Executive Order 6102 under FDR that led to widespread gold confiscation in the United States.

Julian Fahrer:

Ninety-one years ago today, President Franklin D. Roosevelt pulled off the greatest heist in American history.

Unlike most robberies, this one was entirely legal. No safe-cracking was required; no ski masks, guns, or getaway cars. Just a pen and some White House letterhead.

On April 5 1933, FDR issued Executive Order 6102, making it illegal for anyone in the United States to own gold. By penalty of up to a $10,000 fine or 10 years in prison, everyone in the country was ordered to turn in their gold to the government, by the end of the month.1


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