Gold Confiscation Act

Have you continued to notice all the advertisements on TV and radio for buying gold? Do you see any similarities to the ads of the late 1990's touting day-trading in tech stocks? How about all the, "Become a real estate tycoon with no money down!", TV infomercials?

We all know that history repeats itself. With that being true, let's revisit again what happened in 1933...the last time that the financial system almost collapsed.

Read the 1933 Government act that seized all U.S. citizen's gold;
http://www.the-privateer.com/1933-gold-confiscation.html

So what would the government be willing to pay for this gold if they are going to take it?....they will exchange it for some form of paper. Would you be a happy investor if you had just paid $1000 per ounce for gold bullion and the government forced you to give it to Fort Knox in exchange for paper I.O.U.'s?