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This Is Why Will Gold Confiscation Will NEVER Happen Again!

By BackyardBullion, 14/05/23
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This Is Why Will Gold Confiscation Will NEVER Happen Again!

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Interesting discussion topic BYB....If for the sake of the argument a Govt needed large volumes of gold to shore up their financial system (old or new), then the logistics piece you note is key. The cost to either go door to door or set up buy back centres would be massive, take time and PO the public......much easier if you live in a country that is a gold producer for the Govt to nationalise the gold mines...faster and you only PO a smaller group of local and international shareholders......that said if your country is not a large producer of gold, then old mate from the Govt may come after ya gold .....😬

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