considering that the price of Gold will subsequently become mutually managed by the collective will of our banking community for the good of preserving and stabilizing trade exchange and value between nations. The unfortunate use of the word "confiscation" is a misnomer in my opinion and it has been over used by those who fear government with an eye to accumulating reserves. Simple trading bans and offers to purchase from private holders are sufficient to achieve the goal of acquisition without causing alarm. This is not a forced move but an offer to exchange where no other reasonable offers exist. I also believe we are evolving towards a hybrid system of currency valuation and that all the major players including China will play a role in the development of this new regime. Gold has a keystone position in the new heirarchy and so it will not be overlooked. Take note though that these activities we are witnessing where Central Bank acquisitions are concerned are quite outside the needs of the individual who pursues Gold for personal or speculative purposes and therefore the collective needs of the global community of nations will take precedence over the private desire of individuals. Put more simply, Gold is heading back to the vaults of nations and its use in private transactions will therefore be diminished if not eliminated altogether. That is why Jim is wrong and it is why the inevitability of Gold "confiscation" is assured. Besides making a lot meaningless noise you have