well. I can't think of a less risky term to store wealth
over the long term.
However, although gold confiscation has been mentioned in a few
articles on the site, I have yet to see you post any comments or opinions.
The biggest risk I see with gold is the confiscation issue. Everyone will
have to decide their own course of action if this comes to pass, but my
question to you is this:
What evidence do you see for or against the reimplementation of a
gold standard and what evidence do you see for or against another round of
Hopefully you can answer. Also, I check your site multiple times a
day, but still I don't have a chance to see every forum post. Is there any
way you can notify me of a response?
Thanks so much for your time and effort. You have already made a
great positive impact on my family!
All I can offer here is my opinion, as I certainly do not have any better insights than anybody else.