Gold is a real asset until it's not. From 1933 to 1974 it was illegal for U.S. citizens to own gold in the form of gold bullion, without a special license. On January 1, 1975, these restrictions were lifted and gold can now be freely held in the U. S. without any licensing or restrictions of any kind. During extreme crises, governments can also seize people’s gold. There have been some
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