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Gold confiscation: myth or reality? E.B. Tucker on government’s gameplan
Gold confiscation: myth or reality? E.B. Tucker on government’s gameplan
ratings:
Length:
28 minutes
Released:
Mar 22, 2021
Format:
Podcast episode
Description
Ray Dalio, co-chief investment officer of Bridgewater Associates, recently wrote that policy makers short on money will likely raise taxes and prevent capital flows into “other assets” like gold and Bitcoin. E.B. Tucker, director of Metalla Royalty and author of “Why Gold, Why Now” said that the government already has the tools to do this.
“Everyone gets this idea that the [government] will raid your house and look for your gold. It’s not necessary. All you have to do is limit the ability to transact gold in the legal market, and then you assess an excise tax,” Tucker said.
“Everyone gets this idea that the [government] will raid your house and look for your gold. It’s not necessary. All you have to do is limit the ability to transact gold in the legal market, and then you assess an excise tax,” Tucker said.
Released:
Mar 22, 2021
Format:
Podcast episode
Titles in the series (100)
What happens if Tesla buys gold? This would be market reaction: Tesla has stated in its latest annual report that the company has updated its investment policy to now include Bitcoin, gold, and “other assets” as possible investments. While this move may move the price of Bitcoin, it would have limited direct effect on gold prices, said Alex Mashinsky, CEO of Celsius Network. by Kitco NEWS Interviews