Silver confiscation order from 1934

[Ardent Listener]

Silver confiscation order from 1934
Here is the link to the actual order from the secretary of the Treasury.

They only went after those holding 50,000 ounces of Silver or more and/or more than "two" futures contracts.

This is a far cry from the order given by the President.


http://www.silver-investor.com/charless ... silver.pdf

[BOHICA]

Have you noticed how all of these new TV shows are bringing a bad name to "Hoarders"?

[Ardent Listener]

Yes, I have. And they will probably come out with a medication for penny and nickel hoarding soon. Of course hoarding 1,000 used pizza boxes in your living room is rather odd to say the least. And that is coming from a guy with almost two tons of nickels.

[frugalcanuck]

just like the negative connotation for conspiracy

[misteroman]

man most of them are from NY or PA. only 2 from wny

[Neckro]

How is investing in PM's hoarding? There is no difference between investing in them and stocks.

[Rodebaugh]

I would hoard cats if there was profit, beyond the love of 73 feline friends, to be had.

[Sheikh_yer_Bu'Tay]

50,000 ounces of silver? KA-CHING!! Wouldn't you like to hold that much right now?

2 TONS OF NICKELS?! Wow! Impressive!

Yes, under a national emergency, the Federal gov. can take anything it wants. They can take your ___fill_in_the_blank____ anything if it fits their needs.

Hoard cats for profit? It has been done before. Ever wonder how they came up with the idea of using cat guts for medical stiches and violin strings? Must have come from an intense hatred of cats!

[Radiant]

50,000 ounces of silver? KA-CHING!! Wouldn't you like to hold that much right now?

2 TONS OF NICKELS?! Wow! Impressive!

Yes, under a national emergency, the Federal gov. can take anything it wants. They can take your ___fill_in_the_blank____ anything if it fits their needs.

Hoard cats for profit? It has been done before. Ever wonder how they came up with the idea of using cat guts for medical stiches and violin strings? Must have come from an intense hatred of cats!

yeah it would be nice to hold it if you can hold 3,125LBS

[Sheikh_yer_Bu'Tay]

50,000 ounces of silver? KA-CHING!! Wouldn't you like to hold that much right now?

2 TONS OF NICKELS?! Wow! Impressive!

Yes, under a national emergency, the Federal gov. can take anything it wants. They can take your ___fill_in_the_blank____ anything if it fits their needs.

Hoard cats for profit? It has been done before. Ever wonder how they came up with the idea of using cat guts for medical stiches and violin strings? Must have come from an intense hatred of cats!

yeah it would be nice to hold it if you can hold 3,125LBS

Be careful, Radiant! That is 50,000 Troy ounces. There are 14 Troy ounces (ozt) in a Troy pound.

50,000 ozt/ 14 ozt = 3,571.42 Troy pounds.

This little difference is how cheaters on feeBay hoodwink people into buying less silver than is advertised. They will show a photo of silver scrap on a scale, using normal pounds,and then sell it at spot in ozt price units.

Yeah, I know, I could not hold it... but I'll betcha I could hug it!

[beauanderos]

Silver confiscation order from 1934
Here is the link to the actual order from the secretary of the Treasury.

They only went after those holding 50,000 ounces of Silver or more and/or more than "two" futures contracts.

This is a far cry from the order given by the President.


http://www.silver-investor.com/charless ... silver.pdf

Uh, oh. Guess I'm in trouble then

[beauanderos]

I would hoard cats if there was profit, beyond the love of 73 feline friends, to be had.

Then, Chris, you'll love this... http://www.catsforgold.com/

[Rodebaugh]

I would hoard cats if there was profit, beyond the love of 73 feline friends, to be had.

Then, Chris, you'll love this... http://www.catsforgold.com/

Thanks for the link....it made my day

[Neckro]

... There are 12Toz in 1 Tpound

[Sanford02]

I would hoard cats if there was profit, beyond the love of 73 feline friends, to be had.

73?? you set your aim too low. The real cat hoarders gain 73 in a day just from new births.

[Sheikh_yer_Bu'Tay]

... There are 12Toz in 1 Tpound

Well, darn. I shoulda looked it up before I opened my big mouth. Thanks, Neckro.

[rainsonme]

I am not excessively paranoid (by my own assessment), but I think buying and selling physical silver or gold at some point in the future, should be done in the quantities that don't require recording, and don't bring attention. For me, this means that the lower denomination coins, 50cents and below, are the sweet spot (for me). Who will ever know what I have in my basement?

[Ardent Listener]

Us.

[coppernickel]

Reading some old posts and I came to this. Boy was this a blast from the past, and it is still relevant.