Wednesday, February 15, 2012

Is history about to repeat itself? If you're buying gold you need to read this.

Have you ever heard about the government order issued by Franklin D. Roosevelt in 1933 to CONFISCATE GOLD? I'll bet someone in the White House has. Gold represents the true value of the dollar and people are buying it to offset the possibility of an economic collapse due to Barack Hussein Obama's out-of-control borrowing. And that is why the price of gold is soaring to new levels every day.
 

Executive Order 6102 

From Wikipedia, the free encyclopedia
Executive Order 6102 is an Executive Order signed on April 5, 1933, by U.S. President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates within the continental United States". The order criminalized the possession of monetary gold by any individual, partnership, association or corporation.
Click image to enlarge view.

Read the whole article on Wikipedia, its an interesting piece of history. In the immortal words of the great American philosopher George Santayana, "Those who cannot remember the past are condemned to repeat it. "

  

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