Gold Tax--Gov can confiscate your gold..

Yep I reckon with all the crap thats goin on in the world by the socalled capitalist countries and the scaming countries, Old mango bat or god help me the ferret if ellected will impose a gold tax...hope I'm wrong.

So to be smart I thought I'd go out and buy a heap of gold bullion, then found out that there is still an inactive law that allows our government to take your gold--talk about having the bases loaded..thats right they can confiscate your gold..dont worry about tax they just come and take the bloody lot..100% tax..

Geez what happened to the lucky country--might have to join the boat people..free meals-air con-smokes-mobile phones--the list goes on..no wonder the mango bat is starting to smell like a dunny door on a prawn trawler..

regards
oneday

Didn't that happen in some countries during the GFC?? Korea? Or was that voluntary?

However, nothing would surprise me about governments, especially this mob that blow money away like confetti.

But,,,,in order to confiscate your gold, first they need to know if you've got any!!

' nuff said I reckon,,,,,,,by me anyway,,,,,,,,,

and Ray,,,,,,,,,,,,,stop giving pollies ideas. They're better off how they are,,,,,,,,,,,devoid of 'em.

Cat

I would rather flush it down the sh!tter than hand it over to the Modern legal Mafia.
They will have to chop my finger off to get my wedding ring from my lifeless carcas if it ever becomes law again.

The way us Brits sold off our gold reserves was shameful.

But I heard a rumour Italy are about to do the same thing so the poor buggers of 'investors' over there have gone to extreme lengths to 'hide' it.

http://www.bbc.co.uk/news/world-europe-22031699

Cheers Boney.