The War on Gold Ensures the Dollar’s Downfall

1:38 PM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/05/12/the-war-on-gold-ensures-the-dollars-downfall-002527

Last month was the 89th anniversary of one of America’s biggest blunders on her descent from honest, sound money into weaponized political money: Executive Order 6102. Signed on April 5, 1933, U.S. President Franklin Delano Roosevelt required all persons holding more than five ounces of gold to deliver their “gold coin, gold bullion, and gold certificates, now owned by them to a Federal Reserve Bank, branch or agency, or to any member bank of the Federal Reserve System.”

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