by Michael S. Rozeff at October 20, 2008 11:47 AM

People query me on these subjects quite often. My opinions follow. Price controls come with socialization (as with Medicare.) As finance socializes, there will be more controls. They begin with demanding reports from those regulated and then escalate. I think we'll see more controls of all sorts in the next administration and going forward. But it depends a lot on who's advising Obama.

Forget the amero for now. Canada loses. The U.S. doesn't gain. Only Mexico gains big. The timing for this is impossible now, anyway.

Gold won't be confiscated again. That was done in 1932 because the country went off the gold standard. No need for it today. Paulson could simply stop all gold trading in the U.S. if he wanted to. If that were done, the rest of the world would see it as a negative and pursue gold even more while abandoning the dollar. Americans would then turn their dollars into other real assets (such as land and other metals) and inflation would accelerate. Price controls would be necessary, and that is more likely in an inflation than singling out gold.

A sharp rise in gold will occur when traders foresee another sharp rise in prices (i.e., dollar depreciation.) Lincoln tried to suppress gold trading altogether in 1864 to stop the rise in gold prices. Gold instead rose even more sharply, and the legislation was rescinded in two weeks. He failed.

I don't know that I agree, Bush, by orders of his globalist handlers, has pushed hard to get this NAU ready for implementation.

The minute he started signing things without congressional oversight, to blend us with foriegn interests, he should have been impeached and tried for treason against the Republic, but the Globalists are thick on both sides of the fake left/right...

I don't know that I agree, Bush, by orders of his globalist handlers, has pushed hard to get this NAU ready for implementation.

The minute he started signing things without congressional oversight, to blend us with foriegn interests, he should have been impeached and tried for treason against the Republic, but the Globalists are thick on both sides of the fake left/right...

Zeitgeist anyone?

I am left incredulous by Bush's actions, and the American public's apathy. He's not months away from eviction and he's still signing documents without consulting anyone. A Czar of anti-piracy?!

Oh any by the way, your currency is worth nothing. It used to say "redeemable in gold" on the bottom of American notes, now it says "legal tender", which grants you no rights.