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The Government Can Confiscate Your Gold by Issuing an Executive Order – Like it Happened Before
“By virtue of the authority vested in me by… an Act to provide relief in the existing national emergency in banking, and for other purposes… I, Franklin D Roosevelt… do declare that said national emergency still continues to exist and… do hereby prohibit the hoarding of gold coin, gold bullion, and gold certificates within the continental United States by individuals, partnerships, associations and corporations…”
This is an excerpt from the Executive Order 6102, issued by Franklin D Roosevelt in 1933.
Yes, it’s this simple for the Government to “legally” confiscate all your physical gold in the “right” circumstances. Like, for example, the total collapse of the US Dollar.
Following the E.O. 6102, the US Government devalued the dollar against gold by simply raising the gold price – something the government could do, as it now controlled the entire supply. This measure left millions starving to death – literally – in the streets, and it can happen again at any given moment.
The 6102 still stands today and, recently, a family from Pennsylvania has been “legally robbed” of their inherited gold coins under this Executive Order by the Feds.
“A federal judge has upheld a verdict that strips a Pennsylvania family of their grandfather’s gold coins — worth an estimated $80 million — and has ordered ownership transferred to the US government.
Judge Legrome Davis of the Eastern District Court of Pennsylvania affirmed a 2011 jury decision that a box of 1933 Saint-Gaudens double eagle coins… is the property of the United States.” [1]
The attorney representing Switt’s family says the government has no right to remove their own items and transfer the property back to the state:
“This is a case that raises many novel legal questions, including the limits on the government’s power to confiscate property. The Langbord family will be filing an appeal and looks forward to addressing these important issues before the 3rd Circuit,” Barry Berke, an attorney for the Langbords, tells ABCNews.com. [2]
Yet, gold investments are still the safer bet, when compared to keeping your money in banks or “under the mattress.” The recent events in Cyprus are yet another example of how the government can rob its citizen of their wealth, virtually over night.
History showed us that “they” are not be trusted! It is about time we take the warnings seriously and make a viable plan.
If you have the financial means to… continue reading.
By Alexander Light, HumansAreFree.com; | References: [1] RT News; [2] ABC News;
