Comments on: Rumour of Gold buying restrictions

By: Neil

Neil — Tue, 04 Oct 2011 07:22:28 +0000

http://www.zerohedge.com/news/cmes-150-hike-gold-collateral-just-ploy-increase-amount-legally-confiscatable-gold

By: Guido

Guido — Mon, 03 Oct 2011 16:00:48 +0000

MOre evidence…

http://jessescrossroadscafe.blogspot.com/2011/10/restricting-gold-and-silver-cash-sales.html

By: Les

Les — Thu, 29 Sep 2011 21:50:21 +0000

When central banks have finally destroyed their fiat currencies it’s only a matter of time before governments come after physical gold. After all it will be a prelude to the establishment of a new gold standard.

Well if they want mine they’ll have to prise it from my cold dead hands*.

* With apologies to cold dead Charlton Heston

BTW: If you are a UK resident there is no capital gains tax on Brittania coins as they are considered legal tender (the 1 oz has a face value of £100).

By: Al coughlan

Al coughlan — Thu, 29 Sep 2011 17:19:27 +0000

This reads like something from a movie. I come here to get my news now as I have so little respect for many elements of the mainstream media. Here in Ireland we are being told that our economy has just grown by 1.6%. This has to be a a lie. Unemployment is still rising and people are fleeing the country.
After reading the Debt generation I am convinced that the the financial sector has decoupled from the real economy.

By: Jim M.

Jim M. — Thu, 29 Sep 2011 14:38:17 +0000

Completely off-topic, but an interesting view expressed here by a guy with a top beard! 🙂 (and I mean… TOP!)

http://exceptionmag.com/beliefs/perspectives/0002212/economic-collapse-without-salvation

By: meh

meh — Thu, 29 Sep 2011 13:01:30 +0000

As good ole’ Carl Sagan said, “Extraordinary claims require extraordinary evidence.”

If anything Austrian banks would want to sell more gold as they earn a big fat commission off of each sale.

By: richard in norway

richard in norway — Thu, 29 Sep 2011 09:41:33 +0000

I think I’m going to invest in a metal detector

Go long metal detectors!!!

By: SidFinster

SidFinster — Thu, 29 Sep 2011 08:55:10 +0000

I don’t think most of the readers of sheets like “Sovereign Investor” are wealthy, any more than are most other conspiracy theorists.

Goldbugs are forever talking about secret regulations like the alleged “Austrian gold restriction.”

By: richard in norway

richard in norway — Thu, 29 Sep 2011 08:47:18 +0000

In reply to The Dork of Cork. The Hungarian govt also seized the pension funds to pay off the debt. I'm surprised this sort of thing does not make more headlines

By: keekster

keekster — Thu, 29 Sep 2011 08:10:30 +0000

Is this not a case of trying to prevent the crash of fiat currency by preventing people from moving to hard currency. It would be difficult to change this in the UK as gold is legal tender, but in a crisis you never know. Must keep an eye on the situation.