Cable Salad

[Shady Bill]

Originally Posted by Skybird

Do you really not know that there has been an extensive gold prohibition in the US 1934 to 1974?

Sir, I am but a simple man...I had no idea. But am reading up on

https://en.wikipedia.org/wiki/Gold_Reserve_Act

How was this allowed to happen in the US? What sort of fruitcake president comes up with this? FDR of all people I guess...certainly no fan there.

That the United Kingdom had (still has?) tight restrictions in place limiting the amount of gold private people were allowed to legally hold? That Germany already had severla limitations and even complete prohibtions of private ownership of gold, every time linked to high inflations and lousy state finances? That India 2 or 3 years ago has made another attempt to prohibit the owning/trading of gold?

I assume the amount of gold one can own is pretty large? I am a man of modest means and desires. Certainly no gold trader by any means. Any gold I acquire would automatically be transferred to my wife's possession as per normal protocol.