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<p>[QUOTE=&quot;Barney McRae, post: 25181193, member: 150594&quot;]I was wrong about it being Nixon repealing the gold ban, it was Gerald Ford. </p><p><br /></p><p><br /></p><p><b>Executive Order 6102</b> is an <a href="https://en.wikipedia.org/wiki/Executive_order" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Executive_order" rel="nofollow">executive order</a> signed on April 5, 1933, by <a href="https://en.wikipedia.org/wiki/US_President" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/US_President" rel="nofollow">US President</a> <a href="https://en.wikipedia.org/wiki/Franklin_D._Roosevelt" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Franklin_D._Roosevelt" rel="nofollow">Franklin D. Roosevelt</a> &quot;forbidding the <a href="https://en.wikipedia.org/wiki/Hoarding_(economics)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Hoarding_(economics)" rel="nofollow">hoarding</a> of <a href="https://en.wikipedia.org/wiki/Gold_coin" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Gold_coin" rel="nofollow">gold coin</a>, <a href="https://en.wikipedia.org/wiki/Gold_bar" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Gold_bar" rel="nofollow">gold bullion</a>, and <a href="https://en.wikipedia.org/wiki/Gold_certificate_(United_States)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Gold_certificate_(United_States)" rel="nofollow">gold certificates</a> within the continental United States.&quot; The executive order was made under the authority of the <a href="https://en.wikipedia.org/wiki/Trading_with_the_Enemy_Act_of_1917" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Trading_with_the_Enemy_Act_of_1917" rel="nofollow">Trading with the Enemy Act of 1917</a>, as amended by the <a href="https://en.wikipedia.org/wiki/Emergency_Banking_Act" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Emergency_Banking_Act" rel="nofollow">Emergency Banking Act</a> in March 1933.</p><p><br /></p><p>The limitation on gold ownership in the United States was repealed after President <a href="https://en.wikipedia.org/wiki/Gerald_Ford" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Gerald_Ford" rel="nofollow">Gerald Ford</a> signed a bill legalizing private ownership of gold coins, bars, and certificates by an Act of Congress, codified in <a href="https://en.wikipedia.org/wiki/Public_Law_(United_States)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Public_Law_(United_States)" rel="nofollow">Pub. L.</a>Tooltip Public Law (United States) <a href="https://uslaw.link/citation/us-law/public/93/373" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://uslaw.link/citation/us-law/public/93/373" rel="nofollow">93–373</a>,<a href="https://en.wikipedia.org/wiki/Executive_Order_6102#cite_note-1" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Executive_Order_6102#cite_note-1" rel="nofollow">[1]</a> which went into effect December 31, 1974.</p><p><br /></p><p>And yes, from what I&#039;ve read, you were only allowed to own $100 worth of face value gold $20 Eagles.[/QUOTE]</p><p><br /></p>

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