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News Link • Gold and Silver

Report: Authorities Seize $50 Million In Gold From Private Owner: 'Nearly a Ton'

•, by Mac Slavo
To do so, they are shifting paper assets and digital deposit accounts into tangible goods. One such tangible asset of last resort is gold, believed by many to be the only ‘currency’ that will survive the world-wide debasement of fiat paper currencies like the US Dollar, Japanese Yen and Euro.

But just because you own gold doesn’t mean you’re safe from the prying eyes and thieving hands of the government.

The following report from Italy highlights the growing trend in government confiscations of precious metals, investment assets, and critical resources.
  When one obviously panicked family looking to get out of harms way before contagion spreads and financial Armageddon takes hold attempted to cross into Switzerland, customs agents on the border found much more than they expected.

After questioning the family and inspecting their vehicle police reportedly found one ton of gold hidden in the floor boards.

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