EricH

Reality Dawning - for Gold

xsuddensam - great questions, easy answers... They = the government, how do they freeze the spot price? they delare it illegal for private citizens to own gold, and whatever the spot price at that time is the "frozen" price (price you will be paid when you turn it over to them).

This only has a chance of happening if the US dollar fails. Go study the great depression... they did exactly what I've described to you above. The only twist is that today's trashy dollar isn't backed by gold, in those days it was.

Gold used to be fixed at ~$21/oz when they outlawed it (great depression times)... shortly after outlawing it, and exchanging it for dollars they devalued the dollar by 40%, then a short period of time after that they repriced gold at $35/oz. a double whammy...

You could call it a conspiracy if you want. We have case precident for what I described. I hope this doesn't happen either.