[eldoradude]

Later in the same thread, " At any rate, in the context of this thread, I was just opining that "keystone" is a reference to the Federal Reserve / Treasury."

Bingo!

Looking deeper found the Emergency Banking Act of 1933 which confiscated all gold in the US under the War Powers Act on March 9, 1933, 5 days after assuming office. The War Powers Act was invoked due to a "national emergency" when folks with gold certificates tried to redeem them in gold and were being denied because the gold on deposit had "disappeared".

Presidential Proclamation 2039

Whereas there have been heavy and unwarranted withdrawals of gold and currency from our banking institutions for the purpose of hoarding; and

Whose gold was it to begin with?

Whereas continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted in severe drains on the Nation's stocks of gold; and

Whereas those conditions have created a national emergency; and

The emergency being there was no gold to redeem the certificates.

Whereas it is in the best interests of all bank depositors that a period of respite be provided with a view to preventing further hoarding of coin, bullion or currency or speculation in foreign exchange and permitting the application of appropriate measures to protect the interests of our people; and

Whereas it is provided in Section 5(b) of the Act of October 6, 1917 (40 Stat. L. 411), as amended, "That the President may investigate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange and the export, hoarding, melting, or earmarkings of gold or silver coin or bullion or currency . ..

The War Powers Act invoked because Americans were trying to get THEIR money and gold out of the banks. So, the American people were the enemy from this perspective.

[STARLIT]

Good post. ThankQ

[Cats Pajamas]

Holy crap eldorado-that’s crazy awesome, gonna read now. Husband was howling for food. this mess is enough to cause all of us a psychotic break. Glad you found all that. And to everyone WE ARE A TEAM!

[Cats Pajamas]

El, man you got this nailed down. Fantastiq!

[Rusty0604]

Thanks for getting this information out. I’ve been an “end the Fed” person for many years.

[greeneyes]

And later, after it was confiscated/redeemed for a set dollar amount, the Government devalued the dollar, hence the money received for the gold lost around 40% of it’s value/purchasing power.

This is the reason that my grandparents used to save Silver dollars after WWII. Hid away a certain amount every year, in case the money ever became “worthless” again.