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Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order, in conjunction with the statute under which it was issued, was to criminalize the possession of monetary gold by any individual, partnership, association or corporation
The United States Gold Reserve Act of January 30, 1934 required that all gold and gold certificates held by the Federal Reserve be surrendered and vested in the sole title of the United States Department of the Treasury.[1][2]
The Gold Reserve Actoutlawed most private possession of gold, forcing individuals to sell it to the Treasury, after which it was stored in United States Bullion Depository at Fort Knox and other locations.
The Gold Reserve Actoutlawed most private possession of gold,
forcing individuals to sell it to the Treasury, after which it was stored in United States Bullion Depository at Fort Knox and other locations.
originally posted by: AugustusMasonicus
originally posted by: neo96
Read it closely.
You read it closely. Is 'most' the same as 'all'?
Definition of most 1 : greatest in quantity, extent, or degree 2 : the majority of
originally posted by: neo96
CLose enough for government fascism as per the definition of most.
Definition of most 1 : greatest in quantity, extent, or degree 2 : the majority of
So you were saying ?
originally posted by: intrptr
a reply to: AMPTAH
Gold is too heavy.
That what the bankers say. Here its so heavy, let us hold it for you, heres a 'receipt'. The first fiat currency.
Oh by the way, if theres a crash we keep your gold... sorry about that.
Their vaults are full of gold, its the only way they do business wth each other. You, you have paper.
Or "bits"...
originally posted by: Greggers
Do we even have enough gold to support our economy?