Will gold and silver be confiscated?
Why did the United States Government confiscate gold and silver in the 1930’s?
Smaulgld on Kennedy Financial
Earlier this week, I had the opportunity to be a guest on the Kennedy Financial Channel with John and Phil Kennedy. We discussed the following topics:
1. Real Estate – pending home sales, new home sale and the lagging home ownership rate.
2. Gold The Shanghai Gold Exchange, Goldmoney, the Utah Precious Metals Association and the new Texas bullion depository are discussed. Eastern physical gold demand vs. western gold demand.
3. The Price of Silver and Mining Stocks
4. The Booming D.C. (government) Economy
5. Potential market trigggers for a major stock market correction.
6. The Gold Silver Ratio – is there a natural ratio that will eventually return?
7. Gold and Silver Confiscation – The gold confiscation of 1933 and silver confiscation of 1934 are discussed. What is different today?
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