Historical Precedents and Current Implications of Gold Confiscation Explained
The idea of gold confiscation by the government creates significant debate withing the RV/GCR community, especially in the context of a potential collapse of the fiat currency system.
Could a scenario similar to the 1933 Executive Order 6102, which required the surrender of privately held gold, happen again today?
To answer this question, let’s examine the historical context of EO 6102, its actual impact, and whether such drastic measures could be realistically implemented in the modern financial landscape.
In 1933, President Franklin D. Roosevelt issued Executive Order 6102, which mandated the surrender of most privately held gold to the U.S. government.
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