Ninjastic
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Board Economics
Re: How are you for Preparing Aug 12 if the Market Collaps
by
tvbcof
on 30/07/2011, 18:03:30 UTC
Quote from: antares on July 30, 2011, 02:43:33 PM
Quote from: LeonGeeste on July 28, 2011, 08:52:20 PM
Quote from: timmey on July 28, 2011, 10:05:06 AM
Quote from: Possum on July 28, 2011, 09:33:02 AM
How will you keep your money safe..
Buy goods, yachts, sports cars, paintings, land, jewellery and watches....before the dollar crashes.

Some of those work, but highly-visible, bulky things are not going to be safe.  If they're not outright seized, they'll be taxed to death ... and they know you have them.

Best option is gold coins ... easy to conceal, and easy to redeem for its previous purchasing power when the shizzle hits the fan.

until private possession of gold is going to get forbidden again!

Not sure about being forbidden.  Even 'registration' may prove problematic as a lionshare of it is likely held by a class of citizens who would not care much for that.  What I do think is fairly likely is that movements of PMs would probably be scrutinized, controlled, and taxed.  And capital controls will keep it in the borders (or at least the fraction of it which is in the hands of the plebs.)

But how on earth would that be achieved?  I think the infrastructure is being put in place for a while now:

http://www.popsci.com/technology/article/2010-11/scanners-coming-trains-subways-and-boats-homeland-security-chief-says