Will Gold Be Confiscated Again?

Will Gold Be Confiscated Again?

I t’s clear that government confiscation of gold has occurred throughout history. It’s also clear that the opportunities for future confiscation are much greater today. The government has not done this since 1933. However, if faced with a major crisis, they may do it...
Is It Better To Have Cash or Gold?

Is It Better To Have Cash or Gold?

I n the modern world, people often debate whether cash or gold is the best currency. Some believe that cash is more efficient because it’s not subject to inflation. Others argue that gold is more efficient because it doesn’t corrode and can be stored in a safe place....
Do Banks Buy Gold Coins?

Do Banks Buy Gold Coins?

D o banks buy gold coins? This is a question that has been asked by many people in the past. There are a few reasons why banks might want to buy gold coins. The most common reason is to store the gold in a safe place. Another reason for banks to buy gold coins is to...
The Best Ways to Hold Gold

The Best Ways to Hold Gold

Y ou’ve decided to buy gold. Maybe you have heard about the investment potential of gold and want to get in on it. Or maybe you just want to be prepared for an economic collapse or disaster, such as a currency crisis or a financial meltdown. Whatever your reason, if...
Was Owning Gold Ever Illegal?

Was Owning Gold Ever Illegal?

Was Owning Gold Illegal in the United States? T he United States government passed the Gold Reserve Act of 1934, which made it illegal for Americans to own gold. The act was mainly in reaction to the Great Depression and the people who were hoarding gold as a way to...
How Much Gold Can A U.S. Citizen Own?

How Much Gold Can A U.S. Citizen Own?

T he question of how much gold a US citizen can own is one that has been hotly debated for years. The debate began in 2010 when the IRS ruled that Americans could only own up to $500,000 worth of gold per person, per year. This created an uproar and many people were...