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<p>[QUOTE="HandsomeToad, post: 431141, member: 12965"]One of the things I always wondered about was one of the reasons that brought about the Depression, which was gold, and was the reason FDR recalled gold. There's an interesting history that many do not know about:</p><p> </p><p><a href="http://supreme.justia.com/us/294/330/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://supreme.justia.com/us/294/330/" rel="nofollow">http://supreme.justia.com/us/294/330/</a></p><p> </p><p>That is a case that went to the U.S. Supreme about Gold Bonds that were issued prior to FDR recalling gold. What I find interesting is the 3 "outs" involved with the bonds, which made them a no-lose bond but in the case of Perry, I'm wondering if he bought them from someone just before the recall? Because, if you think about it, gold had gone up in value which would have made the Gold Bonds worth more and if someone had inside information about the upcoming gold recall, they would have sold them at the inflated gold value and whoever bought them, would have been stuck with them for the cash value.</p><p> </p><p>As far as I know, no one has ever investigated this situation, to see who sold their bonds just before the recall, to see if any "insider trading" was going on? I think it would make for an interesting story, to see who all sold and what ties did they have to the White House? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p> </p><p>Ribbit <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="HandsomeToad, post: 431141, member: 12965"]One of the things I always wondered about was one of the reasons that brought about the Depression, which was gold, and was the reason FDR recalled gold. There's an interesting history that many do not know about: [URL]http://supreme.justia.com/us/294/330/[/URL] That is a case that went to the U.S. Supreme about Gold Bonds that were issued prior to FDR recalling gold. What I find interesting is the 3 "outs" involved with the bonds, which made them a no-lose bond but in the case of Perry, I'm wondering if he bought them from someone just before the recall? Because, if you think about it, gold had gone up in value which would have made the Gold Bonds worth more and if someone had inside information about the upcoming gold recall, they would have sold them at the inflated gold value and whoever bought them, would have been stuck with them for the cash value. As far as I know, no one has ever investigated this situation, to see who sold their bonds just before the recall, to see if any "insider trading" was going on? I think it would make for an interesting story, to see who all sold and what ties did they have to the White House? ;) Ribbit :)[/QUOTE]
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