4 ms·
Governments May Make Private Gold Ownership Illegal
- stanrivers 6y agoSomewhat click-bait title, but still interesting given some similar-ish historical precedents - TLDR is “No government is suggesting it yet, but it’s something they might start to suggest, says hedge fund manager”
- LinuxBender 6y agoThis is silly. If I own a mine and have full mineral rights, then any gems or minerals I find are my property. Those rights are managed by each state.
- tomohawk 6y agoThey allude to this in the article, but this is what was done by FDR in the 30s. His government picked an arbitrary price for gold and you had to sell your gold to them at that price. https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102