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Message: Did the U.S. Gov't really confiscate ALL its citizen's gold in the 1930's?
1
Jan 04, 2011 11:06AM
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Jan 04, 2011 12:31PM

Jan 04, 2011 01:05PM

Ian Gordon said,

"... but in the U.S., we know that in the '30s Roosevelt confiscated all U.S. citizens' gold."

http://www.kitco.com/ind/GoldReport/jan042011.html

Does anyone know how true this is? Gosh, I can't now find the reference, but I had heard that the U.S. government was relatively unsuccessful in its efforts to confiscate its citizens' gold. And, that gold hording was more popular than giving it up to the authorities.

Anybody know what really happened?

B.


Jan 05, 2011 06:09AM
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