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Will gold ownership be illegal again like it was in 1933 when President Rosevelt issued executive or
Executive Order �Establishing the Office of Scientific Research and Development in the Executive Office of the President and Defining Its Functions and. Executive Order is an executive order signed on April 5, , by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States.". Executive Order was signed by U.S. President Franklin D. Roosevelt on April 5, , prohibiting the hoarding of gold coins, gold bullion.

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Source: David Glick article from Princeton University The reason is, The transition from a gold-backed system to a fiat-backed system amounts to a soft communist revolution , as the "tangible" capture of gold is replaced by the "intangible" capture of wealth through money printing Foundation. Progressives Celebrate. A US government all encompassing Ponzi scheme is something we should think about and consider. The reasoning was to prevent people from hoarding the gold, while the cost of living and inflation increased. According to CBDCtracker.