Long Position on Silver and Gold?

[sroz]

Correct.

If a person cannot take physical possession of an item, they do not own it.

I participate in a 401K that a Wall Street firm owns, I just get to look at it and manipulate it. Theoretically I'll be able to draw on it in the future. There is an excellent chance the incoming administration might take a portion or all of it, they just stole 2 elections, what's to stop them from stealing my 401K.

I'll LOL while people tell me "that won't happen because it hasn't happened in the past".

So I take it you are pulling all your assets out of your 401k.....

[whitewalrus]

So I take it you are pulling all your assets out of your 401k.....

And turn it into briefcases of cash or other physical assets. Who says they won?t steal it out of your bank account if you think they will take it from the retirement?

I think they will propose a wealth tax much like CA did. This way they are just taxing it.


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