Some of you noticed a correlation between rising physical metal demand and new gun sales. TPS believes this is by no means coincidence and this trend will continue. Today I want to focus on a issue on the minds of every person who practices independence and frowns upon a bigger overreaching government. We will address the odds of gun and gold confiscation and why I feel one asset has a greater possibility of confiscation than the other. Regardless, thanks for joining us today and feel free to share your take on such an important issue.
TPS readers own both gold/silver and guns. Most view firearm limitations as an intrusion of liberty and realize those who truly wish to harm others will find a way regardless the list of legal guns. I don’t wish to turn today’s post into a gun debate, there are plenty of sites who will accommodate such debate with far more constitutional knowledge than this writer.
My goal today is to justify why the odds of gun confiscation grows with each passing day yet decreases for gold or silver. This may sound odd but the very government soon to confiscate guns across America really couldn’t care less that you own weapons.
This leads us to ask why then do I feel such a confiscation of guns as imminent? I’m glad you asked.
Many decades ago something changed in America. We went from a self sufficient society to one reliant on government. Our future handed over to programs like Social Security, our health to Medicare, and now our health care industry to politicians.
No longer do we have to rely on ourselves for food, shelter, water or clean air. We now have a government agency to “look after” our best interest in every aspect of our life. Hurricane hits, here comes FEMA. School shooting, here comes the FBI. But something unexpected came along with government protection; blame.
Americans now blame the government for today’s violent shootings taking place across the land. These same folks now demand government do something to end such horrible violence, almost as if it’s expected.
But government has no finesse. Government is a hammer used as a fly swat. This is why the bloodshed of first grade students will ultimately lead to such an outcry that government will quickly react if for no other reason than to squelch the outcry.
Some folks living in the USA are a generation or more removed from the power of our second amendment rights. They don’t own guns, they don’t understand guns, and worst yet they view guns as the problem. These same folks are in much need of a history lesson but few want to hear anything but an emotional solution to a complex problem.
The fact is as follows. The best hands to protect our children are the very hands in jeopardy of losing their gun rights.
What about silver & gold?
This same societal imbalance make silver and gold irrelevant today. So-called safety net programs grow so large not all the gold privately held in America can make a monetary dent. Honestly, the giant we call government outgrew silver and gold long ago.
The odds of gold confiscation are extremely limited. Remember, we now have a reactionary minded government that only slams the hammer down when motivated by the emotions of the people. Right now, no one is crying out for the government to do something about the evil PM holders.
The power to print currency is the largest weapon in the world. This power is far more destructive than all weapons and yet more misunderstood than the human brain. Why spend time, lives, and effort to confiscate hunks of silver or gold when a central bank can digitally create a millions times its value in currency.
We live in a complex world in a trying time. Maybe this is why each person reading today should discretely own both the assets discussed today.
COMMENT: Hello, I have been following The Prospector Site and enjoyed your last post on true silver concerns.
I thought you may be interested in our recent piece “What Can 1 Ounce of Gold Buy“. This piece takes a visual dive on all of the things you could buy with an ounce of gold, ranging from Al Capone’s tax evasions, to the original island of Manhattan. Please feel free to contact me with any questions you might have.
TPS Reply: Very cool, I’ll pass it along.
QUESTION: Why over the last two years are metal prices dropping at year’s end? Also, what’s your opinion on using a credit card to buy silver? Thanks.
TPS Reply: Great question. The paper silver and gold market continues to provide buying opportunities for those that can look past temporary volatility. The paper PM markets have proven, once again, unregulated manipulation is what paper investors should expect. Soon physical metal will separate itself from paper and the difference will be in the form of rising premiums. My advice, do what I do and add you your PM stack while the discounting continues. Thanks.
Oh, the credit card part of the question. CCs are great for those looking for a temporary line of credit. Most PM brokers will pass CC fees to the buyer but the discount could be worth it. Try not to carry the balance any longer than necessary.
DC Carlton is the founder of The Prospector Site and author of Why Silver and Gold Will Go Higher. Feel free to register here for his free online newsletter that provides precious metal insight rarely mentioned from mainstream media sources