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Old 10-20-2003, 02:53 PM  
goBigtime
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Join Date: Nov 2002
Posts: 7,761
Can americans own gold?

Someone just walked in here saying they heard some doomsdayer on the old Art Bell show last night & the guy "Makes me want to buy gold"


I know in the 40's or something it was illegal for Americans to own gold other than for jewelry... but does that rule still apply to this date?

A friend of mine goes to switzerland once in awhile to visit his girlfriend out there & he's always telling me about their little bazooka joe bubble gum sticks of gold....



and how they are used "just like money" there


So can we own gold ingots like that? If not, what is/was the rule called that prevents us from it?
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