“… for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Winston Churchill
There are two imperatives that should be pushing you toward switching from dollars to Gold – now.
One, the dollar price of Gold is due for a major rise. I do not use the word ‘major’ without meaning it. The next two to three years will see Gold (and silver) at multiples of what it is now.
Two, it is time to hide as much wealth as you can.
Asset heavy? Sell quickly and switch the dollars to Gold. Do you have an investment property? You will be painted as a greedy speculator pushing honest, hardworking Aussies out of the property market by forcing up prices. Then you will be heavily taxed. Either sell it now, or sell it later when everyone is trying to dump them and prices are collapsing.
For five decades, the problem has been ever-greater regulation of business. Governments have used regulations to crush the life out of small business. Consequently, the cash economy, once not much of an issue in Australia, is now red-hot. The only way for strugglers to survive is to not declare income.
Taxation, way over and above what these already struggling businesses can bear, will soon be upon us.
What is left of the Australian economy will be smashed by the efforts of politicians to further regulate and tax.
Their stupidity knows no bounds.
For goodness sake wake up and look at what is in front of your face.
The government exists to confiscate as much of your wealth as they are able to get away with. All the while they disguise the operation as a ‘do good’ mission.
Men and women have been hiding their wealth in the form of Gold and silver from governments since time immemorial. That is why their hoards are still being dug up.
But hide it now, quickly, before it is too late.