What is silver confiscation?
Silver confiscation primarily refers to government confiscation of silver from the public in general through various means, direct and indirect, which constitutes a legalized form of theft. It is normally designed with the primary aim of stealing that which constitutes real money and replacing it with worthless non-redeemable paper notes in a process which is known as the “paper gimmick.”
Direct forms of silver confiscation historically came in the form of laws passed which made direct confiscation of silver possible such as the confiscation of silver in 1720 in France under the guidance of the legendary John Law. Be sure to read more about it here. On the other hand, the indirect or virtual confiscation of silver goes hand in hand with deliberate attempts by government(s) to severely limit the amount of silver available to the public through indirect means such as the following: Taxes designed to discourage people from investing in or owning silver (e.g. taxes charged on silver sales or silver purchases, etc.), limits on precious metals shipment values (e.g. a maximum amount of silver that can be shipped in terms of its value, etc.), limits on the number of silver dealers (e.g. require license or some form of certification), limits on mint sales, etc.