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A comment on Ask HN: How can I prepare for hard economic times?. Parent comment

Re:Ask HN: How can I prepare for hard economic times? by yossarian1408 on Monday March 14, 2022 @06:23AM (#30670624)
Mate they'll go after your gold before they go after your land.
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Re:Ask HN: How can I prepare for hard economic times? by burntoutfire on Monday March 14, 2022 @06:31AM (#30670665)
They can't go after something they don't even know you have.
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Re:Ask HN: How can I prepare for hard economic times? by konha on Monday March 14, 2022 @06:43AM (#30670757)
They can make it illegal to privately hold gold. Wouldn’t be the first time in history. Good luck trading your gold for goods and services under these conditions.
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Re:Ask HN: How can I prepare for hard economic times? by arubania2 on Monday March 14, 2022 @07:13AM (#30670947)
I don’t think outlawing gold would stop the trading. Drugs are also illegal. Also in a crisis such as the one being discussed the laws and the concept of legality doesn’t mean much.

Btw it is estimated that the last time gold was declared illegal, only about 5% of gold owners gave it up.

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