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U.S. Treasury Freezes Production, Sales of all American Gold Coins

By Mike Adams, October 9, 2008 | Key concepts: Gold coins, U.S. Treasury and Money supply

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The is the step before national gold confiscation: The U.S. Treasury has frozen all gold coin production as of October 8th, 2008. The mints have been ordered to stock selling all gold coins to consumers. Gold is now under assault by the U.S. government.

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U.S. Treasury Freezes Production, Sales of all American Gold Coins


From Dividend.com: Back in the 1930’s, President Franklin D. Roosevelt, recognizing the inherent value of a currency based upon gold, and looking to stabilize the U.S. dollar, ordered gold coins owned by American citizens to be confiscated. Americans that did not comply faced large fines and/or jail sentences. In order to protect coin collectors, the only exemptions from the confiscation were rare or otherwise special coins.... more

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