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<p>[QUOTE="Tom B, post: 1675131, member: 11854"]Gold was still legal tender and could be used in commercial transactions. Where gold was siphoned out of the commercial realm was when it was deposited into the banking system. It appears that much of what the Executive Orders touched upon during this time period was the idea that exportation of gold would hurt the country and they were attempting to keep gold physically within the US.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 1675131, member: 11854"]Gold was still legal tender and could be used in commercial transactions. Where gold was siphoned out of the commercial realm was when it was deposited into the banking system. It appears that much of what the Executive Orders touched upon during this time period was the idea that exportation of gold would hurt the country and they were attempting to keep gold physically within the US.[/QUOTE]
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