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House Price Crash forum > Investment > Investment in general
bdon
The US passed a law that made it illegal to hold gold and they took it all back. Will this happen in the UK?


dnd
could do - central banks can do anything they want..
oracle
QUOTE(dnd @ Jun 17 2007, 08:11 PM) [snapback]669303[/snapback]
could do - central banks can do anything they want..


to be fair on the UK,we do have a pretty good record at fair trade.Possible,but less likely than a repeat performance in the states.
LargelyIgnorant
In the past, the UK central bank / government always had plenty of gold and didn't need to confiscate.

If China decides to remonetise gold and/or silver, the UK has so little gold left now Gordenron has sold most of it, confiscation could be possible.
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