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After the theft of up to 40% of deposit accounts in Cyprus, a move that was approved and applauded by EU finance ministers, many Europeans who understand that the government will soon be coming for their savings as well are rapidly moving to extricate themselves from the global banking cartel. To do so, they are shifting paper assets and digital deposit accounts into tangible goods. One such tangible asset of last resort is gold, believed by many to be the only currency that will survive the world-wide debasement of fiat paper currencies like the US Dollar, Japanese Yen and Euro.
But just because you own gold doesnt mean youre safe from the prying eyes and thieving hands of the government.
When one obviously panicked family looking to get out of harms way before contagion spreads and financial Armageddon takes hold attempted to cross into Switzerland, customs agents on the border found much more than they expected.
After questioning the family and inspecting their vehicle police reportedly found one ton of gold hidden in the floor boards.
The nearly $50 million in gold was promptly seized by authorities.
But because taking ones life savings is never enough for government goons whose job is to consider anyone with a pulse a criminal suspect or terrorist, the former owner of the gold is now being investigated by police for money laundering.
Police officers got the surprise of their lives when they found a treasure trove of gold bars hidden in a car at a border crossing with Switzerland. They haul weighed a ton
The car belonged to an Italian family that lived in Switzerland.