Transfer Your 401k To Gold With NO Penalty

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United States Congress. Act of April 12, 1866 Chapter XXXIII. Soon after personal possession of gold was banned in 1933 (a ban that could be lifted in 1974), all the remaining varieties of circulating foreign money, National Financial institution Notes, silver certificates, Federal Reserve Notes, and United States Notes, have been redeemable by individuals only for silver. Nonetheless, Secretary of the Treasury McCulloch argued that the Legal Tender Acts had been struggle measures, and that the United States ought to soon reverse them and return to the gold customary. February 25, 1862, into regulation, authorizing the issuance of United States Notes as a legal tender-the paper forex soon to be generally known as "greenbacks".


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