Executive Order 6102 "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates" by U.S. citizens was signed on April 5, 1933 by U.S. President Franklin D. RooseveltLet's see, one Socialist President outlawed gold ownership in rough economic times. Is it so difficult to imagine that another Socialist President would do the same thing again after a crash with an exchange of, say, fifty dollars a pound?Gold ownership was repealed by an act of Congress codified in Pub.L. 93-373 legalizing private ownership of gold coins, bars and certificates signed by President Gerald Ford which went into effect December 31, 1974.
THing is, the dollar is no longer tied to gold! I think if they tried that today, they would get more Lead than gold!
I wonder if the sheeple will fall for the same trick twice. I can envision a lot of disappearing JBT's if this commie tries to mimic what the last one did.