Originally Posted by certifiedfunds
Slow down. EO6102 seized gold. Unilaterally...
And my grandfather gave them the middle finger and held 100% of his small stash of gold coins.
He earned that gold farming and raising cattle.
He was able to sell a few of those coins into the gray market near the end of the depression to buy real estate and thereby multiplied his small net worth many times over.
As he had severe debilitating arthritis by then he was able to throttle back and do what he wanted the remainder of his life, like spending more time with his sons and grandchildren.
He laughed when he told me this.