General > General Technical Chat
If the shit hit the fan, what would be in your bug out bag?
EEVblog:
--- Quote from: VulcanBB18 on July 28, 2016, 01:35:16 am ---
--- Quote from: TerraHertz on July 26, 2016, 05:46:00 am ---You really should read the actual legislation I linked. The relevant section is not very long, and clear enough.
Yes they can confiscate, and no they wouldn't be paying you anything for it.
--- End quote ---
Okay this piqued my interest, so I read the relevant section.
So you are right - they can take any gold you hold, *if* the governor-general makes a proclamation "...for the protection of the currency or of the public credit of the Commonwealth...". They would have to be some really serious sh!t going down for that to occur, I don't recall any governor-general making even any similar proclamations for anything.
However, they *do* have to pay for you for it. It says in section 43 "...and the Reserve Bank shall pay for the gold, to the person delivering the gold,..." followed up by section 43 making sure they don't pay you 1c/gram :
--- End quote ---
That was my reading of it as well when I read it many years ago. They can't just "confiscate" it without just payment.
The idea behind the law as I understand it is that the government might one day have to take back gold in order to have a gold backed currency again for *insert reason here*.
The odds of that happening are practically zero, and the only other time it's happened in modern history AFAIK is in 1933 in the US:
https://en.wikipedia.org/wiki/Executive_Order_6102
And they paid you a going rate for your gold.
GEuser:
There was one time (and probably more) when they took/confiscated your radio's , aluminum , spare steel and other stuff so Gold would also be nothing unusual .
VulcanBB18:
--- Quote from: GEuser on July 28, 2016, 05:51:46 am ---There was one time (and probably more) when they took/confiscated your radio's , aluminum , spare steel and other stuff so Gold would also be nothing unusual .
--- End quote ---
Cite? I don't recall any compulsory confiscation of any of those items in history except in extreme cases like Nazi Germany....
cheers,
GEuser:
--- Quote from: VulcanBB18 on July 28, 2016, 07:38:33 am ---
--- Quote from: GEuser on July 28, 2016, 05:51:46 am ---There was one time (and probably more) when they took/confiscated your radio's , aluminum , spare steel and other stuff so Gold would also be nothing unusual .
--- End quote ---
Cite? I don't recall any compulsory confiscation of any of those items in history except in extreme cases like Nazi Germany....
cheers,
--- End quote ---
Well you have just mentioned one , that's in history , maybe you had better read a bit more , cite history you got a few years worth of typing , sounds like you want to argue over something .
David Spicer:
If SHTF and you live in a metropolis then:
1) Your next door neighbours, (The nice couple whose kids you mind occasionally) will kill you and steal everything
2) There will be no "Authorities" to steal any stash of something (Gold etc). Bands of armed vigilantes will roam the streets, killing without fear or favour for food, girls, barterables etc. The only safe course will be to join them and look the other way a lot.
4) You won't be able to run from a metropolis or escape in a gyro copter. It will have been "liberated" or just stolen last night.Besides, you probably haven't refuelled it since last joyride.
I could go on. The woodpile report website has various nuggets of genuinely useful advise:
Stay away from crowds
A hungry man has only one problem
Don't be there, you won't get away unless you, a) are lucky b) are young, fit and have SAS type training, c) have a Nine and ammo d) are Tom Cruise
A long way from eevblog threads. So in keeping with the narrative maybe a very good knowledge of Radio, Solar power and Sattelite comms might be handy too. Not a bad idea to brush up on AM transponders.
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