Executive Order 6102 Seized All Gold

 We think it's interesting to see these financial gurus telling Americans to "buy gold, buy silver and buy Crypto if you are planning on surviving the upcoming crash of everything!" 

About 90 years ago when the crash of everything actually did happen (The Great Depression) the US Government came up with a plan to come up with some money to keep going.  They issued Executive Order 6102 and made it illegal to own gold or silver.  

Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States." The executive order was made under the authority of the Trading with the Enemy Act of 1917, as amended by the Emergency Banking Act in March 1933.

The limitation on gold ownership in the United States was repealed after President Gerald Ford signed a bill legalizing private ownership of gold coins, bars, and certificates by an Act of Congress, codified in Pub. L.Tooltip Public Law (United States) 93–373,[1] which went into effect December 31, 1974.

Rationale

The stated reason for the order was that hard times had caused "hoarding" of gold, stalling economic growth and worsening the depression as the US was then using the gold standard for its currency.[2][3]

On April 6, 1933, The New York Times wrote, under the headline Hoarding of Gold, "The Executive Order issued by the President yesterday amplifies and particularizes his earlier warnings against hoarding. On March 6, taking advantage of a wartime statute that had not been repealed, he issued Presidential Proclamation 2039 that forbade the hoarding 'of gold or silver coin or bullion or currency', under penalty of $10,000 fine or ten years' imprisonment or both."[4]

The main rationale behind the order was actually to remove the constraint on the Federal Reserve preventing it from increasing the money supply during the depression. The Federal Reserve Act (1913) required 40% gold backing of Federal Reserve Notes that were issued. By the late 1920s, the Federal Reserve had almost reached the limit of allowable credit, in the form of Federal Reserve demand notes, which could be backed by the gold in its possession (see Great Depression).

Effects

Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $467 in 2022)[5] per troy ounce. Under the Trading with the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, a violation of the order was punishable by fine up to $10,000 (equivalent to $226,000 in 2022),[5] up to ten years in prison, or both.

Here;  Executive Order 6102 - Wikipedia

So if your plan is to run around the USA trading gold for food, weapons, bullets and medicine IF AND WHEN the collapse happens, we believe it's not going to be a viable plan.  We believe the Government might very well re-enact this Executive Order and tell everyone they have to turn in all gold coins, gold bullion and gold notes under penalty of massive fines and/or harsh prison sentence.

So the day you pull out your gold coin to buy some bullets from a neighbor and that neighbor knows he can collect a $200,000 reward for turning you in...you will have a very tough time spending your gold coins on necessities. 

So lots of folks today are hoarding up their treasure in sliver and gold but God's word tells us it won't help

Zephaniah 1:18

Neither their silver nor their gold will be able to save them on the day of the Lord’s wrath.”