EricH

Wellington West Studies Eight Gold Equities, Picks Two Favorites

At what price? I say at a super LOW PRICE. They'll probably declare confiscation when hyperinflation is eminent but not yet present. Therefore, I'd expect them to manipulate the paper gold price down between $480-$550 and then WHAMO... Call the confiscation, outlaw personal holdings, and pay off existing holders a meeger amount of nearly hyperinflated bank deposits (not even cash, just data entries in your bank). That's how sheeps.

Anyhow my meeger coins already got stolen by crooks, so I don't need to worry about this anymore. But you probably need to worry about it.


On Jan 16 10:49 AM Econ 101 wrote:

> At what price point does gold become so expensive the government
> confiscates it? $1000? $1500? $2000??? At some point the inflation
> (hyper-inflation??) caused by the immoral bank bailouts for the wall
> street thieves will happen (between Oct 09 and Mar 10??) and gold
> will explode. The government already has the power to steal gold
> from ETFs and your house and give paper money in exchange.
>
> The only question is when?