In answer to  David H. Wilkins's questions:
In 1933 President Franklin D. Roosevelt banned the export of gold, halted
the convertibility of dollar bills into gold, ordered US citizens to hand in
all the gold they possessed and established a daily price for gold.  1934
Roosevelt fixed the price of gold at $35 per ounce.

December 31, 1974 the US government ended its ban on individual ownership of
gold.   In 1997 Congress passed the  Taxpayers Relief Act, allowing US
Individual Retirement Account holders to buy gold bullion coins and bars for
their accounts as long as they are of a fineness equal to, or exceeding,
99.5 percent gold.

Eve
Offshore Gold Account! Now! Free!
http://www.osgold.com/index.php?id=10000033

-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Eric J.
Gaither
Sent: Friday, May 04, 2001 4:36 AM
To: e-gold Discussion
Subject: [e-gold-list] Fw: Laws pertaining to gold ownership in the
United States



Interesting questions I received from a possible Gold Economy soon-to-be:


> To whom it may concern:
>
> Can you help me with the following information please?
>
> What are the current laws pertaining to gold ownership in US?
>
> My understanding is that there were some very specific laws past after
> the Great Depression about either the amount and or what form of gold
> can be held by US citizens. I have also be lead to believe that in
> certain forms it can not be confiscated by the US Government.
>
> Can you or someone on your staff please clarify this situation for me?
>
> Or can you direct me to where I may get accurate information in regard
> to this question?
>
> I thank you in advance for your prompt response to this inquiry.
>
> Regards
> David H. Wilkins
>
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Auctions - buy the things you want at great prices
> http://auctions.yahoo.com/
>

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