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<p>[QUOTE="Tom B, post: 1675309, member: 11854"]I haven't been responding to your posts to necessarily discuss the affect of the Executive Orders. Rather, I have been addressing inaccurate statements or board based assertions in your posts. We have had two recent threads where these have been written so it may appear as though I am following you or nitpicking, but I am attempting to inject some information from the sources that are being discussed.</p><p><br /></p><p>In the Cyprus thread you wrote that during the 1930s the US passed a law that made gold ownership illegal; this is wrong and I provided the correct Executive Order so it could be verified. You additionally stated that the public was forced to sell their gold to the government at a fixed price. Again, this is incorrect since there were very large exemptions that allowed all manner of folks to legally hold gold. Of course, those who brought gold to banks were paid a fixed price for gold, but gold was kept at a fixed price worldwide during this time and for generations prior. Lastly, you stated that anyone attempting to barter with gold was arrested, yet I can find no historical accounts that support this claim.</p><p><br /></p><p>In this thread you have stated that gold was essentially illegal to use or sell and again this is not true. It could be used openly in commerce, but would be siphoned off by the banks upon deposit. You also state that 99% of all gold coinage dated 1880-1933 was melted and placed into For Knox. For that statement I would <i>love </i> to see supporting references because I have never read it anywhere prior to here and find it an amazing thing to assert.</p><p><br /></p><p>I'm not attempting to be a Richard Cranium, but I have encountered myriad folks on various coin boards who state broad claims that follow lines such as Roosevelt emptied all the SDBs in the country; locked up thousands for using a quarter-eagle at the store; and raided the life savings of folks without compensation. I simply attempt to use the publicly available resources to show what the Executive Orders stated and to write what few known actions were taken against individuals.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 1675309, member: 11854"]I haven't been responding to your posts to necessarily discuss the affect of the Executive Orders. Rather, I have been addressing inaccurate statements or board based assertions in your posts. We have had two recent threads where these have been written so it may appear as though I am following you or nitpicking, but I am attempting to inject some information from the sources that are being discussed. In the Cyprus thread you wrote that during the 1930s the US passed a law that made gold ownership illegal; this is wrong and I provided the correct Executive Order so it could be verified. You additionally stated that the public was forced to sell their gold to the government at a fixed price. Again, this is incorrect since there were very large exemptions that allowed all manner of folks to legally hold gold. Of course, those who brought gold to banks were paid a fixed price for gold, but gold was kept at a fixed price worldwide during this time and for generations prior. Lastly, you stated that anyone attempting to barter with gold was arrested, yet I can find no historical accounts that support this claim. In this thread you have stated that gold was essentially illegal to use or sell and again this is not true. It could be used openly in commerce, but would be siphoned off by the banks upon deposit. You also state that 99% of all gold coinage dated 1880-1933 was melted and placed into For Knox. For that statement I would [i]love [/i] to see supporting references because I have never read it anywhere prior to here and find it an amazing thing to assert. I'm not attempting to be a Richard Cranium, but I have encountered myriad folks on various coin boards who state broad claims that follow lines such as Roosevelt emptied all the SDBs in the country; locked up thousands for using a quarter-eagle at the store; and raided the life savings of folks without compensation. I simply attempt to use the publicly available resources to show what the Executive Orders stated and to write what few known actions were taken against individuals.[/QUOTE]
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