Can the government confiscate your gold? E.B. Tucker on 'the war against your wealth'

By David Lin - Kitco News

Ray Dalio, co-chief investment officer of Bridgewater Associates, recently wrote that policymakers 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.

By David Lin - Kitco News