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A Preview of Coming Currency Controls

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EconomicNoise.com

The following letter may seem innocuous, but it is far from that. Its effect is equivalent to a currency control, specifically a reduction of Americans ability to protect their wealth from government failure or confiscation.

Freedom has been restricted in a manner entirely consistent with the aims of a police state.

 

Simon Black discusses this matter in depth.



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    • Old Harry

      The USA is the only country that can tax a company outside it’s borders. If you purchase gold and it is being stored outside of the country the company that is storing your gold will be penalized by the USA government and can loose millions in business dealings. (this is what I understand) If you purchase gold and silver the values can and will be controlled within the USA. YOUR IRA’S AND 401′S WILL SOON BE MADE A PART OF THE SOCIAL SECURITY SYSTEM AND YOU WILL LOOSE CONROL OF YOUR OW FUNDS – but this is only my opinion and so far I’m on track. What ever path you take a new law will be enacted to counter your direction. My suggestion – if you have the courage is to move to South America such as Chile, and start all over as at least they are pro-business. Maybe I’m all wet, and maybe the USA government will sustain itself and all will be OK but with all the recent ammo purchases, under ground tunnels, FEMA CAMPS, etc I would be leery.

    • CosmicKiwiPerth

      Old Harry & others; Looks like Midnight gardening is coming back to the fore.. Ie; Burying your money, silver & GOLD..

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