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Old 08-30-2012, 10:41 PM  
acrylix
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Quote:
Originally Posted by DTK View Post
What are you talking about? The Nixon administration took us off the gold standard in 1971.
He's not talking about taking us off the gold standard. He's talking about an Executive Order from FDR forcing all Americans to hand over their gold to the "banksters" at the Federal Reserve for $20.67 (per ounce) of paper money. After getting hold of all that gold, the Treasury promptly raised the price to $35 an ounce.

Executive Order 6102: http://en.wikipedia.org/wiki/Executive_Order_6102

Supposedly, this gold is still in Fort Knox. But to my knowledge, no audits have ever been done to check how much (if any) is still there. As of today, gold is worth $1655 an ounce, so I'd say they did pretty well with that little gold grab back in 1933.

I'm no Reagan fan, but what was BFT3K saying about whores "for the banksters?"
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