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Ron Paul: Gold and Bitcoin are at risk of government crackdown (Part 1/2)

Kitco News, Released on 3/30/21

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, former Congressman and host of The Liberty Report, Ron Paul, tells Michelle Makori.

“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

Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career and beyond. He is chairman of the FREE Foundation, founder of the Campaign for Liberty, and distinguished counselor to the Ludwig von Mises Institute. Dr. Paul recently started the Ron Paul Liberty Report, an online broadcast alternative to the mainstream media. Ron’s most recent novel is Swords into Plowshares.

 

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