Posted Jun 2, 2012 by Martin Armstrong
Gold seems to be the only sure hedge given the rise in aggressiveness of government. Bank accounts can always be seized.
Don’t forget, whatever gold there was in banks they took in 1933. Not what you had at home. They are shutting off all foreign bank accounts. Little by little they are closing every avenue for capital. So the physical is the safest bet at this time given the posture of government.
Nonetheless, it appears that until 2015.75 at least, gold is still a tradable instrument. There is no need at this time to withdraw from the markets. That day may never come. We will have to monitor government’s aggressive posture very carefully over the next few years.