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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
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