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Comment by thelastgallon | Hacker News Reader

Government can take away all your gold: https://theconversation.com/how-the-us-government-seized-all...

https://en.wikipedia.org/wiki/Executive_Order_6102

> The limitation on gold ownership in the United States was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars, and certificates by an Act of Congress, codified in Pub. L.Tooltip Public Law (United States) 93–373,[1] which went into effect December 31, 1974.

[ibid.]

Sure but it can just as easily be passed again.

The government can do whatever it wants as long as they pass a law and you respect it.

The government has armies so not respecting whatever laws they pass is hard and potentially deadly. In some cases it is worth it, but typically people are better off respecting whatever laws that are put in place.

tell that to the war on drugs. drugs are winning, btw.

Many more drug supporters have died in the war than government agents.

What if you hid it well? How are they going to find it?

"Hi, Costco. We would like to subpoena you for the customer records for every person that bought gold. Note that 'would like to' means 'are going to, and you will comply'. Love, the US Government."

"Hello I'm agent smith from federal agency group, costco said you bought some gold, where is it?"

"lost it"

"Mind if we search your house?"

"i've known you were going to ever since I bought the gold; knock yourself out. Just please don't disturb my antique collection of locked filing cabinets. They're all empty but the keys are in that big pile over there"

You sound overly confident. It's not as if federal agents never had to look for hidden money stashes before...

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