A bill to permit citizens of the united States to buy, hold, and sell gold.

Summary

States that no provision of the Gold Reserve Act of 1934 or any other Act of Congress, and no regulation or order issued pursuant to any such Act, shall prohibit or restrict the acquisition, holding, or disposition of gold by any citizen of the United States. Provides that domestic refiners of new or primary gold shall make available and offer for sale 10 percent of their quarterly new or primary gold output to the Secretary of the Treasury at the offical price of $38 per fine troy ounce, and that he shall accept or reject in whole or in part such gold offered in the same quarterly period in which the offer is made.

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Documents

1 official file

• Introduced in Senate

  summary · EN · 16 January 1973

  Open at official source

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