I think this is the beginnings of an economy based on perpetual growth and fossil fuel energy running headlong into geological energy constraints. Basically I see an undulatory downward path for the rest of my life. From here out, I think any rallies in our economic condition are going to be met with spiking commodity prices that knock us right back down.
Joined: Jun 06, 2005 Posts: 1294 Location: the place where smartasses dwell
Posted: Wed Sep 19, 2007 6:41 pm Post subject: Re: Gold Confiscation: Will it happen again?
The point is: in 1933, while the rest of the world was already off the gold standard or moving away from it, it was easy for Roosevelt to enforce his domsetic US gold-trading ban. Back then, virtually all Americans owned gold or held gold coins as currency. Today, virtually no American holds gold, and there is no gold currency in circulation worth mentioning. The amounts that the governing "Amerika" could get from such a move would be minuscule, so why bother? Even if successful, such a move would not in the least improve the dollar-forces' position internationally - and that is what really counts in today's currency environment.
Alex Wallenwein , www.silverbearcafe.com _________________ It's the height of rudeness for the stretch polyester pants crowd to foist their tard version of Christ on talmudic scholars. But they don't get this, because they are, after all, extremely thick.----Threadbare
Joined: May 18, 2006 Posts: 4753 Location: Minneapolis, MN
Posted: Wed Sep 19, 2007 7:35 pm Post subject: Re: Gold Confiscation: Will it happen again?
ferrelgiraffe wrote:
Like in Europe in WWII
they question you, if you have anythihg, if they liked it, they shot you in the head and took it.
My grandpa had the largest farm house in the town, nice, his uncle was the sherriff and had rights to the forests (they paid him for logging) and he was royalty. Because of his connections he was allowed to live if he just walked away. One of my second uncles actually is governer in eastern country, and will remain so, it is nt a matter of voting there, (black sheep) he wasnt' a nice guy to get that position.
They know who runs things in europe and in the world, they know, and it hasn't changed. but most are not evil enough to play by the rules. What is left of our family came over as peasants, what a change. They had connections to come as refuges. The rest they shot or killed. Great grandmother got a gun butt to the head to save bullets, the kids were not allowed to bury her, they kept walking.
Nothing will protect you from what is coming, you will walk, there will be no driving cars in a few years. Live in an area knowing that. You must be reasonably self dependant.
They will come to your door and take your guns and your gold and anything else they like, maybe your house if it is too nice. They will take your wife and your daughter, whatever they want. And you must smile when they do so.
count on it.
I don't buy this one at all. In American, we are armed and are ready to use our weapons. If you only knew how many have weapons and lot's of ammo. This is America - it ain't gonna happen. That's the ONE thing Americans WON'T give up. Period!
Joined: Sep 14, 2004 Posts: 6547 Location: Rural Virginia
Posted: Wed Sep 19, 2007 8:13 pm Post subject: Re: Gold Confiscation: Will it happen again?
jboogy wrote:
The point is: in 1933, while the rest of the world was already off the gold standard or moving away from it, it was easy for Roosevelt to enforce his domsetic US gold-trading ban. Back then, virtually all Americans owned gold or held gold coins as currency. Today, virtually no American holds gold, and there is no gold currency in circulation worth mentioning. The amounts that the governing "Amerika" could get from such a move would be minuscule, so why bother? Even if successful, such a move would not in the least improve the dollar-forces' position internationally - and that is what really counts in today's currency environment.
Alex Wallenwein , www.silverbearcafe.com
Well-said. And you get extra points for spelling "minuscule" correctly.
People who claim "it happened before, so it can happen again" really need to go and check the history.
Lots of Americans never turned in their gold. How many? Who knows, but many. Others sent it to banks overseas. Others just kept it in their hidey-holes. Only the dummies turned it in. The other set of losers were the people who insisted on keeping their gold in US-bank safety deposit boxes.
Also there was no door-to-door, Gestapo-type search for people's gold. The very idea is ridiculous. The US Nazis can't even find Bin Laden. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
Joined: Sep 25, 2004 Posts: 4690 Location: Boston, MA
Posted: Wed Sep 19, 2007 8:25 pm Post subject: Re: Gold Confiscation: Will it happen again?
STOP COMPARING PEAK OIL TO HURRICANE KATRINA.
Sorry, I had to.
I get rather tired of people comparing a general decline in the availability of inexpensive liquid transport fuel...to a hurricane.
By the way, do you live in a massive crime ridden corrupt city like New Orleans? If not, your local police are going to stick around, enforcing the law.
Why? Because every single civilization in the history of the world has had local law enforcement. They might be nothing more than hired guns as employed by the mayor, but they will still exist.
Again, why should town governments collapse?
No one has ever provided an adequate explanation for that one... _________________ "www.peakoil.com is the Myspace of the Apocalypse."
Posted: Thu Sep 20, 2007 5:21 am Post subject: Re: Gold Confiscation: Will it happen again?
ferrelgiraffe wrote:
They will come to your door and take your guns and your gold and anything else they like, maybe your house if it is too nice. They will take your wife and your daughter, whatever they want. And you must smile when they do so.
count on it.
F**k that! Take at least two of them with you and let the survivors take it from your cold dead hands. _________________ Iran: 'Murrica's FINAL frontier
Posted: Thu Sep 20, 2007 11:35 am Post subject: Re: Gold Confiscation: Will it happen again?
Things which it's not cost effective to confiscate, but are highly valuable-
Seeds and plants
Books, CDs, stored valuable information.
Ground water cooling/heating system/power source.
Basic tools.
And in order to avoid them stealing stuff from you, if you have valuables such as gold, why not simply stash your money/gold in a foreign account?
Joined: Sep 25, 2004 Posts: 4690 Location: Boston, MA
Posted: Thu Sep 20, 2007 12:30 pm Post subject: Re: Gold Confiscation: Will it happen again?
max_power29 wrote:
ferrelgiraffe wrote:
They will come to your door and take your guns and your gold and anything else they like, maybe your house if it is too nice. They will take your wife and your daughter, whatever they want. And you must smile when they do so.
count on it.
F**k that! Take at least two of them with you and let the survivors take it from your cold dead hands.
First off, why should civil society break down?
We had a functioning judicial system in the oil free 1700s, why couldn't we have one in the oil free 2100s?
Population density makes the need for strong judicial rule even more crucial.
Those of you entertaining thoughts of becoming roving marauders are sadly mistaken. You are highly likely to end up in a state prison/factory. _________________ "www.peakoil.com is the Myspace of the Apocalypse."
Joined: Sep 14, 2004 Posts: 6547 Location: Rural Virginia
Posted: Thu Sep 20, 2007 2:31 pm Post subject: Re: Gold Confiscation: Will it happen again?
Kylon wrote:
to avoid them stealing stuff from you, if you have valuables such as gold, why not simply stash your money/gold in a foreign account?
Because when TSHTF you may not be able to gain access to your gold or other valuables. Those foreign accounts could simply evaporate, or could be frozen for any of many possible reasons.
If you own gold you should have direct control over it, and no one should know that you have it except people you'd trust with your life. Francisco Gomez at the Second Tex-Mex Bank does not qualify. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
Posted: Thu Sep 20, 2007 11:57 pm Post subject: Re: Gold Confiscation: Will it happen again?
Maybe in the old days gold will be valuable to me as the new generation people....but now if the SHTF and civil chaos starts...with little or no control of the high inflationary nature of pricing....we might have a serious problem.
Let's be very simple minded.
How the new generation people including me estimate the value of a gold coin and how much can in exchange in real life...like for food, water, accommodation...and for how long for a single gold coin...gold bar or etc.
If the dollar collapsed and everything hyper inflated in cost then we can be priced $200 per Macdonald Happy Meal $300 for a Taxi ride to safety $1 million for escape to other shitty country and just maybe 20 million for a tank of gas or water...or one shiny gold coin...that might be fake...hmmm
Let's make some heavy metal plated with alloyed with gold?
The problem is when someone throw me gold to make a generator for them ....compare to a farmer to throw me a safe supply of potatoes...for the generator...I will still choose the farmer.
Gold cannot be that valuable anymore once the "material wealth" can no longer buy luxury......
Joined: Sep 14, 2004 Posts: 6547 Location: Rural Virginia
Posted: Fri Sep 21, 2007 8:26 am Post subject: Re: Gold Confiscation: Will it happen again?
Gold has proved its mettle for thousands of years. Case closed.
Skills matter too, but that's a separate issue. This isn't an either/or proposition. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
News
Discussions
Resources
Members
Forum FAQ
Search
Usergroups
Profile
Log in to check your private messages
Log in
