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, 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

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[thelightbearer]

Michelle, thank you very much for letting Dr Paul speak and not interrupting.

[petervanwyk]

J.P. Morgan stated in his testimony before Congress in 1912, “Gold is money. Everything else is credit.”

[jeffhaislipmusic]

Legend! We would be in a much better place had we followed DR. Paul's vision

[Eric_Blair]

"Moral bankruptcy bigger deal than the financial bankruptcy". Spot on, Mr Paul, spot on.

[MyTubeUtoo]

*"The government is a threat."* Truer words were never spoken.

[luisgarciab]

BUY PLYSICAL GOLD AND SILVER IN YOUR OWN POSSESSION.

[clauswolfgangmeyer]

Gold and Silver has much more value than the lousy US$!

[tarashihiko]

Thank you for your thoughts. She is a great interviewer. She listens!!!

[momantube]

Dr. Paul, one of the last human beings and real statesman.

[TheReconBEAST]

im here cause dr. paul. love the liberty report. Might start watching kitco news

[umpqua-freedom]

To Ron Paul...Sir you are a champion of the people and a Prince of Truth! God Bless you Sir.

[Neeper]

Imagine how the world might have ended up with him as the leader of the Free World.

[dwightwest]

Ron Paul...Yes, thank you soo much for having him on

[esmeraldadubinin]

Excellent information Ron Paul is right!

[DF-slde]

It wasn’t so long ago that America watched the city of Detroit declare bankruptcy and now we print $4 trillion in cash without batting an eye, strange how that works. Anyone have a crystal ball ?

[mfb]

This country is functioning on fumes. I believe 80% of the population is waiting for something dramatic to bring common sense to our society. In the meanwhile cover yourself with the expectation that nothing with common sense and efficiency is going to happen.

[hangman]

It’s different now!
The gold confiscation in 1933 was a trick and most people didn’t know any better.
Today is a different story!

[topisee]

Wonderful to see Dr. Paul. Thank you! Subscribed. 😊

[aucourant]

They can't crack down on physical gold if you don't hold it in a bank-vault. When they stole people's gold the last time round, they confiscated it from the banks where people were holding it, they didn't go around from door to door looking for it. If they do come looking at your house, there is nothing they can do if you have 'lost it on a train'. In fact, there will be thriving black market for gold, that will push the price even higher.

[preppercoops]

Great to see you again Dr Paul. On fire with sound knowledge. Thank you.