FDR Stole American’s Gold in 1933, Outsmart a Future Gold Confiscation (Part One): What Coins to Buy and How to Store Them
On April 5, 1933, President Franklin D. Roosevelt(FDR) signed Executive Order 6102, forcing ordinary Americans to surrender their gold coins, bullion, and certificates to Federal Reserve banks for $20.67 per ounce. The government soon revalued gold to $35 per ounce, effectively confiscating 40% of their wealth overnight. Under a fiat […]