2 ms·

A "ban" on gold would only achieve multiplying the spot price by ten overnight. It would be the final signal that fiat currencies should be avoided at all costs

• octoberfranklin 6y ago
  ... and incentivize people to smuggle their gold out of the country. International trade is far too large these days to stop gold-smuggling. Look at the great job we're doing with drug smuggling. Most cocaine enters the US hidden in shipping containers.