“If we use Sir Arthur’s logic, when we have eliminated the impossible in this case, what we are left with, however improbable, is that the State’s objective is indeed to achieve what it is achieving – denying the depositor his liberty, whilst implying that there is something inherently wrong with the purchase or sale of precious metals. But what is the benefit to the authorities in doing so? By treating those who buy and sell precious metals in the same way as drug lords are treated, it becomes easy to convince the general public that it was a good thing the metals investors were stopped from doing what they were doing. And that’s the whole point.”
http://www.internationalman.com/global-perspectives/the-shearing-of-the-sheeple
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Peter Schiff Global Investor Newsletter - March 2013