Frank Smith

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Gold Confiscation and The Emergency Banking Bill of l933
By Frank Smith - February 25, 2002
The Emergency Banking Bill of March 9, l933, was implemented by an Executive Order used by President Roosevelt in order to call in the domestic gold. That Roosevelt Executive Order was repealed by an Executive Order by President Gerald...
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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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