Thursday, May 24, 2012

 
 
 
 
 
Rumors swirling: The U.S. gov't is planning to confiscate gold
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Friday, February 25, 2011
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From SHTFPlan:

... We've learned from well-known metals analyst and commentator Roger Wiegand, in an e-mail to silver analyst David Morgan which was subsequently published in Morgan's latest Silver Investor newsletter available only to subscribers, that several of Wiegand's high level inside sources have reported that the puppeteers behind the U.S. government, in order to facilitate a move into a new world currency are considering, or may have already begun moving forward with, a plan to confiscate gold and silver from the American public.

The following "Red Alert" was sent by Wiegand to other precious metals experts and analysts and is republished verbatim:

... There is a plan to use the IMF (AKA U.S. Treasury and Wall Street) to be the front man for the new world order and one currency.We also got disturbing news yesterday from an impeccable source that when gold touches $2,000 it's confiscated in the USA for about $200. Then it's to be reissued by the Treasury for $10,000 per ounce to back the new IMF world currency using SDRS in 2011. Large physical gold is being moved to Canada.

We've previously commented on the possibility of gold confiscation and other steps that may be taken by our financier controlled government in the event that gold does reach certain thresholds. Reaching these new thresholds, for example $2,000 or $5,000 per ounce, would suggest that the US dollar has likely crashed or begun a final collapse into oblivion, at which point, all credibility for this unit of exchange will have been lost in the eyes of the rest of the world.

Will this lead to confiscation? Even David Morgan himself, in a recent YouTube interview, suggested that confiscation in the traditional sense was "ridiculous" and an argument that he doesn't buy.

Confiscation, however, may happen in other forms...

Read full article...

More on gold:

Gold guru Turk: $8,000 gold may still be too cheap

WARNING: Traveling with gold just became much more dangerous

Real money SHOCKER: What the world would look like priced in gold

Topics: Gold | Government | Cruxallaneous
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