Yesterday and today I read more reports about the possibility of banks being able to confiscate accounts especially $10,000.00 and over. I could not find it was from anyone selling gold. Does anyone know more about this or if it includes checking accounts? Since interest rates are so low, I keep larger amounts in certain checking accounts to pay bills for ourselves and family member. Does this mean I have to lower those amounts to protect them from being seized. What has our country come to when we can't trust our banks with our money?? This is very concerning if it is true. Thanks for any info.
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