Your gold could be confiscated, warns E.B. Tucker, here’s how

  Рет қаралды 504,006

Kitco NEWS

Kitco NEWS

Күн бұрын

Back in the 1930’s, President Franklin Roosevelt issued Executive Order 6102 that required everyone to return their gold holdings back to the U.S. government.
Although the limitation on gold ownership has since been repealed, the risk still remains that governments could do this again today, albeit only if gold prices were much higher, said E.B. Tucker, director of Metalla Royalty & Streaming and author of "Why Gold? Why Now? The War Against Your Wealth and How to Win It."
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Пікірлер: 1 200
@shosugino6716
@shosugino6716 3 жыл бұрын
I went fishing a month ago in the Atlantic Ocean and all of my gold fell into the sea in a freak accident.
@RanchoCarrasco
@RanchoCarrasco 3 жыл бұрын
Sucks...I went to the same place and lost all my guns in the exact same way.
@frankmundo4300
@frankmundo4300 3 жыл бұрын
I hope your both kidding if not FUCK....
@dlew3624
@dlew3624 3 жыл бұрын
How many times do you need to be told..... storing your gold in your gun cases will be a double blow in these type of accidents. 😂 .sorry for your loss
@patnewman5403
@patnewman5403 3 жыл бұрын
Your dog ate your homework too?
@xephael3485
@xephael3485 3 жыл бұрын
Please provide lat & lon...
@dagda825
@dagda825 3 жыл бұрын
Back then people trusted the government. Today they can piss off. And there are plenty of places you can trade in gold (and other commodities).
@Ricksworld1962
@Ricksworld1962 3 жыл бұрын
But they still can track your purchases, unless you only pay in cash. But that only works with smaller amounts over longer period. What if you just started buying, and needed to catch up? Another question What about silver?
@wahkaoz
@wahkaoz 3 жыл бұрын
@@Ricksworld1962 no one stopping you from telling them you have pawned all the gold/silver and spent all on ice-cream.
@Ricksworld1962
@Ricksworld1962 3 жыл бұрын
@@wahkaoz 😁👍 $100,000 in ice cream 😳
@Ricksworld1962
@Ricksworld1962 3 жыл бұрын
@reesej123 Russell That’s an idea. Just have the bank to deal with, when taking large sums of money out?
@Ricksworld1962
@Ricksworld1962 3 жыл бұрын
@reesej123 Russell I am expecting at some point in time towards the middle of 2021, to receive a settlement. I assume I will have to put that settlement into one bank. Then I will go from there?
@bruceritchie5190
@bruceritchie5190 3 жыл бұрын
The reason why nobody owns gold is because nobody has any money, they just own a mountain of debt and need currency to service it.
@allansmith7305
@allansmith7305 3 жыл бұрын
@E W Ditto!
@rosaversanti432
@rosaversanti432 3 жыл бұрын
Yep agree. And China is buying gold and nobody is talking about it. Why China has been buying a lot gold?
@1sweetlittleprincess
@1sweetlittleprincess 3 жыл бұрын
That is exactly what I said to someone today
@jayc4715
@jayc4715 3 жыл бұрын
@@rosaversanti432 chinas been buying oil also
@yamaldawadad7324
@yamaldawadad7324 3 жыл бұрын
I love gold, I only give it up for pussy
@PeterSosinski
@PeterSosinski 3 жыл бұрын
The beginning of wisdom is to call things by their proper name.... So not confiscated, but stolen.
@Goggles1
@Goggles1 3 жыл бұрын
Orwelian Term. Yes, Theft!
@bill7778
@bill7778 3 жыл бұрын
My gold was protected by lead, until the unfortunate boating accident.
@leeanderson2912
@leeanderson2912 Жыл бұрын
Darn! The government should put out a public service message to not to take your gold out on a boat-- for your safety. I wonder how many poor people lost all their gold in the last hurricane in Florida.
@albertalbert4333
@albertalbert4333 3 жыл бұрын
Make gold illegal and a black market will appear. ( working on that now)
@maximuscomfort
@maximuscomfort 3 жыл бұрын
Counterfeit bullion is such a given that pallets of any gold bricks stored at Ford Knox are half lead, IMHO.
@tigerlilly3727
@tigerlilly3727 3 жыл бұрын
@@maximuscomfort ultrasonic thickness gauges are your friend :)
@sebas8225
@sebas8225 3 жыл бұрын
@Floyd1504 Same stuff with China´s gold reserves having Tungsten bars pretending to be Bullion bars
@nawtsurprised
@nawtsurprised 3 жыл бұрын
Black Market? Oh, you mean the FREE Market.
@Emerus7
@Emerus7 3 жыл бұрын
Hmu when it’s up and running
@arthurv4401
@arthurv4401 3 жыл бұрын
I hate the government.
@paulsawczyc5019
@paulsawczyc5019 3 жыл бұрын
Participate as little as possible - do not chase money.
@ajaywhite9103
@ajaywhite9103 3 жыл бұрын
I love my country I fear my government
@frankmundo4300
@frankmundo4300 3 жыл бұрын
Its not the government idk who but they're people far more powerful pulling strings the goverment is just a public face someone to blame
@lorilanili1356
@lorilanili1356 3 жыл бұрын
@@ajaywhite9103 Just pretend you love your govt. They are there to watch every move you make and every word you say.
@treasurelife6922
@treasurelife6922 3 жыл бұрын
Do you support the police?
@NunyaBidness162
@NunyaBidness162 3 жыл бұрын
Don't "go with the flow". Fight back!
@lorilanili1356
@lorilanili1356 3 жыл бұрын
If you want to fight back, be kind and respectful but don't let them fear you.
@dznuts123
@dznuts123 3 жыл бұрын
Good luck. It’s more likely that you’ll end up dead and accomplish nothing, because most people just talk.
@NunyaBidness162
@NunyaBidness162 3 жыл бұрын
@@dznuts123 Words of a coward
@MrBdog346
@MrBdog346 3 жыл бұрын
it can only be confiscated under acceptance dont be fooled possession is 9/10 of the law
@UltimateBargains
@UltimateBargains 3 жыл бұрын
If you own precious metals, then do not tell anyone, do not keep it in a bank safety deposit box.
@paulettewashington1088
@paulettewashington1088 3 жыл бұрын
Applications NOW ASK IF YOU OWN GOLD, and WHAT IS THE VALUE! REAL TALK... DON'T TALK!
@charlessavoie2367
@charlessavoie2367 Жыл бұрын
Don't do foolish "unboxing" videos!
@thegardeninvestments
@thegardeninvestments 3 жыл бұрын
EB is a younger peter Schiff lol. He’s angry, goes on intelligent tangents and knows his stuff lol. More interviews with EB. Just have him on for an hour. I’d watch every second lol.
@Davidnumber23
@Davidnumber23 3 жыл бұрын
he is as arrogant and in denial as schiff too... pair need to bin their ego's.
@thegardeninvestments
@thegardeninvestments 3 жыл бұрын
@San Diego except all of his price forecasts for gold.
@thegardeninvestments
@thegardeninvestments 3 жыл бұрын
San Diego then pay attention to kitco news. He’s been bang on with every prediction and you have miss understood his forecast. He clearly said 2500 by the end of the year. I don’t know where you are hearing him Say anything about the fall. Read his book. Everything he’s said isn’t just made up outta no where. He’s not the only person saying gov is doing shady stuff. Google EB TUCKER KITCO NEWS and rewatch his older interviews.
@thegardeninvestments
@thegardeninvestments 3 жыл бұрын
San Diego oh it touched his price target then dropped below it. Okay disregard everything he’s ever said then. Ya he’s nuts.
@thegardeninvestments
@thegardeninvestments 3 жыл бұрын
San Diego you’re upset because he’s not telling you how long it will hit his price targets. That’s wild lol. He’s a human not a sorcerer.
@thedude5599
@thedude5599 3 жыл бұрын
All US fighter pilots have 1 Oz of gold in their survival kit, because if they crash, Gold can be used to barter in every country of the world. Gold is the ultimate world reserve currency.
@lamarravery4094
@lamarravery4094 3 жыл бұрын
But didn't they have to turn it in to the government when FDR was president? Lol.
@cyndiharrington1751
@cyndiharrington1751 3 жыл бұрын
Shut up
@davidgdmz4551
@davidgdmz4551 3 жыл бұрын
fact check ? it ain't true at all and you know it
@TheGreenfrog140
@TheGreenfrog140 3 жыл бұрын
Not anymore .. every one is going for bitcoins
@kaizershozei8720
@kaizershozei8720 2 жыл бұрын
@@TheGreenfrog140 hahahaha..you comic
@sexygeek8996
@sexygeek8996 3 жыл бұрын
There are two dictators who came to power in 1933 and died in 1945: Franklin Roosevelt and Adolf Hitler.
@shadowcat3163
@shadowcat3163 3 жыл бұрын
There was a wave of socialism in the world back then, Germany, Italy, Russia, The US. All different flavors of the same thing. We just got to write the history books. Why did we take so long to get into WWII?...We waited for everyone else to wear themselves out and then came in and overwhelmed them becoming hero's in the process. We just got a bit surprised by the Soviet Unions build up. If we knew how strong they would have become we likely would not have helped them as much. Patton knew, he wanted to draft the remains of the German army after they surrendered and keep pushing East all the way back to Russia. He would have done it to. But, we ended up with 40 years of a cold war instead with a few real touch and go moments in the 60's. We just outspent them till they folded trying to keep up with us. Thing is we spent too much keeping the rest of the chickens in the pen and are stressed ourselves now. Not as bad as China but the next few years may be a new beginning and the end of the post depression/war era model. Europe is in trouble, China is unsustainable, Japan is shrinking fast, and Africa is a flat out mess as is South America. Next major powers may be India, something Islamic if they can stop their infighting and build another Ottoman Empire, and maybe Israel if they survive the build up of the same empire.
@thetruthisoutthere415
@thetruthisoutthere415 3 жыл бұрын
That is a brilliant statement, power to the people!
@lamarravery4094
@lamarravery4094 3 жыл бұрын
@@shadowcat3163 FDR was waiting for the right moment to get us in. He provoked the Japanese with the oil embargo and knew the Japanese would attack Pearl Harbor and allowed it to happen, sacrificing 2,000 American lives to sway American opinion to back the war and we became the superpower. We had a good 2 or 3 decades before we lost our prosperity and became a debtor nation fighting the cold war.
@maxmaxim5635
@maxmaxim5635 3 жыл бұрын
But US history books indoctrinate us that FDR's New Deal saved the country. If they read Benjamin Roth's diary of the Great Depression, they'll learn otherwise.
@peroleable
@peroleable 3 жыл бұрын
Adolf Hitler died in 1963
@nicksmifso8071
@nicksmifso8071 3 жыл бұрын
Easy fixed .remove the government .
@nicksmifso8071
@nicksmifso8071 3 жыл бұрын
@Tom Jenkins Symbol of mental bondage and submission .
@nicksmifso8071
@nicksmifso8071 3 жыл бұрын
@Tom Jenkins They know best .
@billybrewer7356
@billybrewer7356 3 жыл бұрын
Wow 😳 why didn't I think of that ? Ya dork
@RealAntek
@RealAntek 3 жыл бұрын
@@nicksmifso8071 Or maybe we wear a mask because we don't want a 1,000+ dollar fine?
@nicksmifso8071
@nicksmifso8071 3 жыл бұрын
@@RealAntek How far into submission will you go, to avoid a fine ?
@whiskers78753
@whiskers78753 3 жыл бұрын
I would take my gold to my grave before giving it to the government.
@johngrear6506
@johngrear6506 3 жыл бұрын
Only a fool plays by the rules in a rigged game.
@carlcampbell6827
@carlcampbell6827 3 жыл бұрын
John Grear - "A rigged game" man is that ever the truth!
@toddmaek5436
@toddmaek5436 3 жыл бұрын
This is the smartest thing I have seen on youtube all day
@Fastgt2003
@Fastgt2003 3 жыл бұрын
they gotta find it first lost in a boating accident
@D130401
@D130401 3 жыл бұрын
I disagree!!! In the 1920's everyone had gold because it was everyday money. Today, less then 1% of people own gold (money) but the gold is not legal tender. If the government wants to confiscate gold, they will go after the Comex (who has very little) and the big banks. It's too much trouble to go after "less then 1%".
@toomuchdebt5669
@toomuchdebt5669 3 жыл бұрын
Or just invade russia , china, india, Australia, canada, germany and great briton. They got tons of the yellow metal
@thechriswrobelexperience1809
@thechriswrobelexperience1809 3 жыл бұрын
We in Canada as a government have zero gold
@user-oy9zy4ds9m
@user-oy9zy4ds9m 3 жыл бұрын
Nah too risky to invade countries with nuclear weapons
@onlypranav
@onlypranav 3 жыл бұрын
Like he says in the video, they don't have t go after you, just tax it. In a crisis when govt. get really desperate for funds, they will be taxing everything left and right. Why not tax gold. It won't even cause major backlash. Only 1% own it.
@YankeeStacking
@YankeeStacking 3 жыл бұрын
YUP! Not going to happen for this and other reasons.
@nhragold1922
@nhragold1922 3 жыл бұрын
🤣🤣 being a gold miner the only thing I'm willing to give up is lead.
@rohitjayasheel
@rohitjayasheel 3 жыл бұрын
In America they can bring rules to confustucate GOLD. But what about China India, Saudi Arabia, Russia , etc people. Will never happen
@sebas8225
@sebas8225 3 жыл бұрын
exactly
@onlypranav
@onlypranav 3 жыл бұрын
Why not? If it can happen in US, where people have guns why not India? Don't even speak of the other countries you mention. They already have much greater control over people
@SportZFan4L1fe
@SportZFan4L1fe 3 жыл бұрын
Russia loves Gold.
@jonnybreakz
@jonnybreakz 3 жыл бұрын
from my cold dead hands...
@chrisshank3632
@chrisshank3632 3 жыл бұрын
Everybody thinks that until the Gold squad shows up at your door and searches your house without your permission...... don't think it can happen? They already have gun squads where if you get I. Trouble with the law and somebody mentions firearms or if they are registered, they show up and confiscate all of them and then it's more then difficult to get them back.... happened to someone I've known for more then s decade and it was last year this happened.
@chrisshank3632
@chrisshank3632 3 жыл бұрын
@DarkAngelusV I live in a blue state and their whole motto is to take your rights and freedoms away from you. This is not what God ever intended when he created America, if you look up the visions given to George Washington it's incredible that God had given him glimpses of the future including 3 world wars..... Satan's job is to do the opposite of God's will and are we not seeing that today in every single Blue State? In Washington at the memorial 100k+ people gathered including the Vice President to give thanks and prayer to God, only place you'll see that is on KZbin but there was no violence! Just Americans gathered together to pray for our Country. Quite the opposite of What Democrats want! KAMALA herself called for violence now and after the elections.... 2 different messages.
@uchibenkei
@uchibenkei 3 жыл бұрын
the government will ask nicely, then escalate until you comply or die.
@50pence59
@50pence59 3 жыл бұрын
“Your terms are acceptable”. - Men In Black
@eternalblue3650
@eternalblue3650 3 жыл бұрын
Surprisingly they are completely fine with looting your dead body.
@douglasdunn6015
@douglasdunn6015 3 жыл бұрын
They recalled gold, not confiscated, only 30% turned it in. We were also on a gold standard then , not now.
@paulsawczyc5019
@paulsawczyc5019 3 жыл бұрын
I heard they took gold from safety deposit boxes in banks.
@douglasdunn6015
@douglasdunn6015 3 жыл бұрын
@@paulsawczyc5019 Assisted along with federal agents ,you could not remove any coin or cash since safety deposit boxes are not insured. Same is true today.
@paulsawczyc5019
@paulsawczyc5019 3 жыл бұрын
@@douglasdunn6015 I betcha the ground is full of buried stuff from people that died.
@chrisshank3632
@chrisshank3632 3 жыл бұрын
Recall? Don't kid yourself.
@MrTommyboy68
@MrTommyboy68 3 жыл бұрын
@@paulsawczyc5019 And that is what they will do AGAIN. You go to the bank and get you "safe deposit box" and there WILL be a government agent standing right there and they WILL take it. Period. Moral of the story, DON'T KEEP IT IN THE BANK, PAY CASH AT A REPUTABLE COIN DEALER AND DON'T TELL ANYONE YOU HAVE IT.
@tigeroll
@tigeroll 3 жыл бұрын
For the government to ever feel it has to instill "fear" in the people is wrong and evil. One like that should be overthrown.
@TalkingGIJoe
@TalkingGIJoe 3 жыл бұрын
The government does not have the authority to take your property... we give it under their threat of force.
@lawrenceekdahl1138
@lawrenceekdahl1138 3 жыл бұрын
If the government can confiscate your gold, I believe they can also confiscate the money in your bank accounts.
@silverman5707
@silverman5707 3 жыл бұрын
They have done it in other countries.
@lawrenceekdahl1138
@lawrenceekdahl1138 3 жыл бұрын
I have no gold
@mickryan2450
@mickryan2450 3 жыл бұрын
Happened in oz
@laurencew5220
@laurencew5220 3 жыл бұрын
And your property
@nmagain24
@nmagain24 3 жыл бұрын
They can. They fiat money isnt yours it's federal reserve notes
@TheBruces56
@TheBruces56 3 жыл бұрын
I had a bunch of gold and took it everywhere with me. Then one time I left it at the beach and when I went back it was gone! Go figure....
@the100percentstraightguy
@the100percentstraightguy 3 жыл бұрын
It can be "confiscated" in a totally different way. 1. transport won't be able to be secured. 2. Ban the online sales by private people. 3. Increased taxed up to 90 percent on the sale of gold and silver.
@johnrivinius4873
@johnrivinius4873 3 жыл бұрын
I am not sure how confiscation will work if some states have legal tender laws
@Emerus7
@Emerus7 3 жыл бұрын
Creepy uncle joe doesn’t care about your laws
@travisshooks7374
@travisshooks7374 3 жыл бұрын
Back then people trusted their government and the news. If that happened today it would go very different.
@RetroHabit82
@RetroHabit82 3 жыл бұрын
They can print more currency, that's not worth the paper it's made from.
@Johnrider1234
@Johnrider1234 3 жыл бұрын
Sorry. Our gold can’t be confiscated. Because we don’t tell people how much we have. Or where it is.
@margaretadamson6239
@margaretadamson6239 3 жыл бұрын
It depends how you buy. Over a certain price it's automatically reported.
@BenTeachesEnglishOverseas
@BenTeachesEnglishOverseas 3 жыл бұрын
If you haven't read EB's book, you should. It's not the same old gold book--there is some very prescient information.
@bryanbaker9878
@bryanbaker9878 3 жыл бұрын
Why would you buy gold and store it from who you purchase it from, then when something happens you can’t get your gold
@charlessavoie2367
@charlessavoie2367 Жыл бұрын
All storage programs are for sheep wanting to be sheared.
@TheWinterDrifter
@TheWinterDrifter 3 жыл бұрын
The people running things are educated beyond their intelligence
@lisabaltzer4190
@lisabaltzer4190 Жыл бұрын
They are not intelligent.
@sweenie58
@sweenie58 3 жыл бұрын
At $40,000/ oz there's enough gold to back our currency.
@toomuchdebt5669
@toomuchdebt5669 3 жыл бұрын
There will be nothing to fund the unending wars. For that you need debt and lots of exported inflation.
@sweenie58
@sweenie58 3 жыл бұрын
@@toomuchdebt5669 your probably right.
@user-oy9zy4ds9m
@user-oy9zy4ds9m 3 жыл бұрын
The Vietnam war was a big reason why Nixon went off the gold standard in the first place. He would have had to raise the price of gold dramatically idk why he didn’t want to do that
@jimmybrad156
@jimmybrad156 3 жыл бұрын
good luck having that proven
@tylerdurden3347
@tylerdurden3347 3 жыл бұрын
There is no amount of gold or any other limited asset that can back a *FIAT* currency. They will just print more. I have no problem with fiat currency... I have a problem with _PAYING INTEREST_ on money that is brought into existence with a few clicks on a keyboard!
@robertrose3068
@robertrose3068 3 жыл бұрын
Another reason gov't could use an excuse: "We need to confiscate gold because we need it for our computers that protect us in an emergency."
@leeanderson2912
@leeanderson2912 Жыл бұрын
Because they want to make us Safe.
@bycracky22
@bycracky22 Жыл бұрын
they never protected americans. Only themselves
@joeyboedeker7205
@joeyboedeker7205 3 жыл бұрын
I don't think they'll confiscate it, but putting a VAT on it? Sure.
@jorgediaz664
@jorgediaz664 3 жыл бұрын
Deregulation, less govt
@MPier
@MPier 3 жыл бұрын
it was not "confiscation", government did not take away the private property by force. they paid for it then raised the price of gold but they like to use the confiscation term because it tends to intimidate and discourage the new buyers. notice they never talk about the confiscation of the ton of money people have made in stock markets in the last 20 years with the help of the federal reserve money printing machine. why? because many of the legislators and government officials are benefiting themselves from it such as sen. feinstein and her husband. why does the stock market sets a new record on the same day that historically high unemployment numbers are announced? government should confiscate the stock market profits first or face getting confiscated
@paulettewashington1088
@paulettewashington1088 3 жыл бұрын
DUE TELL.
@Larry.Roberton
@Larry.Roberton 3 жыл бұрын
I've been listening to this story for fifty years.
@sonnybrisbane66
@sonnybrisbane66 3 жыл бұрын
1. Bitcoin 'is' anonymous, it's only the KYC/AML gateway services that make it not so. So don't use them. 2. 'Gold is the only asset that isn't another person's liability', not so, Bitcoin is exactly the same. '$100 is breakfast in LasVegas', you must eat really well my friend if that's the cheapest breakfast you can find. Last time I was there, 20 bucks did the trick.
@mechanicjobs
@mechanicjobs 3 жыл бұрын
Very interesting perspective. 👍The media gold campaign back in the day sounds exactly like the media campaign with COVID today.
@lamarravery4094
@lamarravery4094 3 жыл бұрын
Covid is a pandemic, the government is trying to save lives, there's nothing nefarious about it.
@nagesha1111
@nagesha1111 3 жыл бұрын
You must be joking Lamar. The nwo planned, created and executed this pandemic.
@TheRealBrook1968
@TheRealBrook1968 3 жыл бұрын
and ... is there a part two because they cut off the interview on a cliffhanger.
@kyanpepper92teller97
@kyanpepper92teller97 3 жыл бұрын
I like this guy super refreshing
@jimc3978
@jimc3978 3 жыл бұрын
Informative interview that is well worth your time in the current environment.
@yourcaseworker6916
@yourcaseworker6916 3 жыл бұрын
It will be,,, Don't fool yourselves sheeple,,, *YOU DON'T OWN IT UNLESS YOU HOLD IT IN YOUR HANDS!*
@jagzilla1398
@jagzilla1398 3 жыл бұрын
He forgot to mention his grandfather didn't want ten years and a ten thousand dollar fine. They strong armed people into giving it up like mobster thugs..
@geoffdurham910
@geoffdurham910 3 жыл бұрын
Just like they will try to take it, they will raise the price after they get it, and give you a peice of paper that is way under value of time you gave it up. They will make money on it several times
@dougjamesvandals
@dougjamesvandals 3 жыл бұрын
Smart guy! I am shocked he is able to speak so freely
@ImNotStalkingYou
@ImNotStalkingYou 3 жыл бұрын
Jewelry could be another way to get around it. Becoming a jeweller might be an extremely lucrative profession soon.
@quartytypo
@quartytypo 3 жыл бұрын
Arrr! I've buried me gold on a deserted island in the Caribbean.
@silverman5707
@silverman5707 3 жыл бұрын
Is it for rent?
@mandalorianjedi2288
@mandalorianjedi2288 2 жыл бұрын
They WILL target your gold WHEN a gold revaluation occurs. But they won’t target Mining Stocks.
@taramothersbaugh8851
@taramothersbaugh8851 3 жыл бұрын
I think this guys underestimates a people’s ingenuity. “Go with the flow” is bad advice.
@Rustlerup
@Rustlerup 3 жыл бұрын
Ya, he's filthy rich and know's how money works. Like he said, they won't confiscate it, they will tax it. He means go with the flow or become a target.
@jmt1887
@jmt1887 3 жыл бұрын
Learned something new about the confiscation history. Did the American benefit or lose from the confiscation policy in general? Who were the winners? Who were the losers?
@commodityjane
@commodityjane 2 жыл бұрын
I have heard from my father that people who owned gold bought houses and became wealthy
@tristangx
@tristangx 3 жыл бұрын
Can you answer the question at which price, a Gold confiscation might happen?
@AmusementForce
@AmusementForce 3 жыл бұрын
Next they will confiscate Bitcoin 🤣
@VibrationsfromMirror
@VibrationsfromMirror 3 жыл бұрын
still a thing, bitCon?
@MrSurferdude420
@MrSurferdude420 3 жыл бұрын
Or just make bitcoin illegal. Say drug dealers criminals...boom price goes to zero
@archygrey9093
@archygrey9093 3 жыл бұрын
They can't confiscate Bitcoin unless you give them the encryption keys (which you can memorise).
@IvanMatvijenko
@IvanMatvijenko 3 жыл бұрын
They are after your soul!
@bigbill74scots
@bigbill74scots 3 жыл бұрын
Bitcoin. All they have to do is crash the net. Boom. No more shitcoin.
@lamarravery4094
@lamarravery4094 3 жыл бұрын
Most people don't own gold so they would support a ruling to take away people's gold.
@charlessavoie2367
@charlessavoie2367 Жыл бұрын
Yes, people are jealous of anyone who has something valuable which they don't have.
@Truthbringspeace
@Truthbringspeace 3 жыл бұрын
Nesara Gesara Going to a rainbow metals based currency. Buy silver
@scottnorris2411
@scottnorris2411 3 жыл бұрын
Thanks for the heads up!
@happysingle6240
@happysingle6240 3 жыл бұрын
One of the best video's I have watched Thank You !
@perficete1000
@perficete1000 3 жыл бұрын
Brilliant interview with a very smart guest 👍🏻
@swoolverton
@swoolverton 3 жыл бұрын
“You can call Kitco and buy gold. ... Gold is an anonymous currency.” I see a long paper trail for that anonymous gold.
@andysAudio
@andysAudio 3 жыл бұрын
not if you mine it yourself. also gold can be melted and all stamps removed. so proof of where it came would not be found.
@toomuchdebt5669
@toomuchdebt5669 3 жыл бұрын
Try a Coin shop.
@cbbluesberry867
@cbbluesberry867 3 жыл бұрын
@@toomuchdebt5669 they still want name, address and drivers license
@theadjuster151
@theadjuster151 3 жыл бұрын
@@cbbluesberry867 no they dont. Not anymore!
@alexhauser5043
@alexhauser5043 3 жыл бұрын
Only buy gold if: 1. You can do so in person 2. The seller accepts cash 3. The seller does not require ID 4. You are able to safely hide it on your own property If even one of these four conditions is not met, the Feds WILL steal your gold when SHTF.
@hots4jc
@hots4jc 3 жыл бұрын
“I have learned the SECRET of being content in all circumstances. Whether living in plenty, or living in want.”
@ethericboy
@ethericboy 3 жыл бұрын
Care to share that secret because there"s a limit to how needy you can be and still be content.
@ozarkprepper1718
@ozarkprepper1718 3 жыл бұрын
I misplaced my gold and silver. Ill remember maybe in 15 to 40 years where I put it.
@larrythacker9824
@larrythacker9824 3 жыл бұрын
The government had a penalty also, $10,000 dollars and 10 years in prison! Gold could not be used inside the US so most thought they had to turn it in,,,
@SuperLooneyrooney
@SuperLooneyrooney 3 жыл бұрын
i don;t think they will outright confiscate it but i do suspect that they will tax the living hell out of it when you go to exchange it (but then again you could trade it for something of equal value - who says you have to trade it for fiat currency).
@yunggolem4687
@yunggolem4687 3 жыл бұрын
Government doesn't have authority to do anything, no one has voluntarily contracted with them. What they do have is the power to do things, they have the overwhelming violence to crush any resistance.
@roelanddejonghe4694
@roelanddejonghe4694 3 жыл бұрын
And what with the miners after the 'illigalisation'?
@encrypt3dbr0k3r
@encrypt3dbr0k3r 3 жыл бұрын
This would never happen again. The fact it already happened has made the gold community wiser and stronger. In a way the govt has shot themselves in the foot. If they tried to pull this off again, they would rip the country apart.
@petercrone3524
@petercrone3524 2 жыл бұрын
Lol.
@rvnmedic1968
@rvnmedic1968 Жыл бұрын
First social security cuts and Medicare coverage reduced will tear the country apart, and THEN gold confiscation. These political weasels are in panic mode and desperate to try anything. One important point: some people said that an Executive Order would not be legal under the Constitution. Beijing Beiden could not sign one for gold confiscation - the power players in the PM markets wouldn't stand for it.
@rawevidence540
@rawevidence540 Жыл бұрын
15 minute cities, with electric cars + kills switches. Try and move your gold when the WHO calls a climate change pandemic and you are in lockdown. When the people rise up, things will change, otherwise good luck.
@kenkaufman9998
@kenkaufman9998 3 жыл бұрын
They can try, good luck finding the gold/silve/platinum. Au, Ag, Pl is REAL money. I will not sell it for fiat currency. Last time many people ignored the government. That is why we have so many pre-1933 gold coins still around. What next Copper also? Pre-1982 pennies are now worth double their face value (157 = 1 lb. = $3.48/lb. today)
@TheAllbudget
@TheAllbudget 3 жыл бұрын
BEST VIDEO INTERVIEW I'VE SEEN IN A LONG TIME
@bell1095
@bell1095 3 жыл бұрын
Can anybody tell which quantity of gold was collected by the FED due to the executive order by May 1, 1933 ?
@mystockmarketpicks263
@mystockmarketpicks263 3 жыл бұрын
My grandad also told me things too. I remember them
@Michael-rt3hf
@Michael-rt3hf 3 жыл бұрын
Here's what I think, 2 scenarios, 1) crash hits, Goverment suspends sale of gold. 2) existing prices would be around 6000 dollars per ounze, Goverment would look to buy gold and incentive would be tax free. Then Goverment would bring in gold standard and move price to 20000 dollars an ounze. Moral is only sell gold on your terms.
@MrSunnyuber
@MrSunnyuber 4 ай бұрын
I've read a couple of very interesting books that discuss this issue. Apparently back in 1933 only a small percentage of people handed their gold back in and of those that didn''t only a handful were prosecuted.
@mikepict9011
@mikepict9011 3 жыл бұрын
It is possible for government to break the law and get bent over until they cry uncle too
@billbercik944
@billbercik944 3 жыл бұрын
Gold and silver has fed kings and queens for as long as time has been recorded
@devinptacek9122
@devinptacek9122 3 жыл бұрын
Just melt it into jewelry or a simple chain. It then Goes from bullion to jewelry a whole different legal definition but loses no value
@KXSocialChannel
@KXSocialChannel 3 жыл бұрын
Here’s what’s going to happen. Government waits until all retail runs out of metal, then offers to pay people twice the market price for their metal. Probability of occurrence: low.
@denniscosban6145
@denniscosban6145 3 жыл бұрын
Impossible they would have as much luck with confiscating gold as they would confiscating everyone's vehicles. Gold and silver are not part of the monetary system anymore 1971
@Xingqiwu387
@Xingqiwu387 3 жыл бұрын
It's sad that this site sees the need to SHADOW BAN viewers's responses.
@benth162
@benth162 3 жыл бұрын
I seriously doubt that private citizens who own gold will turn in the few coins or bars they may have. While using your gold for barter may not be convenient because it could only be used for large purchases there will come a time when you will be able to barter your gold for large items such as used cars from private sales.
@wilfriedvomacka1783
@wilfriedvomacka1783 Жыл бұрын
Using gold as a barter is as convenient as silver because of it's devideability. In Venezuela, 2 years back or so, people were buying food and getting their haircuts done for gold flakes as a money. Or maybe more convenient than silver, it is easier to identify gold than silver for a layman. Moreover, you can use 1/25 Oz coins as a lower denomination (equals ca $70 now) or you can shave some flakes off larger bars, if you need to make small purchases.
@LITEWRENCH
@LITEWRENCH 3 жыл бұрын
I stored all my gold, silver, brass, lead, and steel in a warehouse------ in Beirut 😂
@dobson777a
@dobson777a 3 жыл бұрын
The government recalled silver as well a year or so later.
@dobson777a
@dobson777a 3 жыл бұрын
@Peter Bond actually no during the great recession mining stocks were the play just like today.
@danbuckles2745
@danbuckles2745 3 жыл бұрын
Financial freedom for the monopolies and crapitalism for us.
@shirleylake7738
@shirleylake7738 3 жыл бұрын
In our area there were two pawn shops. Now there is only one When things become tighter the one left may be closed. If things are shut down on the internet .Where would you trade in gold?
@brianrichards7006
@brianrichards7006 3 жыл бұрын
I couldn't even get a small business loan (not grant) for $5000 to repair a building I own in Puerto Rico, (i own the building outright and employ 3 people, who are all out of a job) but I know a lot of small businesses here in N. Florida were given $5000 almost automatically, and many $7500, with literally, no paperwork involved. As far as gold goes, there is the 28% capital gains tax, and of course, the US government could outlaw the sales or even possession of gold. Everything seems very risky now. And with the communists headed to power, it seems likely to get worse.
@Stevemacleod58
@Stevemacleod58 3 жыл бұрын
Coming for the gold is like coming for the guns.
@koendesmet335
@koendesmet335 3 жыл бұрын
Hand them over the treasure map where they can start digging somewhere in the Carrabean
@clarabartha1737
@clarabartha1737 3 жыл бұрын
Love the way this EB Tucker talks. Sometimes I just want the hard truth, no bullshit.
@Mike34006
@Mike34006 3 жыл бұрын
Eb tucker needs his own youtube channel
@phuckyuu8142
@phuckyuu8142 3 жыл бұрын
I got mugged in a riot and they used pliers to take my gold teeth out does that count
@jvolstad
@jvolstad 3 жыл бұрын
Remember when using a postcard to file your taxes was being discussed?
@lamarravery4094
@lamarravery4094 3 жыл бұрын
I hope Biden changes it back to where it was before. I'm losing out on a lot of deductions, Trump screwed the middle class with that stupid idea.
@techtrektrick3509
@techtrektrick3509 3 жыл бұрын
Great video! Thank you
@pascarey2466
@pascarey2466 3 жыл бұрын
Man, such passion...really pissed off, poor guy.
@sparky17380
@sparky17380 3 жыл бұрын
Just looking at current performance of some tech stocks I think it makes a lot more sense to first confiscate all Tesla cars and iPhones instead of gold 😎
@netsurfers9357
@netsurfers9357 3 жыл бұрын
People are being forced with very little choice, but to dip into their IRA's and 401k's. I believe we are in Daniel's 70th week.
@matoren7490
@matoren7490 3 жыл бұрын
And how do you pay with your gold on the internet? How can you change gold to parts?
@rustyscrapper
@rustyscrapper 3 жыл бұрын
I think they want to go after property too. They just haven't manufactured enough consent to do it yet.
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