Ft Knox Gold and U.S. Government Theft

Published on January 28, 2022

Trending clips related to invest in silver, gold rate news, and Is Gold Bullion a Cash Equivalent, Ft Knox Gold and U.S. Government Theft.

In this video, I discuss how the U.S. government stole its citizens’ gold through FDR’s Executive Order 6102.

In 1933, all Americans were required to turn over their gold coins, gold bullion, and gold certificates to the U.S. government in exchange for $20.67 per ounce. Failure to comply meant a fine of $10,000 (about $170,000 in today’s dollars) or up to 10 years in prison.

Immediately after the U.S. government had collected this gold (which is now housed in the U.S Bullion Depository in Ft Knox, Kentucky), it devalued the US dollar against gold, by setting the new exchange rate at $35.00 per ounce.

This 40% devaluation of the U.S. dollar was done without the consent of the American people, and constituted a huge theft of wealth.

Today, the Federal Reserve continues to steal from the holders of U.S. dollars by constantly printing new USD and thus weakening the purchasing power of the currency.

Good ways to hedge against this continued theft include gold, Bitcoin, and stocks, all of which should do well over the next 10 years as the Fed continues its money printing.

Not investment advice! Consult a financial adviser.

United States Bullion Depository:

Executive Order 6102 by FDR:

Watch the USD money supply explode:

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Is Gold Bullion a Cash Equivalent

Is Gold Bullion a Cash Equivalent, Ft Knox Gold and U.S. Government Theft.

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Gold Etf Funds Are For Exploiting, Not Investing

The lower the shift, the more deals you require to make a considerable profit. The general progress might be upward, but bear in mind that there are pull-backs. In 1980, the cost of gold started at $524 per ounce.

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Base your Gold Investment s on macroeconomics – looking at the bigger photo is necessary when thinking about a Gold Investment. Taking a look at things such as inflation and GDP are vital to a effective and sound return on your investment.

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That is because of the crash of any other kinds of investment and mainly of the property market. In Europe you can get gold bars that weigh from 1oz to 10oz. One, is buying Gold Mining Stocks or related gold equities.

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