Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

'Confiscation' page added to GATA's Internet site

IMG Auteur
 
 
Published : February 06th, 2012
311 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Confiscation Gata

 

 

 

 

Because of recurring interest in the issue, GATA has added an indexed page at its Internet site devoted to the possibility of government confiscation of gold and silver. The page is now the first listed in the "Articles" section in the left column of our home page.

At the moment the page has one entry, our dispatch from October 2007 reposting our correspondence with the U.S. Treasury Department two years earlier, in which the department's chief counsel for the Office of Foreign Assets Control explains candidly that, upon proclamation of an emergency by the president of the United States, the department claims the power, under the Trading with the Enemy Act of 1917 and the International Emergency Economic Powers Act of 1977, to seize or freeze not only privately owned gold and silver but any privately owned financial asset:

http://www.gata.org/node/5606

This statement from the Treasury Department remains the most definitive we've seen. It strongly suggests that, despite the stirring last lines of all four verses of "The Star-Spangled Banner" --

http://www.usa-flag-site.org/song-lyrics/star-spangled-banner.shtml

-- gold and silver investors in the United States might want to place some of their assets somewhere else, in a free country.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.




Join GATA here:

California Investment Conference
Saturday-Sunday, February 11-12, 2012
Hyatt Grand Champions Resort
Indian Wells, California, USA

http://cambridgehouse.com/conference-details/california-investment-confe...

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

 

 

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
America Too Broke to Fix Crumbling Infrastructure? “Bridges, Roads,...
20 Febmanfredhumphries1
If you stopped spending so much money on the deep state, military and wars that protect you from nothing and make the world hate America, and stopp...
Alan Greenspan renews gold advocacy, Part 2
20 Febdennyc
Believe it - Greenspan is as dumb as he looks. I'm slightly puzzled as to why the author would use Greenspan as a source for anything. Even a curso...
“That War You Ordered….”
20 FebRosscoe1
Nice comments James If Trump is as mad as everyone says he is , then anything is possible,but I doubt he is and being a tough hombre, he h...
“That War You Ordered….”
19 Febscipionasica3
How splendid to read a clear and lucid article. I am a British citizen living in France and I confirm to you that the illogical nonsense fed to yo...
Alan Greenspan renews gold advocacy, Part 1
18 Febstinger
STFU Greenspan, shut your lie-hole already. When you had a chance to make a difference you sold us out. Nobody gives a chit about...
“That War You Ordered….”
18 Febcomptel
Very good article, except for the unneeded bad language!
Trump Fan John Paulson Cuts GLD Gold Investment as Inflation Hits 5...
15 FebChrisR13
Paulson still owns 4.3 million shares but don't forget GLD allows its biggest holders to redeem for the underlying physical gold but everyone else ...
Yet Another Wall Street 'Witch's Brew'
15 FebDRGEORGE0
I'm not an American but if I had a vote I probably would have voted for DT as the alternative was much worse. My biggest concern about DTs policies...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS