• 7:17 - 9:03
We Are Already On A Global Financial Collapse - Warns Respected Economist
Gold Confiscation History, Market Destruction Strategies
The 1933 gold confiscation is contrasted with modern government strategies, suggesting that officials today are more likely to destroy the market than seize physical assets from the small percentage of owners. Unscrupulous dealers selling overpriced "collectible" or "shipwreck" gold are identified as a tool for regulators to discredit the entire industry. Maintaining physical bullion is presented as a way to bypass the fractional reserve banking system.