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<p>[QUOTE=&quot;SilverForLife, post: 1686607, member: 39270&quot;]41% not 50%.................</p><p><font size="3"><span style="color: #000000"><font face="Calibri">Executive Order 6102 required all persons to deliver on or before May 1,1933, all but a small amount of gold coin, gold bullion, and gold certificatesowned by them to the Federal Reserve, in exchange for $20.67 per troy ounce.</font></span></font></p><p><font size="3"><span style="color: #000000"><font face="Calibri">The price of gold from the Treasury for international transactions wasthereafter raised to $35 an ounce resulting in an immediate loss for everyonewho had been forced to surrender their gold. The resulting profit that thegovernment realized funded the Exchange Stabilization Fund established by theGold Reserve Act in 1934.</font></span></font></p><p><font size="3"><span style="color: #000000"><font face="Calibri">41% Loss</font></span></font></p><p><a href="http://en.wikipedia.org/wiki/Executive_Order_6102" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Executive_Order_6102" rel="nofollow"><font face="Calibri"><font size="3"><span style="color: #0000ff">http://en.wikipedia.org/wiki/Executive_Order_6102</span></font></font></a></p><p>[/QUOTE]</p><p><br /></p>

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