Monday, August 15, 2016

Why Did The U.S. Government Confiscate Gold In 1933 And Can It Happen Again? – Part 3

August 31, 2009 by · Leave a Comment 

By Julian D. W. Phillips, GoldSeek In this the third part of this series we look at the fall of gold as a medium of exchange and the freeing up of gold ownership from August 15th 1974 onwards. We previously stated that gold ownership was made illegal on 1st May 1933.  What we did not tell [...]

Why Did The U.S. Government Confiscate Gold In 1933 And Can It Happen Again?

August 16, 2009 by · Leave a Comment 

By Julian D. W. Phillips, GoldSeek In this the second part of this series we look at the big global picture when President Roosevelt’s Administration confiscated the gold of U.S. citizens. Based on this part, in the next part we contemplate whether it can happen again. From May 1st 1933 until 1971, U.S. citizens could [...]