Homestead mailing list

[bob ford <bobford79 AT yahoo.com>]

James, another idea that goes along with this, is that becasue of gov't 
controls you can not carry more than $10,000 US across borders.  Howver there 
are goldbugs who get around this becuase they use American Eagles or 
buffalos, which are denominated into USD at a much lower rate than actual 
gold value.  It has been a topic of converstaion of goldbug boards for years. 
 It is surprising how many people on these type boards crisscross different 
national borders on a regular basis................


----------------------------------------------------------------


--- On Sun, 12/7/08, Clansgian AT wmconnect.com <Clansgian AT wmconnect.com> wrote:

> From: Clansgian AT wmconnect.com <Clansgian AT wmconnect.com>
> Subject: Re: [Homestead] gold back currency anyone?
> To: bobford79 AT yahoo.com
> Date: Sunday, December 7, 2008, 10:51 AM
> > >That makes sense.  Do you offhand know of the law
> that says a contract 
> > based on gold is void?    I am somewhat a fan of the
> cartoonist R. Crumb (Fritz 
> > the Cat).  A few years ago, he traded, using a legal
> contract, his 'notebook' 
> > of drawings for an estate in France.  No currebcy of
> any kind was used. 
> 
> "The limitation on gold ownership in the U.S. was
> repealed after President <A
> HREF="http://en.wikipedia.org/wiki/Gerald_Ford";>
> Gerald Ford</A> signed a bill legalizing private
> ownership of gold coins, bars and 
> certificates by an act of Congress codified in <A
> HREF="http://en.wikipedia.org/wiki/Public_law_%28United_States%29";>Pub.L.</A>
> 93-373 <A
> HREF="http://thomas.loc.gov/cgi-bin/bdquery/z?d093:SN02665:@@@L&summ2=m&%7CTOM:/bss/d093query.html%7C";>[1]</A>
> <A
> HREF="http://www.fdic.gov/regulations/laws/rules/5000-200.html";>[2]</A>
> which went 
> into effect <A
> HREF="http://en.wikipedia.org/wiki/December_31";>December
> 31</A>, <A
> HREF="http://en.wikipedia.org/wiki/1974";>1974</A>.
> P.L. 93-373 does not repeal the <A
> HREF="http://en.wikipedia.org/w/index.php?title=Gold_Clause_Resolution_of_1933&action=edit&redlink=1";>Gold
> Clause 
> Resolution of 1933</A>, which makes unlawful any
> contracts which specify payment in 
> a fixed amount of money or a fixed amount of gold. That is,
> contracts are 
> unenforceable if they use gold monetarily rather than as a
> commodity of trade."
> 
> http://en.wikipedia.org/wiki/Executive_Order_6102
> 
> 
> --------------------
> 
> You will find a lot of gold-o-philes who say that a supreme
> court case in 
> 1977 established that 'gold clause' contracts were
> made legal again.  Not true.  
> This was only a case involving whether gold was being use
> in a monetarialy or 
> not.
> 
> 
> James