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<p>[QUOTE=&quot;medoraman, post: 1675340, member: 26302&quot;]I would disagree with all of those things as well sir. </p><p><br /></p><p>Regarding making gold illegal, it allowed small holdings of gold, or &quot;numismatic&quot; holdings, (undefined). You claim the amount allowed was large, yet&nbsp; Ft Knox was basically created by the melted down coins. Doesn&#039;t sound like the population was allowed to keep their gold much. Sure, a ditch digger couldn&#039;t afford 10 ounces, but many sure could and more, and yet not much was passed down. I have read articles in NN, ANA Journal, etc detailing how large the amount of late gold coins only survive because of European and Asian hordes. They say many dates may not exist at all if it were not for these coins brought back overseas in the late 70&#039;s.</p><p><br /></p><p>Regarding pricing, &quot;worldwide&quot; it was not a static price, in markets allowed to float. This is why Nixon eventually had to close the gold window. However, you still would only give you face value. To me that is not allowing you to sell the gold at true market value.</p><p><br /></p><p>Regarding the bartering issue, if you are not allowed to hold very much gold, and exceeded it, you were breaking the law. I do not believe I ever claimed I knew of someone being arrested. </p><p><br /></p><p>The main point is the chilling effect of such an Executive Order. Like I said numerous writers have talked about how even some dealers refused to buy or sell gold. We have this today with just a stupid minor governmental agency&#039;s regulation. Because of this, no smelter in the country will pay you market value for copper cents. This is just a regulation, imagine what the population would do if it were an executive order or a law passed by Congress.</p><p><br /></p><p>I do not think you are beng a richard sir, I simply believe we have vastly different opinions on the power of the fear induced by such regulations. We have an honest disagreement is how I view it.[/QUOTE]</p><p><br /></p>

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