Ask yourself this question.

[gpond]

Is Bush bold enough to attempt full-scale confiscation of de shiney stuff? Has he acted boldly in other areas?

What if he perceived that it could help him get re-elected?

What if he thought it was his only chance?

[IrishGold]

Huh, I thought the answer was always 7.
Would you repeate the question?

Seriously:
Yes, he is bold enough.
Yes, he has acted boldly in other areas.
Yes, especially if he perceived it would help him get elected.
Yes, especially if he thought it was his only chance

However, I can see no scenario where he would think it would help him get elected, or be his only chance.
The only reason FDR got away with it IMHO, was three reasons.
First, it was a done deal before very many people found out about it, (no TV, no internet, only radio and that was more controled than our tv is now.)
Second, very few of the "common people" owned or used gold.
And last, the country was in a depression so deep that people would agree to just about anything to get them out of it.

Now you're going to ask, "What if we go into a depression just as bad as the early 30's?" My answer is that we are headed into a depression that is worse than then, but we only have 20 months until the election in 2004, time enough to get bad yes, but not time enough to get as bad as it would need to be to make him think it would bolster his chances.

You have to remember, we are a far cry from the citizenry that was raped 70 years ago. We are much better informed, educated, and armed.

Bush is a Texan and as such, knows first hand, the independence of the individual. He also knows how many of us are armed, he was Governor when we passed the Right to Carry law, (which we should not have had to do!).

[gpond]

Good points. Here's another: Think "terrorism" and war on same.

Alls I'm sayin' is that I'll be keeping my head down. Shhhh!

[bigjon]

There are a few of us who are better informed, but if you only rely on the us news media for your information, I'd say you're disinformed.

Most of my friends don't want to hear about the Federal Reserve, The international bankers, etc. They want to live in comfortable IGNORE - nce.

[BarnacleBob]

If there is a confiscation, heres what I would expect:

Physical Gold coins would not be confiscated as they are not a circulated medium of exchange or a legal tender like they were pre 1933.......in fact most gold coins today are legally deemed numismatic......

Most of the gold and silver today is traded in paper. I would expect a possible closing out of this paper gold before a confiscation of physical gold as there is so much more paper gold and silver than physical.

If you terminate the paper gold and silver problem, you have effectively closed the positions!

JMO.........

[gpond]

I hope you are right.

Otherwise I will get busy making Gold Eagle "Necklaces", "Bracelets", and "Beltbuckles", since jewelry seems OK.

[IrishGold]

I'm not even sure that would work unless you melted and cast it into the jewelry itself.

The reason I say this, is because I have a friend that I sail with every Wednesday and he is a retired US Customs Agent. He tells a story of how he was on a flight from San Francisco to Denver and noticed a woman wearing a bracelet with a Mexican gold piece mounted in it. This was back when it was illegal for US citizens to own gold. He confiscated it as illegal contraband and claims he turned it into his superior. I told him he was an a$$ for taking it away from her, a stupid a$$ for turning in, and I was willing to bet it ended up in the personal safe of some Customs Dept. official.

[IrishGold]

gold traded as a comodity back then? In other words, wasn't there "paper gold" even then? I don't know, so this is a serious question.