““If fraud is later detected, then the government has to decide if it’s worth trying to recover the stolen money.”

Political Quotes

On the recordJuly 19, 1962
Except under license issued therefor pursuant to the provisions of this order, no person subject to the jurisdiction of the United States shall, after the effective date of this section, acquire, hold in his possession, earmark, or retain any interest, legal or equitable, in any gold coin, gold certificates, or gold bullion, situated outside of the United States or any securities issued by any person holding, as a substantial part of his assets, gold as a store of value or as, or in lieu of, money and not for a specific and customary industrial, professional or artistic use.
Said by
John Fitzgerald Kennedy
Democratic · Massachusetts
Source
presidency.ucsb.edu

Editor's note · Context

Executive Order 11037—Amendment of Section 12 of Executive Order No. 6260 of August 28, 1933, as Amended

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