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It is legal to own gold bullion in the United States. Between 1933 and 1974, however, American citizens were not allowed to own gold without a license. These restrictions were lifted in 1975, since which time gold possession has been legal. Coin Gallery: Legal Issues and Gold Northwest Territorial Mint: Precious Metals Frequently Asked QuestionsReferences:
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Gold will hit $2400/oz. You were told this back when it was $600, now it's at $1800. When will you learn?
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