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It's not true that the government sized privately owned gold in that manner [1]. Additionally, when the government made the private ownership of gold illegal, t
by delecti 11y ago
It's not true that the government sized privately owned gold in that manner [1]. Additionally, when the government made the private ownership of gold illegal, they bought back gold from people at $20.67/troy oz, which is about what the price was at the time [2].
I think your concerns about the security of retirement accounts is unfounded.
[1] https://en.wikipedia.org/wiki/Executive_Order_6102#Hoax_of_safe_deposit_box_seizures https://en.wikipedia.org/wiki/Executive_Order_6102#Hoax_of_s...
[2] https://upload.wikimedia.org/wikipedia/commons/f/ff/Gold-nominal-constant-usd.svg https://upload.wikimedia.org/wikipedia/commons/f/ff/Gold-nom...
- jes 11y agoYou are dropping important context. See also [1]. https://en.wikisource.org/wiki/Executive_Order_6260 https://en.wikisource.org/wiki/Executive_Order_6260