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<p>[QUOTE=&quot;jolumoga, post: 26761905, member: 41780&quot;]Upon skimming the memo (need more time to review it - OK, just finished it), it offers an interpretation of the Gold Reserve Act of 1934*, which was then repealed in 1974**. It does offer some clues as to how a future confiscation may take place, but this is speculative. I&#039;ll add relevant links so those browsing this thread can grasp the memo in a wider context.</p><p><br /></p><p>* <a href="https://fraser.stlouisfed.org/title/gold-reserve-act-1934-1085" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://fraser.stlouisfed.org/title/gold-reserve-act-1934-1085" rel="nofollow">https://fraser.stlouisfed.org/title/gold-reserve-act-1934-1085</a></p><p><br /></p><p>** <a href="https://www.congress.gov/93/statute/STATUTE-88/STATUTE-88-Pg445.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.congress.gov/93/statute/STATUTE-88/STATUTE-88-Pg445.pdf" rel="nofollow">https://www.congress.gov/93/statute/STATUTE-88/STATUTE-88-Pg445.pdf</a></p><p><br /></p><p>The memo cites an interesting case of an Israel Switt, who in 1934 was caught with 98 gold coins while trying to board a train from Philadelphia heading to Baltimore. This could be of interest as to how the Gold Reserve Act of 1934 was applied - or rather how some were ensnared***.</p><p><br /></p><p>*** <a href="https://www.casemine.com/judgement/us/5914a437add7b049346b5b13" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.casemine.com/judgement/us/5914a437add7b049346b5b13" rel="nofollow">https://www.casemine.com/judgement/us/5914a437add7b049346b5b13</a>[/QUOTE]</p><p><br /></p>

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