[VanShuyten]

a major correction (bear market) that will wipe out or correct 60 years of inflation and leveraging...

But doesn't that mean that the gold he is buying now at $1700/oz will only be worth $35/oz after 60 years of inflation are corrected?

[MrDaddyLongLegs]

“The Gold Confiscation Of April 5, 1933
From: President of the United States Franklin Delano Roosevelt
To: The United States Congress
Dated: 5 April, 1933
Presidential Executive Order 6102
Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold Certificates By virtue of the authority vested in me by Section 5(b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled

An Act to provide relief in the existing national emergency in banking, and for other purposes~’,

in which amendatory Act Congress declared that a serious emergency exists,

I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said section to do hereby prohibit the hoarding gold coin, gold bullion, and gold certificates within the continental United States by individuals, partnerships, associations and corporations and hereby prescribe the following regulations for carrying out the purposes of the order:”

and when the Fed confiscates your gold what you gonna do then ? friend.

[BfloGuy]

But doesn't that mean that the gold he is buying now at $1700/oz will only be worth $35/oz after 60 years of inflation are corrected?

But doesn't that mean that $35 will be worth $1700?