KOMMONSENTSJANE – HISTORY OF GOLD


The Government can and will do what ever they think they need regardless of the consequences, That is why we elected Trump. Maybe we’ll be OK for the next 4 years.

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Subject: Gold Confiscation — Should You Actually Worry?

I Don’t Worry about Gold Confiscation (and You Probably Shouldn’t Either)

By Guy Christopher

  • Image result for photos of gold bars

Most gold owners are familiar with worries of forced government gold confiscation – that one day black-ops shock teams will toss homes to find that stash of coins and bars.

The sole historical source for the modern fear of “confiscation” was President Franklin Roosevelt’s 1933 Executive Order 6102 telling America to cough up its gold in the midst of The Great Depression.

But closely reading FDR’s infamous order offers a sobering perspective which doesn’t fit the ever-evolving folklore. This reality might calm some confiscation fears…

•FDR’s executive order was far from an outright grand theft “confiscation.” It was a paid-for expropriation. Surrendering a $20 double-eagle to the bank got you a $20 fiat paper note. While aiming to steal the economic power of gold, FDR left its nominal…

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