Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: sodpoodle
You might think this is ‘your money’ but it has strings attached.

There was a time that physical gold was thought to be proof against seizure, but that fiction ended in 1933.

http://en.wikipedia.org/wiki/Executive_Order_6102

Executive Order 6102

28 posted on 12/28/2010 8:55:35 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 22 | View Replies ]


To: abb

****In 1933 approximately 500 tonnes of gold were turned in to the Treasury “voluntarily” at the exchange rate of $20.67 per troy ounce.****

HOLY S**T!!! Someone do the math!
32,150 troy ounces = 1 metric ton (1,000 kilos)

Read more: http://wiki.answers.com/Q/How_many_troy_ounces_in_a_tonne_of_gold#ixzz19QT78Z1m

Was all that loot spent on WWII??


33 posted on 12/28/2010 9:06:19 AM PST by sodpoodle (Despair; man's surrender. Laughter; God 's redemption.)
[ Post Reply | Private Reply | To 28 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson