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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (10591)	4/24/1998 11:53:00 PM
From: Enigma	Read Replies (1) \| Respond to of 116764

Alan - my last message didn't go through. I pointed out that by 1935 it was illegal for US Citizens to own gold - they had to turn in to the government. I think they got about $32/oz for it, and the price was later pegged at $35/oz officially until 1971. It was also illegal to issue debentures backed by gold, and this was the case in Canada too, and may still be so. I don't know what penalties were in force for non-compliance - but it couldn't be traded so this was penalty enough.