Hi, Mr. Livingston & Staff:
In his 1987 book, The Triumph Of Gold, Dr. Frantz Pick stated in one chapter that the US Government will climb into every safety deposit box of the US to confiscate our gold and furthermore my conviction is that, if we get into World War 111, all bets are off, because all governments will confiscate gold no matter where it is under a national emergency declaration and there is no way in my opinion to prepare around it. It’s already been stated that the US Congress has a bill of war declaration against both Russia and China and should we believe that such a confrontation between the 3 won’t create World War 111? Should World War 111 break out, what assets will be safe and where? There’s no way in my mind that any assets are safe for anyone under those conditions and how could they be when such corruption controls what happens worldwide?
-Russ from CA. (One Of Our Broke, Fiat Money States)
I have often written that Safety Deposit Boxes are anything but safe. Government rifled through everyone’s Safety Deposit Box during FDR’s banking holiday, stealing gold and other possessions. Don’t keep anything in there of value.
Gold and silver are essential for survival and will be used for trade in a barter economy after the dollar collapses. The thing is, the Feds can’t take what they don’t know you have. Buy it, but keep it secret and keep it safe. One of the advantages of Gold Eagles is they are stamped as US currency. The best survival “money” is pre-1965 US “junk” silver coins. They are 90 percent silver and therefore retain their value as a precious metal. They are also recognized as money by everyone and will be useful for trade and barter when the economy collapses.
I suspect that government will first confiscate the $21 trillion in retirement funds before they worry with gold. All of the gold in circulation in the U.S. will not put a dent in the so-called “national debt.”