If you have some gold and silver, you may be able to weather the storm.
Unless, of course, the Government confiscates them as it once did gold...they've got alot of ways of controling us all set up and ready to go when the timie comes.
Among the illusions of the all-powerful state is its reputation for infallibility and omnipotence. It turns out to be as foolish as the least intelligent person charged with running anything in the state, and as weak as the least powerful among its apparatchiks.
Certainly in the case of gold confiscation, the reputation is much greater than the reality. By reputation, in 1933, president Franklin Roosevelt demanded the confiscation of all American gold by executive decree. By reputation, it was all confiscated.
In reality, only some 21.9% was confiscated or turned in voluntarily. The rest remained in private hands. Naturally, only a tiny amount of the gold coins in private hands circulated until 31 December 1974 when president Ford ended the confiscation threat, again by executive decree. But, that was as much the consequence of "Gresham's law" as it was the consequence of the threat of confiscation. People naturally kept in private stockpiles gold and silver when the fiat money began to inflate.
A very good review of the actual facts on confiscation is available from my friend James Turk on his site for the Freemarket Gold & Money Report.
http://www.fgmr.com/confiscation.htm (http://www.fgmr.com/confiscation.htm)
I would urge you to read it. In particular, it reviews Alan Greenspan's 1966 essay on the topic. I think these words are still vital, today: [/color]
"The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit."
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"The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."
Today, people who know much more than me about encryption, virtual private networks, onion routing, and digital bearer instruments have developed a number of gold-based alternatives to national currencies. My current thinking is that eCache is one of the best of these. Pecunix, while much less secretive, is very effective. I review some of these on my indomitus.net site and provide tutorials about some aspects of the situation at Vertoro.com.
One of the key advantages of digital warehouse receipts for gold (GoldMoney, Pecunix, e-gold) is that you don't have to store the gold in your home. So, its presence there is not an "attractive nuisance" generating break-ins by burglars or robbers, such as government thugs seeking to enforce a confiscation order. The globalization of the economy means that I can use allocated storage of gold in Zurich to make a payment to a programmer in Panama for services delivered to a client in Germany, all without leaving home.