Kreem, I think it may be a little early for them to confiscate the privately held funds of GLD and SLV - however I would not put it in the category of out of the realm of possibility. Under the guise of saving the banks, they may just well be discussing with CB's around the world the need to confiscate gold in the coming months so that world reserves are large enough to at least feed the people. GLD holds more bullion than some whole countries combined and we truly have no idea what really is at Ft. Knox anymore. It would not surprise me if such a thing did not happen. It is something we can only speculate about. The "leaders" knew for a very long time this current crisis was coming and yet they waited until the nth hour to do something about it, making the country believe we had JUST NOW gotten so bad off. They likely have a similar plan for confiscation. They already know the world wide financial system is in peril of exploding - regardless of bail out plans but they will wait until a Friday night to announce they are confiscating any and all available large G & S reserves in an effort to protect the public. Maybe you could sell your shares every Friday and buy back on Monday - you may give up a few pennies of profit, but at least you would sleep better.