The Gold Recall Of 1933
Lear Capital explores the 1933 Executive Order by FDR prohibiting private gold ownership. Lear explores the facts surrounding the order: 1) Private ownership of certain quantities of gold was restricted 2) The Recall Order did not apply to "rare" or "unusual" coins 3) The US Treasury determined what was "rare" or "unusual" 4) In 1974 the order was repealed. Lear believes that the possibility of another Gold Recall Order is unlikely but strives to keep consumers informed about all aspects of the gold marketplace.