Friday, October 24, 2008

How long?

In the Great Depression the U.S. government confiscated gold held by private persons. Today, even though the Dow is down about 30% from its historic high, the massed retirement savings of Americans are one of the largest pools of wealth in the history of the world. How long will it be before the U.S. Government takes what is left of that money from us. I predict it will happen in January.

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