Executive Order 6102

EVENTS | 1933

Criminalisation of Private Gold Ownership

Executive Order 6102 was a decree signed by U.S. President 02_ARCHIVE/05 people/Franklin D Roosevelt on April 5, 1933, which prohibited the "hoarding" of gold coin, gold bullion, and gold certificates within the continental United States.

The order required individuals to deliver their gold to a Federal Reserve Bank by May 1, 1933, in exchange for paper currency. The primary goal was to devalue the dollar and increase the money supply to combat the Great Depression by increasing price inflation, eventually leading to a new official price for gold.

Roosevelt criminalised private gold ownership, a measure that was enacted as part of broader strategies that systematically aimed to bring money and public debt under the control of a strictly limited commodity, typically a gold standard, and transfer responsibility for monetary affairs from government oversight to private banking institutions.

The criminalisation of private gold ownership facilitated the confiscation and consolidation of global wealth, a primary mechanism of financial control involving the deliberate creation of periods of inflation and deflation.

This approach was implemented during an era characterised by engineered boom-bust cycles, fostering a debt-based economy and contributing to mass inflation. This systematic accumulation of national debt is perceived not as a result of incompetence, but rather an intentional strategy to assert control over nations.