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The Next Gold Confiscation: What It Could Look Like—and How to Avoid It

  • Writer: johnwick
    johnwick
  • Jun 4
  • 2 min read
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In 1933, during a time of crisis, President Franklin D. Roosevelt signed Executive Order 6102. It forced Americans to hand over their privately held gold to the government—under threat of prison or a massive fine. It was a historic act of wealth confiscation, cloaked in the language of national emergency.

Today, many wonder: Could it happen again?

Let’s be clear—outright confiscation like in 1933 is unlikely. Times have changed. The U.S. is no longer on a gold standard, and very few citizens today even own physical gold, let alone understand its value. The political and logistical cost of enforcing such a law would far outweigh the returns.

But that doesn’t mean your gold is safe.


A New Kind of Confiscation: The Stealth Wealth Grab

If history teaches us anything, it’s that governments under financial pressure will find creative ways to extract wealth from their citizens. Today, the most effective way is silent and continuous: inflation. By printing money and debasing the currency, the government transfers purchasing power away from savers—without ever needing to knock on your door.

But the next wave of wealth confiscation may not be so quiet.

One of the most realistic threats gold investors face now is a windfall-profits tax.


The “Fair Share” Tax on Gold

Think it sounds far-fetched?

In 1980, Congress enacted the Crude Oil Windfall Profit Tax Act, targeting oil producers with a massive 70% tax on profits that politicians deemed “excessive.” There was no fixed definition of “windfall”—only what the government decided at the time was unfair.


It’s not hard to imagine a similar tactic used against gold.

Picture this: gold prices skyrocket due to inflation, geopolitical turmoil, or a currency crisis. In the name of “fairness” or “protecting the people,” Congress rolls out the Gold Windfall Profit Tax Act, slapping investors with a 70%+ tax on gains.

It’s politically expedient, emotionally appealing, and devastating to those who thought they were preserving their wealth.


How to Protect Yourself—Legally and Smartly

Let’s face it—moving to another country or renouncing citizenship isn’t realistic for most people. Fortunately, there’s a practical and powerful step you can take right now from your own living room:


Own gold through a Roth IRA.

Here’s why:

  • A Roth IRA is a tax-free growth environment.

  • All gains inside the account are shielded from future taxes—even “windfall” ones.

  • Withdrawals in retirement are 100% tax-free.

  • Politically, Roth IRAs are harder to target because the taxes are already paid up front.


By holding physical gold or gold-backed investments within a Roth IRA, you become a harder target for future expropriation schemes. It’s a simple move—but a crucial one in uncertain times.


Protect Your Gold with Expert Guidance

At Income from Gold, we believe in taking control of your financial destiny. That’s why we highly recommend checking out a new video featuring legendary investor Doug Casey, where he outlines his proven strategies to:

  • Protect your gold from government overreach,

  • Guard against inflation and bank failures,

  • And legally store your wealth offshore or in tax-advantaged vehicles.

If history repeats—or even rhymes—you’ll want to be one step ahead.

Don’t wait for the next crisis to make your move. Learn how to secure your gold now—and ensure that what’s yours stays yours.

 
 
 

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