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Gold and United States Law

 
 
gollum
 
Reply Sun 6 Nov, 2011 07:19 pm
In 1933 U.S. President Franklin D. Roosevelt forbade ownership of Gold Coin, Gold Bullion, and Gold Certificates by U.S. citizens beyond a certain amount.

Today the federal government is far more involved in the economy then it was then.

Therefore, if a U.S. citizen buys gold and it appreciates, isn't there a reasonable basis to think the government might confiscate it?
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Type: Question • Score: 0 • Views: 1,688 • Replies: 1

 
Butrflynet
 
  4  
Reply Sun 6 Nov, 2011 08:01 pm
@gollum,
Only if you are Glenn Beck...
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