Great Moments in Exec. history- 4/5/33 – Private ownership of gold >100 $ outlawed

Trajan

conscientia mille testes
Jun 17, 2010
29,048
5,463
48
The Bay Area Soviet
man were those the days or what?................( yes I missed yesterday sue me;))

With the just a signature, there goes a private citizens right to hold gold coins or certificates above the estimated window price of $100 in value. (Roosevelt- exec. order 6102)

I posted this just as a winsome what if, as in what if an exec. order this all encompassing and invasive, was executed in this era?


short primer-
http://en.wikipedia.org/wiki/Executive_Order_6102
 

Goldfinger changed everything!


goldfinger1.jpg
 
I don't own physical gold. However, I have owned ETFs with gold and silver domiciled outside of the United States.

I've thought about buying bars of gold and sticking them in a safety deposit box in Canada. I chose not to for a number of reasons. And I think that the odds of gold being expropriated is very small. But I have thought about it.
 

New Topics

Forum List

Back
Top