Posted on January 28, 2010.
Why FDR and his cronies Rob Americans of their gold? Executive Order 6102:
BY virtue of the authority vested in me by Section 5 (b) of the Act of October 6, 1917, as amended by section 2 of the Act of March 9, 1933, entitled "An Act to provide relief in the existing national emergency in banking, and other purposes ", in which the amending Act Congress declared that a serious emergency, I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still exists and according to this article hereby prohibit the hoarding of gold bullion, and certificates gold in the continental United States by individuals, corporations, associations and companies and hereby prescribe the following regulations for carrying out the purposes of this order:
Section 1. For purposes of this Regulation, the term "panel" means the withdrawal and withholding of gold coin, gold bullion or gold certificates of recognition and normal channels of trade. The term "person" means any individual, partnership, association or corporation.
Section 2. ALL PERSONS are required to complete by May 1, 1933, at a bank or FEDERAL RESERVE BRANCH OR agency thereof or any member bank of the Federal Reserve System ALL gold coin, Gold Bullion AND gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following:
(Provision) as the gold that may be required for legitimate and customary in the industry, profession or art within a reasonable time, including gold prior to refining and stocks gold in reasonable amounts for the normal trade needs of the mining and refining such gold owners.
(B) of gold coins and gold certificates in an amount not exceeding the total amount of $ 100 belonging to the same person, and gold coins having recognized special value to collectors. rare and unusual pieces.
(C) parts and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements.
(D) parts and bullion licensed for other proper transactions (not including panel), including gold coins and bullion imported for reexport or held pending action on applications for export licenses.
Section 3. Until further notice any person becoming the owner of a piece of gold bullion, gold certificates after April 28, 1933, shall, within three days of receipt thereof, deliver the same as provided in Article 2, unless such gold coin, gold bullion or gold certificates are held for a purpose referred to in paragraphs (a) (b) or (c) of paragraph 2, or less than gold coins or gold bullion is held for purposes specified in subsection (d) of Section 2 and the person who holds it, in respect of parts gold or bullion, a licensee or applicant for license pending action on.
Section 4. Upon receipt of gold coin, gold bullion or gold certificates delivered to it pursuant to Articles 2 or 3, the Federal Reserve Bank or member bank will pay an amount equivalent to the effect of any other form of coin or coined or issued under the laws of the United States.
Section 5. Banks shall provide all gold coins, gold bullion and gold certificates owned or received by them (other than those exempted under the provisions of Article 2) Federal Reserve banks in their respective districts and receive credit or payment.
Section 6. The Secretary of the Treasury, the sum made available to the President by section 501 of the Act of March 9, 1933, in all cases good pay reasonable costs of transportation of gold coins, gold bars or gold certificates delivered to a member bank or Federal Reserve pursuant to Article 2, 3 or 5 here.
