If you own physical gold, don’t panic. If there is a revaluation, there will be controls. But you won’t see 1000 G-men outside your door with new gold detecting sniff dogs. On the other hand, if you stand in front of the White House holding a six-shooter and a sign saying ” Hey Obama, you’ll never take my gold”, well, you are very much mistaken. And they may put that on your gravestone. You’ll last about 10 seconds with that approach. Conduct yourself with moderation, and you, and your gold, will be fine.
If you own gold stocks, it should be the party of the century. With no worries of US Treasury controls on your gold stocks. As gold is revalued skywards.
Sit back and relax. The US Treasury is preparing to do you the world’s biggest favour.