Friday, April 05, 2024 3:02:19 PM
If I were a foreign country with repatriated gold held in the U.S. now, I would be VERY nervous about ever seeing it again. I wouldn't trust them to give it back to me as far as I could pick-up Janet Felon's fat-ass and throw her. All the government has to do is claim they don't like your policies and confiscate your gold in a fashion similar to how they have weaponized the dollar. As crazy as that may sound, IMO it could happen if a fiat debt bubble bursts and faith is totally lost in fiat.
Even if the world should move back to some sort of gold-backed currency that would drive the physical gold price through the roof and as we all know, HE WHO HOLDS THE PHYSICAL GOLD IS THE OWNER OF IT.
It wouldn't surprise me in the least if repariated gold held here would stay here.
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