Thursday, May 20, 2010

Gold Confiscation, by Jason Hommel

More of my readers ask me about confiscation than any other issue. I continue to refer people to my article from 2008, but it's time for an update.

http://silverstockreport.com/2008/confiscation.html

I stand by what I wrote in the past, but there is more to say.

First of all, gold in the hands of the American public has never been confiscated, never can be, and never will be.

confiscate
1. To seize (private property) for the public treasury.
2. To seize by or as if by authority. See Synonyms at appropriate.
adj. (knf-skt, kn-fskt)
1. Seized by a government; appropriated.
2. Having lost property through confiscation. (more)

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