GP, "The point is however, the government insisted on BUYING it from you, and it was NOT banned outright, just restrictions on ownership." The US Constitution contains a very similar clause to ours, in fact we copied it. It mandates that the US government CAN confiscate private property, with "Fair Compensation" I think are the words, ours says "on just terms". OC
My strategy (for what its worth), is 1oz gold bars(carded with certificates only, either pamp or PM) and 1kg silver bars (again Pamp or PM) for my long term storage. 10oz bars and 1oz coins are for my stack at home to trade with, play with etc. Also easy to shift for quick cash.
GP, I haven't. Australian films are CRAP! The last one to make a profit (after allowing for taxpayers money) I believe was 'Sunday Bloody Sunday'. ...and the last time laughed at an Australian comedian was about 1948! Roy Rene, I think it was! OC
Two points Yippie First, we already have that law on the books - in 1976(?), the Governor-General just suspended it. The suspension can be reversed by another proclamation by the GG, upon the advice of his council (the PM and her little mates) in the blink of an eye. And gold ownership by Australian citizens would be illegal again. "Hand it over at our price" Second. Elect a libertarian government - YAY!!!! But where the hell do we find it?????? Every time I turn around, there's some public master telling me I can't do something!!! Or I must fill in this form, pay an "administration fee" and wait for someone in Canberra to make a decision!!!
+ 1 mate - good to see somebody around here "gets it"... anyway - have a look around here: http://www.ldp.org.au/ Their policies are brilliant - which probably explains why most of the sheeple have never heard of them or couldnt give a toss!
Dude~Now youv'e lost me'remember I only have a 4 cylinder brain I thought Peters Advice was very solid and great for someone starting out Must get my reading glasses out RB~Singing-Because I Didn't Seeeeee That the joke was on Meeeee