Gold Confiscation Act of 1933: What You Need to Know
How to pronounce Executive Order 6102 in English?
Gold Rush: The Day the Government Seized Americans' Bullion
What Is An Executive Order?
Executive Order 6102 is a United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The limitation on gold ownership in the U.S. was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars and certificates by an act of Congress codified in Pub.L. 93–373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. The order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act the previous month.
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