The Day The Government Seized Americans' Gold

FDR pulled a Cyprus on the American people 80 years ago this week.

April 5 (Bloomberg) -- Alix Steel reports on the 1933 Presidential order by FDR requiring citizens to turn in their gold.

Texas Wants Its Gold Back From The Fed

Related links:

Watch Tricky Dick End The U.S. Gold Standard (1971)

FDR Issues Executive Order 6102 Banning Gold Ownership

UPDATE: New Bill Requires Gold & Silver Registration

Texas Wants Its Gold Back From The Fed

RED ALERT: The Gold Police Have Arrived!

CHART - Inflation Adjusted Gold Price (1970-2012)

Ron Paul On Drones, Kill Lists, Bernanke And Gold

Argentina Desperate For Gold To Fight 25% Inflation

The Gold Confiscation Act Of 1933

The Day Richard Nixon Killed the Gold Standard

Comments

[DailyBail]

Gold is up $14 today to $1588 and the technical picture is beginning to brighten. The driver today is general dollar weakness.
In what’s perhaps a counter-sentiment indicator both UBS and Deutsche Bank cut 2013 gold price forecasts today. DB lowered its forecast 12% to $1637 while UBS lowered its estimate to $1740 from $1900.

http://www.forexlive.com/blog/2013/04/09/gold-gets-a-lift-from-us-dollar-weakness/

[DailyBail]

The US Dollar declined against all of its major counterparts after Federal Reserve Chairman Ben Bernanke said asset sales are expected happen “late” into the monetary policy tightening process. The central bank chief added that the Fed preferred to use the interest rate on excess reserves (IOER) as its principal tool for unwinding stimulus when the time to do so is at hand.

http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2013/04/09/Forex_US_Dollar_Sold_as_Fed_Chairman_Bernanke_Talks_Down_Asset_Sales.html

[It is I only]

1933 Presidential order by FDR requiring citizens to turn in their gold.
Please may all you morons which think that this croock FDR was your greatest President. Put you hand up!

[SKINFLINT]

DB, Don't you think that the dollar will continue to weaken as major blocks on the planet start trading and purchasing in other currencies than ours? Russia and China and wasn't there a recent article about Australia and China trading in something other than the dollar.