Bob on the Economic Bailout

Actually the government doesn’t bail anybody out. They simply create credit and make it available to those on the inside. Unknown completely to the American people, every “bailout” cost every dollar holder because it dilutes their dollars and the result is reduced purchasing power. They steal trillions of dollars this way and they will finally reduce the middle class in the US to poverty.

There is plenty of precedent and history. It happened in Germany in 1923 and ruined most of the German people. Only those who bought gold and foreign currencies preserved their savings.

Gold Confiscation

I believe that the government could try to confiscate gold at any time. They can make up a reason and the people will believe what they are told. I think that the ETFS were set up to confiscate. This is the perfect scheme for a huge catch of gold for the government to take all at once. Its too tempting when things get really bad with paper money.