Gold Secrets

Wealth confiscation is coming. There's little doubt about that. Taxes are already oppressive, yet most states are still running deficits. There is also a push for "intellectual" support for increased deficit spending. Modern Monetary Theory is coming, and with it comes wholesale confiscation of savings. Everyone will be part owner of some government project, and no one will own much of productive capacity. We will all be part owners of bridges, war planes, and various social projects.

With all wealth registered in central databases, be it bank accounts or registry offices, the state has easy access to all wealth. Anyone who doesn't pay their fair share of taxes will simply get their wealth confiscated by the state. Tax collectors need not leave their offices. They can make the confiscations by issuing a few simple commands on their computers.

Shares, bonds, real-estate. It's all centrally registered and easy to get at. The same is true for any derivative or paper claim to a commodity. However, physical possession of a highly mobile commodity would be close to impossible to confiscate. Imagine someone holding most of their wealth in physical gold. How on Earth is the tax man going to get hold of that?

If the gold is held in a bank box, the solution is simple. The state can issue a decree in which every bank box has to be opened, and all content registered and declared. Two armed guards show up at the bank. Every bank box is then either opened by the owner or forced open by the state authority.

Bank boxes are in other words not the right place to hide our gold.

Luckily for us, gold is very dense. A lot of wealth is packed into a small volume. It is therefore very easy to hide. Furthermore, gold does not smell, nor does it reveal itself differently from other metals when searched for by metal detectors. It can therefore be easily hidden. Even a small apartment will easily serve as a great hiding place. Spread the gold out among trusted family members makes it even more difficult to find.

Government officials used to the convenience of confiscations through computer commands will find it very strange to have to go through every sock drawer, cupboard and book shelf in a house in the hope of finding gold assumed to be in the hands of a tax evader. More likely than not, this will never happen.

For thieves to find the gold, they must somehow be informed of its existence and its proximate location. Otherwise, they would have to go through entire neighborhoods in the hope to find gold. This too is extremely unlikely to happen. Thieves will steal our TV, our PC, and our computer tablets. They may steal our silverware and other things too. But they won't dig into the special hiding spot where we keep our gold. They simply don't have the time to go through the entire house in the off chance that we may have some gold coins stored somewhere.

The trick to avoid the coming wealth confiscation currently planned by the tax authorities and central banks is to own gold. Keep it in a secret location, tell one or two trusted family members about it. Otherwise, keep it a secret. Don't act conspicuously wealthy.

Being a little ahead of the curve, I have already gone through these moves, and I have saved myself a considerable amount through the tax evasion afforded to me through my possession of gold. The gold is hidden in safe places outside the banking system. It is impossible to find by anyone not initiated into where it is located. The tax authorities may arrest me and put me in jail, but they will never find the gold.

Gold keeps its value well. It does not age or tarnish. It does not become obsolete. It will always shine and it will always be coveted as jewelry and a symbol of wealth. In times when the state starts confiscating wealth, its value increases as it becomes the only safe haven. I know this from experience, and I'm sure an increasing number of people will realize this as we slide towards totalitarianism. Gold outside the system will not only be safe, it will appreciate in value as well. Gold will soon be the best performing asset class due to its unique feature as a safe haven from government confiscation.