View Single Post
  #304  
Old 09-28-2013, 9:13 AM
Ripon83's Avatar
Ripon83 Ripon83 is offline
Calguns Addict
 
Join Date: Jan 2011
Location: Modesto & Denio Junction
Posts: 7,012
iTrader: 30 / 100%
Default

I doubt there will be a confiscatory effort to what Americans have possession of, especially silver as its not worth the blood shed.

It does lead me to wonder about ETFs though. We know they only need 20-25% of their shares in actual bullion but if they are worth billions, hundreds of billions then confiscation of their holdings would be a pretty easy way for govt to do that.

America's market is too grand for the elites to waste over a monetary reset. The elites like the status quo, and have used govt / Fed to keep that status quo. With out a war to mess it up I suspect the status quo will continue for our life time....well I'm older than most.

PMs and other assets will continue to deflate once the printing ends.
Reply With Quote