They don’t have to confiscate gold. They can just make sure the banking system, which they now control, refuses to accept gold as a currency...or to regulate it so much that it’s diseconomic.
“They don’t have to confiscate gold. They can just make sure the banking system, which they now control, refuses to accept gold as a currency...or to regulate it so much that it’s diseconomic....”
True. As this depression continues to worsen, you’ll see a black market economy start to grow with lots of bartering and Gold will only be part of it. People will trade even if its just at the local levle in order to survive....regardless of what the Obambi says or does.