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The best method to safeguard versus financial turbulence is with hard assets like rare-earth elements and also property, but also these are under threat from the government, said former Congressman as well as host of The Freedom Record, Ron Paul.
" The government is a risk," Paul stated. "They will crackdown since they have the ability to do it. We had a preference of [a complimentary society] If you do not know where to begin, just begin with the Constitution, that may offer you a suggestion of what a totally free culture is all about."
Paul kept in mind that this "crackdown" can take the form of tax obligations.
0:00 – Biden's stimulation plan
7:38 – Reserve banks shedding independence?
14:35 – Securing your riches
16:05 – Suppression on gold, Bitcoin
19:43 – Exactly how to combat financial personal bankruptcy
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Ron Paul: Gold and Bitcoin are at risk of government crackdown (Pt. 1/2)
The best way to protect against economic turbulence is with hard assets like precious metals and real estate, but even these are under threat from the government, said former Congressman and host of The Liberty Report, Ron Paul.
“The government is a threat,” Paul said. “They will crackdown because they have the ability to do it. We had a taste of [a free society]. If you don’t know where to start, just start with the Constitution, that might give you an idea of what a free society is all about.”
Paul noted that this “crackdown” could take the form of taxes.
0:00 - Biden's stimulus plan
7:38 - Central banks losing independence?
14:35 - Protecting your wealth
16:05 - Crackdown on gold, Bitcoin
19:43 - How to combat financial bankruptcy
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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