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Also, I don't believe people are in a panic. They're simply sobering up and obtaining REAL money - gold and silver. IMNSHO

The only possible problem would be that Obama and friends HAVE the "authority" to ban the private ownership of gold (again, as FDR did in 1933). I can see him doing the same thing as JFK, where he declared that even gold owned by Americans in foreign lands was to be confiscated.

If you have gold, be sure that there's no paper trail. If buying gold coins, make sure they're "collectible," in order to protect yourself from confiscation - it worked in 1933, but back then the government sort of followed the parts of the Constitution it felt like following, not like today. I can't help but wonder if jewelery might be safer.

Actually, I'm thinking that the best investment right now may be canned goods and shotgun shells!

Mark

The only possible problem would be that Obama and friends HAVE the "authority" to ban the private ownership of gold

Not unless they choose to CONTINUE to violate their oath to support and defend the Constitution - as in: No State shall... make any Thing but gold and silver Coin a Tender in Payment of Debts...

Actually, I'm thinking that the best investment right now may be canned goods and shotgun shells!

Those are necessary companions to gold and silver.