what if we are bankstered forever, page-40

Danhoff,

Since you brought this subject up let's see if gold has performed any better through out history as a store of value.

What if you were an Inca at the time that El Conquistadores came to loot your gold and silver? Or a Spanier carrying his gold back to Europe on a Spanish galleon at the time of Sir Francis Drake? Or an Hungarian seeing his gold at his central bank being looted by the Germans during WW2? Or a peasant at the time of the Napoleonic wars seeing the gold and silver artifacts at his church being looted by the invading Napoleon's troops? Or a merchant in feudal Europe forced to pay a tax called seignorage for the privilege of having his precious metals converted into local currency? Or just a tradesman in Europe at the time that his king had the habit of plunging holes in the coins in circulation in order to extract a bit of their precious content? Or an ordinary American at the time that DR signed Executive Order 6102 confiscating their gold at little over $20 an ounce before raising its price soon after for international transactions to $35 an ounce? Or an home owner who after having his house burgled and his gold taken has his claim refused because of a technicality? Or simply a gold bug that had the misfortune of having bough his gold in 1981?

Morality of the story. Holding Gold is not also risk free.

Cheers