gold

  1. The Archetype

    "In God We Trust"

    On April 22, 1864, the U.S. Congress passed the Coinage Act of 1864 with the mandate that the inscription In God We Trust be placed on all coins minted as United States currency. These words were placed on American coins at this time due to an increase in religious sentiment during the Civil...
  2. Anomaly

    Executive Order 6102

    President Franklin D. Roosevelt signed Executive Order 6102 on April 5, 1933. This order forbade the "hoarding of gold coin, gold bullion, and gold certificates" by United States citizens. Violators of the order faced a fine of up to $10,000 (nearly $200,000 in today's money) or up to ten years...
  3. A Measure of Wheat

    The Gold Standard

    On March 14, 1900, the Gold Standard Act was was ratified, which put the United States currency on the gold standard. The United States originally had established a silver standard and with the passage of the Coinage Act of 1792, legal tender status was given to both gold and silver. Many...
  4. The Archetype

    Beware Fake Gold American Eagle Coins

    Just a few years ago, some goldbugs on various precious metals forums assumed that probably no one would ever go though the trouble of counterfeiting gold American Eagle bullion coins, simply becuase it would be too expensive and take too much effort to ever benefit the counterfeiter. Well, here...
  5. Anomaly

    The First Discovery of Gold in California

    On March 9, 1842, six years before the start of the California Gold Rush, the first documented discovery of gold in California was made at Rancho San Francisco, in an area that is present-day Santa Clarita (not to be confused with present-day San Francisco). The actual documented date for the...