TREASON for Buying Russian Gold?
Stop Russian GOLD Act of 2022
Stop Russian Government and Oligarchs from Limiting Democracy Act of 2022
There is a bill being proposed in congress that seeks to block the purchasing power of gold coming out of Russia.
However, this bill has such a broad overreach that it could turn any ordinary US citizen into a fellow by doing business with any foreign entity who has touched gold from Russia. The powers and penalties granted if this bill passes are terrifying.
TREASON for Buying Gold?
Also, what’s really scary about this new proposed bill, is if it goes through, what could be next?
Yes, what happens if the dollar really goes down in value, more than it’s already been going? Could we again see a prohibition in the United States on owning any gold like Franklin Delano Roosevelt did?
Read it for yourself, here is a link to the proposed bill: https://www.congress.gov/bill/117th-congress/senate-bill/3771/all-info
Yes, it’s possible, and think about the irony! Everybody and their sister, has been conditioned to believe that owning gold is an offset to inflation and also to hyperinflation, and maintaining one’s purchasing power, should Americans ever wake up to the constant an ever-increasing United States national debt.
So, is anyone thinking that there is a distinct possibility that the government can turn around and once again pass some totalitarian law, stating that any United States citizen owning gold is engaging in illegal activities and subject to confiscation of their gold.
So no matter how you feel about the Russian Ukrainian War, a bill like this, if passed, could definitely be a prelude to banning personal ownership of gold in the United States.
From Wikipedia, the free encyclopedia:
Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.” The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933.
The limitation on gold ownership in the United States was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars, and certificates by an Act of Congress, codified in Pub.L. 93–373, which went into effect December 31, 1974
Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $413 in 2020) per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, a violation of the order was punishable by fine up to $10,000 (equivalent to $200,000 in 2020), up to ten years in prison, or both.
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1 Comment
SEO · April 8, 2022 at 3:48 pm
Gold is Real Money!