U.S. President
Franklin D. Roosevelt "forbidding
the Hoarding of Gold Coin, Gold Bullion, and Gold
Certificates
Click to go to our Home Page
|
What has occurred in the past will most likely
occur in the future!
----- Original Message -----
From: Gar
To: rsbeauli@telusplanet.net ; stevenagy@virginbroadband.com.au
Sent:
Saturday, December 24, 2011 9:47 AM
Subject:
Executive Order 6102
Don't think you can
buy Gold now to live on when the economy crashes-- it will be made illegal to
own gold as it was in the past-- those selling Gold know this and want to
unload as much as they can for cash.
Executive Order 6102 is an Executive
Order signed on April 5, 1933, by U.S. President Franklin
D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion,
and Gold
Certificates within the continental United States". The order
criminalized the possession of monetary gold by any individual, partnership,
association or corporation.
The order was rationalized on the grounds that hard times had caused
"hoarding" of gold, stalling economic growth and making the depression
worse.[1] The New York Times, on
April 6, 1933 p. 16, wrote under the headline "Hoarding of
Gold", "The Executive Order issued by the President yesterday
amplifies and particularizes his earlier warnings against hoarding. On March 6,
taking advantage of a wartime
statute that had not been repealed, he forbade the hoarding 'of gold
or silver coin or bullion or currency,' under penalty of $10,000 fine or ten
years imprisonment or both."[2]
http://en.wikipedia.org/wiki/Executive_Order_6102
Gar