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No. Private ownership of gold is now completely legal.
However, if the gold is in the form of certain coins (e.g. 1933 double eagles) that are considered to be government property, the answer is not so clear. There's been a lot of litigation over the ownership of some gold collectibles, and at least as of 2011 no definitive rulings have been handed down.
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In addition to the gems and gold what else did the dwarves confiscate?
Mithril
Can the government confiscate gold kept in a bank safe deposit if the bank fails?
Yes. The Government can confiscate any property that belongs to the bank that failed (including buildings, gold bars and other assets) and use it to pay off the money they owe to other customers who have deposited money with the failed bank. Any bank that accepts deposits has a moral responsibility to return the money deposited with them by the customers. And if they fail to do so, the government can interfere to help out the customers
Who bought gold from Barrick Gold Corporation?
Us government
Is it true that the government should have the authority to confiscate a person's property for public good?
yes
Why does US government store its gold supply and not sell it?
large number of supply decreases the gold rate
How much money does the US government gives to the gold medallist?
None
Is there any gold in fort knox and if there is does anyone know how much and who it belongs to?
Short answer: The treasury estimates 147.6 million ounces of gold are held at Fort Knox. The US government owns it. Both of those answers are controversial. Long answer:In 1933, the US government, on order of President Roosevelt, undertook to confiscate most of the gold owned by US citizens and exchange it for paper dollars within two weeks. Safety deposit boxes and vaults were sealed. Subsequently, US citizens were not allowed to own most forms of gold. The paper dollars were soon worth far less than the gold they were traded for. If that action is considered legal, the US government now owns the gold in Fort Knox. The vault was used to hold the treasure beginning in 1937. Before World War II, there were 649.6 million ounces of gold in Fort Knox. The treasury now estimates that only 147.6 million ounces remain. However, the gold has not been inventoried since the 1950's. Some believe there is far less gold in Fort Knox. In 1971, the US abandoned the last remnants of the gold standard. US dollars are now fiat currency, not backed by gold or any other commodity.
Can government confiscate gold in safety deposit box?
It depends on whose safety deposit box we are talking about here. If it belongs to someone who has defaulted on payments that are legally due to another person or if it belongs to an anti-social element (like a terrorist) the government can confiscate the contents of the safety deposit box (Irrespective of whether it has gold or silver or cash) Also, the government can confiscate the safety deposit box contents of a bank that has failed/gone bankrupt in order to raise funds to pay the deposit customers who have deposited money with the bank.
What is a sentence using confiscate?
I am going to confiscate your drugs.
When was gold 35 per ounce?
The US government regulated the price of gold at $35 an ounce from 1934 to 1971.
How much gold does the US have?
As of October 2017 the U.S. Government Gold Reserve had 261,498,926.241 fine troy ounces.
How did the US government make the American public have confidence in the nation's currency in the 1870S's?
The government adopted the gold standard.
