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Thu, 08 Mar 2012 03:00
Why U.S. Gov’t Confiscated Gold in 1933. Can it Happen Again? Part 2
Author: unknown
Date: Thu, 08 Mar 2012 03:00
Date: Thu, 08 Mar 2012 03:00
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We previously stated that gold ownership was made illegal on 1st May 1933. What we did not tell you was that U.S. citizens, under Order 6102, were allowed to own up to $100 in gold coin [+5 ounces]. Today that would be worth under $8,400, a mere token gesture to real gold owners. It acted as a tiny escape valve to the general body of citizens and did not detract from the fact that effective gold ownership was abolished. <p><a href="http://news.goldseek.com/GoldForecaster/1331172000.php">Link</a>
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