Did the G-8 push us closer to Gold Confiscation?

"The meeting this weekend of the G-8 did not convince observers that governments are going to resolve the global economic crisis, nor send it firmly on the road to recovery. Yes, deficits will be reduced, but growth will suffer badly. Europe will affect the U.S. economy. With the velocity of money slowing and the M3 money supply shrinking, we are now alarmed at the probable crises that are on the horizon, because of this incomplete performance of politicians. It may well be that we have taken a step towards confiscation of gold. How many more steps are there before this happens? Will they too, be taken?"