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Message:: [QUOTE="jolumoga, post: 26762295, member: 41780"]Oh, I agree, the repeal of the Gold Reserve Act by President Gerald Ford in 1974 is the current law and what is now binding. But I think what the Gold Reserve Act did was to establish a precedent for future action according to economic or monetary crises that may arise in the future. I posted two Supreme Court decisions, which admittedly I will have to carefully review. They are frightening. On the other hand, the loopholes you have highlighted also need careful consideration, because they may exist in the future under potential confiscation. I think what the above memo does is give us details on how the Gold Reserve Act (and by extension EO 6102) was enforced, and so it lays out some parameters on enforcement (what can and cannot be done with regard to coin dealers). But these parameters were unique to the specific way that the Gold Reserve Act was written. We have no idea if a future act will be just as generous or will afford as many loopholes, but that is another matter. We will cover all of this and more here.[/QUOTE]