> > "Under current federal law, gold bullion can be confiscated by the federal > government > > in times of national crisis." > > > > > > i wonder if they'll confiscate silver? > > As far as private ownership goes, the total amount of both combined wouldn't even be > a drop in the bucket compared to the currency issued nowadays. Realistically, the > chances are between nill and none. They would simply print more dollars as needed > because there is no longer any metals backing them.
well, if they did get confiscated, obviously the old value of the currency cashbed is irrelevant - they could just reappropriate (artificially modify) the new value of metals.