Judge: Family’s $80 million gold coin collection belongs to uncle sam

Discussion in 'Politics' started by Lovebears65, Sep 9, 2012.

  1. Lovebears65
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    Lovebears65 Gold Member

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  2. uscitizen
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    uscitizen Senior Member

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    The law finally caught up with them?
     
  3. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    You mean the Tyranny?

    This just "normalizes" the idea in the public's mind that it's ok for Gov't to confiscate gold. It certainly has for uscitizen.

    As the US Gov't goes farther over the fiscal cliff they'll look to find new ways (as well as revive old ones) to steal money from The People.
     
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  4. JoeB131
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    JoeB131 Diamond Member

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    NOt seeing an issue there. These coins were the property of the US GOvernment and they were ordered to be turned in.

    In all probability, they will get a percentage of the proceeds of the sale of these coins.
     
  5. Jarlaxle
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    Jarlaxle Gold Member

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    Should have melted them down & sold the bullion...or just not said a word about it and just SOLD them.
     
  6. uscitizen
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    uscitizen Senior Member

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    it was a question.
     
  7. uscitizen
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    uscitizen Senior Member

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    I think the treasury was required to pay the holders of the double eagles face value same as when they were supposed to be turned in.
     
  8. C_Clayton_Jones
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    C_Clayton_Jones Diamond Member

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    Likely because there isn’t one.
     
  9. GuyPinestra
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    GuyPinestra Senior Member

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    Wow! Just wow!

    I'm guessing that when the NEW order for gold confiscation comes down the pike that those of you who support this government-sponsored larceny will be lining up to turn in whatever bullion assets you hold today?
     
  10. JoeB131
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    JoeB131 Diamond Member

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    Then they just would have been worth their weight in gold.

    The value comes from what collectors put on them, and the collectors have to get special permits from the govenrment to hold them.
     

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