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To: seowulf
Government can regulate every dollar of value out of your real estate and in effect confiscate it while you still "own" it.

They can do that with gold too. They could effectively shut down the gold market tomorrow by passing a law saying that you can't sell your gold to anyone but the Government. I think they did that once before.

There is no safe investment, unless you happen to have drugged all the horses in a race except one. And even then you can't be sure someone else didn't drug yours.

32 posted on 10/10/2009 9:50:36 AM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
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To: P-Marlowe

“There is no safe investment”

True. Investments are only as safe and stable as the nation and system in which they are made. On the other hand, if I go out and buy 100 acres that I can grow food on, at least I can do that. Yes, I know that with government setting land taxes, and with the power of eminent domain even land is not safe. The problem is, you can’t eat Gold or Silver.

One other caveat is that it is somewhat ‘safe’ to invest in yourself. Learn a new skill etc. that makes you more capable of navigating this mess.


34 posted on 10/10/2009 10:00:35 AM PDT by pieceofthepuzzle
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To: P-Marlowe
But in 1933 the dollar was on the gold standard. The FED internationalists would would rather go a world fiat rather than US gold backed FRN.

I still have not heard any rational FED cure for future inflation.

36 posted on 10/10/2009 10:05:52 AM PDT by endthematrix (The Name of the Game is BAILOUT.)
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To: P-Marlowe
They could effectively shut down the gold market tomorrow by passing a law saying that you can't sell your gold to anyone but the Government. I think they did that once before.

Two words: black market.

There is no black market for real estate and I can't take it with me to parts unknown should the need arise.

It's good to have a little portable wealth, gold, silver, or whatever. It's also good to have some wealth outside the border.

48 posted on 10/10/2009 10:26:37 AM PDT by seowulf (Petraeus, cross the Rubicon.)
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