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Monday, April 15, 2013

This is the modern gold confiscation

Andy Maguire's latest:

There's been much speculation about a modern gold confiscation.  They can't do it now like they did in 1933 because it's a global market place.

But they can do what they're doing now: drive the price so low that all small private citizen gold holders sell out.  Meanwhile the bullion banks and central banks are buying physical with both fists as they crash the paper price.

It's very tough right now, but don't be sucker.

As soon as they've "confiscated" everyone's gold, they'll reprice the metal, just as they did in 1933.

Please read the link above.

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