Comment: The one time in history that

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The one time in history that

The one time in history that metal was confiscated, 1933. At that time gold WAS MONEY. The government had massive debts both foreign and domestic. The confiscation of gold was a tax. there was a shortage of gold to make good on all the outstanding gold notes. The payment of the foreign notes was paramount, and a bailout of the Federal reserve. Gold was ultimately what was owed for all the paper notes. Hence they confiscated gold. Just as when you make your tax payment each year, they are confiscating FRN's.

Currently they have no reason to confiscate metals, they don't have debts in which they owe metal. Currently it is FRN notes they would likely confiscate, but they can make those...

"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence