Paranoia from having purchased precious metals.
Submitted by an_eddie on Tue, 02/28/2012 - 05:08I started following Peter Schiff after hearing of Ron Paul back in 2008. Now i'm paranoid/worried of government confiscation.
Actually, I was perfectly confident until I randomly came across this link (while I was searching for information related to transporting gold across state lines).
http://www.helpfreetheearth.com/news386_schiff.html
Please, what are your thoughts on this article. Please tell me it's a hoax. Please tell me this article is a complete and utter fraud/lie.
Paranoid in Seattle
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My thoughts about this story: It's pure trash.
Strange that this ridiculous story omits the fact the Peter Schiff's father Erwin has been rotting in jail for the last 8 years at 84 years old.. Why would they omit that important information? I wonder.
Who wants to end the Fed as much as Ron Paul?
Answer: Peter Schiff and Jim Rogers.
I would partially agree with you about this Perth Mint. No government can be trusted. If anyone buys precious metal, physical possession is required...take delivery. Put it somewhere safe, and have guns around ready to go should they be needed.
You should have peace of mind that you are out of the fiat currency system. Be happy, not paranoid.
NEVER trust the gov't
They are practicing tyranny. We are living proof: We were recently "processed" by US Marshalls; detained, printed, photo'd and informed our 2nd amendment rights were revoked as well as our right to travel. WHat haneous crime did we allegedly commit? We are accused of failing to file a tax return. No trial til October. In the mean time they are entering and searching my home without a warrent when ever they feel like it. Scaring my little boys...
What the hell country(nightmare) am I in?
A patriot must always be prepared to defend his country from his government.
garbage hit piece.
garbage hit piece.
My Thoughts
Schiff has said several times on his radio show that while he has a Jacob Schiff in his lineage (I think it's his grandfather but can't say for sure). However it's not THAT Jacob Schiff.
As for his dad not being Irwin Schiff, that's absolutely comical. Once I read that, I was ready to dismiss that entire article (as if the Jacob Schiff thing wasn't bad enough!)
As for gold confiscation in Australia, anything is possible. I don't think anyone knows what's going to happen in this or any country. There does seem to be a worldwide recession and/or depression occurring. It's certainly possible that none of the "old rules" will apply going forward. I think you've got to decide based on your own gut feeling. Maybe spread around your assets into some physical precious metals, some foreign stocks, some Perth Mint, etc.
But again, that's ultimately for each of us to decide, keeping in mind that there are no guarantees.
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Stupid article claims Schiff's grandfather is time traveller.
Coincidentally I planned a meeting 100 years before I was born with all the ladies of moulin rouge in Paris. I plan to arrive fashionably late. I wonder if Jacob Schiff was on time for his meeting?
Nice trick to let me click
Nice trick to let me click that stupid link.
You sure do look like a troll.
Fret not. Two words, if the
Fret not. Two words, if the government ever tries to confiscate your gold:
CIVIL DISOBEDIENCE...
They are already confiscating your fiat currency bit by bit... there is nothing you can do about that. But there is certainly something you can do if they try to confiscate your gold.
With the NDAA, Obama can kill you or cart you off to an...
internment camp and you are worried about them confiscating your gold(!!!)
Look, there is no security in this world; that's why I invest in three precious metals, gold, silver and lead. Guess what the lead is for.
In the old Soviet Union
if you were suspected of having gold they tossed you into an internment camp until you coughed it up - whether you had any or not. Kinda like Saddam and his WMDs.
Leges sine moribus vanae
Hold overseas too.
If you have a self-directed IRA you can hold physical overseas, in countries not in cahoots with USA gov. ex. Austria, Nicaragua, Singapore.
name of the game is diversification. Don't want to keep all buried in one location.
If you can't touch it, you do NOT hold it.
Yes, you can HOPE that those entities will honor your title claims if you expatriate or visit there.
But in a crises, the only thing you can count on is that which you can see, hear, taste, smell, and touch. Promises on paper are non-existent.
Experience seems to settle
That paper is not metal,
And promises of payment
Are neither food nor raiment ;
--Thomas Love Peacock, 1875
Leges sine moribus vanae
When they 'confiscated'
gold in the 30's they didn't come door-to-door. They asked people to turn it in, and approx. 25% of people complied.
If it comes to it - have a length of PVC pipe and end caps ready to go. Bury it, and you don't know nothin' 'bout no gold.
When a true genius appears in the world, you may know him by this sign: that the dunces are all in confederacy against him. ~J. Swift
My gold?
Sold that awhile ago. Along with all my firearms and ammo. I do have some cat turds I found out back, if you'd like them.
Hi Betty
Did you check out my youtube link?
Leges sine moribus vanae
Betty liberty
Being in my late fifties .I started listening to Paul many years ago about fiat money.Those that heard will be fine.
One only has to look at what Ron Paul has invested in.
Well, one way you can tell
Well, one way you can tell the article's writer certainly didn't research the facts all that well, "As hard as he tries to deny it, Peter Schiff's great grandfather was Jacob Schiff (1847-1920)." Ok, so they established when Peter Schiff's great-grandfather lived, but the very next paragraph they say, In 1773, Mayer Amschel Rothschild and Jacob Schiff..." Now they are saying that Jacob Schiff was doing gold-smithing 64 years before he was even born, according to their own reporting. Something is obviously amiss with these individuals; whomever wrote the article.
If Peter Schiff has anything to do with the Rothschilds or not, it doesn't matter now, because these individuals just lost their credibility by not being able to keep the time-line straight; therefore all of their facts must be suspect.
You would need multiple sources to confirm the Schiff-Rothschild connection.
But, it is important for all to know this; in 1812 when Mayer Rothschild died, his family was said to be the owners of half of the world's wealth. From that time forward, the Rothschilds did something with that money. Do they own an exorbitant amount of gold, which you will be buying off of them; I'm sure they do. However, the odds are great that no matter what you buy, the Rothschilds are making money off of it. Though, it is better they have worthless FRNs then Gold, Silver, other metals, Land, etc.
Furthermore, the government can only confiscate that which they can track. If you want to buy Gold, or really anything, you don't have to go through one of those Gold Selling places like Goldline, which track every sale; especially since you will only be buying small quantities of Gold at a time. Pawn Shops, Coin Stores, and there are other establishments which you could buy gold from which will not track you.
Good Catch.
Additionally, the author fails to explain or verify this statement:
"The misguided souls that he has captured will be shocked to learn that the present ‘gold rush’ is the END GAME of the international banksters."
Sounds like the pot calling the kettle black. How is it he (and ostensibly Schiff) has "inside" bankster info?
A shaky site. I wouldn't give it much credence.
Undo what Wilson did
I thought about the bankers
I thought about the bankers doing pretty much exactly what that article was describing, about ten years ago. Recently I read a book by George Armstrong titled "Rothschild Money Trust" from 1940, it pretty much states the very same thing with evidence to support the claim; it is quite amazing -especially since there was more than just one man and one book dealing with the evils of the FED back then, and the fact that we still have the FED today.
However, the fact remains; everything we buy today the Global Banking Cartel make money from it, so I would rather buy Gold and Silver, and such and hand those crooked bastards worthless FRNs.
The only way to actually prevent the Global Banking Cartel from making money off of what you do is to only trade goods that one has made from the natural resources on their own property(land), for other property which was made or taken care of, in the case of animals, by a private individual with natural resources on their property(land). In this fashion one would be operating outside of the Global Banking Cartel's influence, and therefore they wouldn't be making any money on those kinds of transactions. Only in this fashion could we return to fiscal sanity while at the same time reversing the flow of wealth from the Global Banking Cartel to the people; because they would still have to buy food and such so they would have to use their Gold, Silver, and other assets as payment for the services which they have become dependent on.
Why be paranoid? Be happy you have some!
Gold is a commodity, like food, water, guns, bullets, and toilet paper are commodities. Diversification is the key to preparedness, so make sure that you are.
Exactly
Diversify into other metals as well, brass and lead. Don't just rely on one caliber either.
In the heat of battle you don't want the complexity of multiple
calibers. You want every round to fit in any mag and fire from any gun as much as possible.
You also want the "feel" of taking the shot to be as expected and natural as possible, which requires lots of practice with the SAME caliber and the same arms.
There used to be old school thought on multiple calibers for different purposes, and that holds true - say for a hunter.
It does not hold true for someone trying to preserve Life, Liberty, and Property especially if that isn't something you do every day.
You could open a GOLDMONEY account and
buy some gold stocks and/or a gold mutual fund and so far my understanding is those are not up for confiscation. Just an idea....or here's a better one:
Invest in Barbie dolls; I met someone who has 6000 barbie dolls. She has them insured and soe are worth thousands.
SequoiaTrees4RonPaul
Stop listening to investors and become a wise purchaser
If you do something because someone told you to, you will always be at risk for wanting to do the opposite when someone tells you the opposite.
I do not "invest" in PMs. I buy silver when I can, and I know how to make medicine from it among other things. My silver is like my beans and rice - a hedge against hard times.
I don't understand the value of gold, don't know how to do anything with it but make jewelry and I don't wear jewelry, except on very rare occasions. If I was "invested" in gold I would have to follow the advice of others. Instead, I learned about silver, and I learned of all the amazing things I can use it for, so now I buy a bit of silver now and then.
BONUS! They can't make a bomb out of the silver I own.
Ron Paul supports a new 9-11 investigation.
http://www.youtube.com/watch?v=fH9nOWnp5G0
"BONUS! They can't make a bomb out of the silver I own."
love it!
I have to agree here with the
I have to agree here with the buy silver part. I dont get everyone's obsession with gold when silver is just as good and is alot less likely to be confiscated. Plus silver is a bit easier to do stuff with because you dont need a tiny spec just to buy something with it. Another up side is that you can buy more of it instead of having to save up a ton of money just for a few ounces.
Unlikely but possible, just be sure to...
...diversify. Don't bet everything on one investment. You don't know the future and do not have control of the authorities actions, not to mention the market's.
Big bets based on 'certainty' are the #1 reason why investors get creamed, not crashing stock markets.
Paranoid in Seattle
Aloha from Hawaii
Anyone telling you to sell gold is a moron
The whole site sucks if you ask me
For more info check out
http://kingworldnews.com/kingworldnews/King_World_News.html
http://www.tfmetalsreport.com/
http://harveyorgan.blogspot.com/
Why worry? Dig a hole in
Why worry? Dig a hole in the yard if you are paranoid. Just don't let your neighbors see you do it.
RON PAUL 2012 * Restore America * Bring The Troops Home
http://www.texasuncensored.blogspot.com