I read further in one of my links
http://jessescrossroadscafe.blogspot.com/2011/10/restricting-gold-and-silver-cash-sales.html
which speculates what I have been hearing elsewhere: this is preliminary to currency devaluation.
which is ONE way to keep the game going for awhile longer.
"this law has the flavor of currency controls to prevent a bank run in preparation for a devaluation.
And given the current nature of their trade deficit, I think it is a bit naive to assume that the US will stand idly by and not participate in this coordinated devaluation as well."
That goes along with what my gut has been saying.
I really need to hear a strong valid argument AGAINST any reason to devalue.
Meanwhile, I wish a garage I could fill with beer, cigs, and other "valuables".
( no, I do not smoke or drink....
)
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