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<p>[QUOTE=&quot;ToughCOINS, post: 2210469, member: 20480&quot;]&quot;The Uebersee Finanz-Korporation, a Swiss banking company, had $1,250,000 in gold coins for business use. The Uebersee Finanz-Korporation entrusted the gold to an American firm for safekeeping. The Swiss were shocked to find that their gold was confiscated. The Swiss made appeals, but those appeals were denied. The Swiss were entitled to paper money – but not their gold. Of course, after the gold was seized, there was a 1934 overnight increase of the price of gold from $20.67 per ounce to $35 per ounce. The Swiss company lost 40% of their gold&#039;s value if they tried to buy the same amount of gold with the paper money they received in exchange for their confiscated gold&quot; . . . exerpted from <u>Executive Order 6102</u> at Wikipedia.</p><p><br /></p><p>While Wikipedia was once not regarded as the most credible of resources, many years of vetting the writings there have changed that.[/QUOTE]</p><p><br /></p>

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