--- title: "Meaning & Key Takeaway of: On August 28, 1933, Roosevelt signed…" description: "\"On August 28, 1933, Roosevelt signed Executive Order 6260, outlawing the constitutional right of U.S. citizens to own gold.\" — Michael Maloney" image: "https://sms4smile.com/quotes/i/8ae/michael-maloney-46108_august_on-august-28-1933-roosevelt-signed-execu_2103120.png" --- # On August 28, 1933, Roosevelt signed Executive Order 6260… ![“On August 28, 1933, Roosevelt signed Executive Order 6260, outlawing the constitutional right of U.S. citizens to own gold.” quote by Michael Maloney](https://sms4smile.com/quotes/i/8ae/michael-maloney-46108_august_on-august-28-1933-roosevelt-signed-execu_2103120.png) [Download](https://sms4smile.com/quotes/i/8ae/michael-maloney-46108_august_on-august-28-1933-roosevelt-signed-execu_2103120.png) [Open image](https://sms4smile.com/quotes/i/8ae/michael-maloney-46108_august_on-august-28-1933-roosevelt-signed-execu_2103120.png) > “On August 28, 1933, Roosevelt signed Executive Order 6260, outlawing the constitutional right of U.S. citizens to own gold.” [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Roosevelt prohibited private gold ownership, reshaping monetary policy and personal wealth rights. **In simple terms:** Gold ownership was banned by the government. Key Takeaway Understand how policy can restrict personal assets. Themes economics government property rights Mood controversial historical Type political educational When to use this quote - collectors - investors - historical research - legal analysis Key Concepts monetary policy civil liberties Questions to Reflect On - What are modern parallels to restricting personal assets? - How does government control of wealth affect trust? A Different Perspective The ban was later repealed, showing policy can reverse. ★ ★ ★ ★ ★ No ratings yet [1933 Roosevelt](https://sms4smile.com/quotes/about/1933-roosevelt-4211254/) [6260 Outlawing](https://sms4smile.com/quotes/about/6260-outlawing-4211252/) [August](https://sms4smile.com/quotes/about/august/) [Citizens](https://sms4smile.com/quotes/about/citizens/) [Executive orders](https://sms4smile.com/quotes/about/executive-orders/) [Executives](https://sms4smile.com/quotes/about/executives/) [Gold](https://sms4smile.com/quotes/about/gold/) [Order](https://sms4smile.com/quotes/about/order/) [Outlawing](https://sms4smile.com/quotes/about/outlawing-3250762/) [Outlawing Constitutional](https://sms4smile.com/quotes/about/outlawing-constitutional-4211253/) [Roosevelt Signed](https://sms4smile.com/quotes/about/roosevelt-signed-1225092/) ## Related quotes > [President Theodore Roosevelt, who signed the Antiquities Act into law, created 18 monuments, including the Grand Canyon and Olympic National Park in Washington, totaling…](https://sms4smile.com/quotes/tatiana-schlossberg/president-theodore-roosevelt-who-signed-the-antiquities-act-into-law/) [Tatiana Schlossberg](https://sms4smile.com/quotes/author/tatiana-schlossberg/) > [“All too often the people of our culture think they’re really doing something if they’re out there fighting bad things and getting laws passed.…](https://sms4smile.com/quotes/daniel-quinn/all-too-often-the-people-of-our-culture-think-they-re-really-doing/) [Daniel Quinn](https://sms4smile.com/quotes/author/daniel-quinn/) > [Outlawing religion form the political arena is not what the Founding Fathers intended when they drafted the First Amendment. We do a grave disservice…](https://sms4smile.com/quotes/bill-bright/outlawing-religion-form-the-political-arena-is-not-what-the-founding/) [Bill Bright](https://sms4smile.com/quotes/author/bill-bright/) > [“the powers that be have a way of outlawing many beautiful things made by ordinary people. 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Lewis](https://sms4smile.com/quotes/author/c-s-lewis/) > [I ended Affirmative Action by executive order and replaced it with a leadership model that created more opportunities for African-American and Hispanic students.](https://sms4smile.com/quotes/jeb-bush/i-ended-affirmative-action-by-executive-order-and-replaced-it-with-a/) [Jeb Bush](https://sms4smile.com/quotes/author/jeb-bush/) > [It's important to use executive orders. Every president since Washington has.](https://sms4smile.com/quotes/tim-kaine/it-s-important-to-use-executive-orders-every-president-since/) [Tim Kaine](https://sms4smile.com/quotes/author/tim-kaine/) > [A petition to have Justin Bieber deported got over 100,000 signatures, which means the White House now has to legally rule on it. So…](https://sms4smile.com/quotes/jay-leno/a-petition-to-have-justin-bieber-deported-got-over-100-000-signatures/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [Within two weeks of moving into the White House, Obama signed a series of executive orders championed by union bosses. The new rules authorized…](https://sms4smile.com/quotes/michelle-malkin/within-two-weeks-of-moving-into-the-white-house-obama-signed-a-series/) [Michelle Malkin](https://sms4smile.com/quotes/author/michelle-malkin/) > [Stacks of job-killing Executive Orders and regulations from the Obama era need to be repealed or rolled back. At the top of the stack…](https://sms4smile.com/quotes/stephen-moore/stacks-of-job-killing-executive-orders-and-regulations-from-the-obama/) [Stephen Moore](https://sms4smile.com/quotes/author/stephen-moore/) > [Since his inauguration, Trump has signed numerous executive orders that negatively impact poor, black and brown, queer, Muslim, and other communities.](https://sms4smile.com/quotes/patrisse-cullors/since-his-inauguration-trump-has-signed-numerous-executive-orders/) [Patrisse Cullors](https://sms4smile.com/quotes/author/patrisse-cullors/) > [ My first \[executive orders as a President\] would be to get rid of a lot of the executive orders, especially on the border where… ](https://sms4smile.com/quotes/donald-trump/my-first-executive-orders-as-a-president-would-be-to-get-rid-of-a-lot/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [American businesses are looking for are certainty and executive orders don't really get them that.](https://sms4smile.com/quotes/eric-bolling/american-businesses-are-looking-for-are-certainty-and-executive/) [Eric Bolling](https://sms4smile.com/quotes/author/eric-bolling/) > [My argument is focused on the fact that a relatively small percentage of the world's Muslim countries are impacted by this order. Stated differently,…](https://sms4smile.com/quotes/david-b-rivkin/my-argument-is-focused-on-the-fact-that-a-relatively-small-percentage/) [David B. Rivkin](https://sms4smile.com/quotes/author/david-b-rivkin/) ## More by Michael Maloney > [The easiest way to buy silver was to take a paper dollar to the bank and ask for change. So much coinage was disappearing…](https://sms4smile.com/quotes/michael-maloney/the-easiest-way-to-buy-silver-was-to-take-a-paper-dollar-to-the-bank/) [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) > [There are basically two kinds of tax, the kind the masses can see, and the kind they can't. The inflation tax is of the…](https://sms4smile.com/quotes/michael-maloney/there-are-basically-two-kinds-of-tax-the-kind-the-masses-can-see-and/) [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) > [Gold and Silver have been the predominant currency for 4,500 years, but they became money in Lydia, in about 680 B.C. When they were…](https://sms4smile.com/quotes/michael-maloney/gold-and-silver-have-been-the-predominant-currency-for-4-500-years/) [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) > [It's not what the price of gold is that matters, but rather how much stuff it will buy.](https://sms4smile.com/quotes/michael-maloney/it-s-not-what-the-price-of-gold-is-that-matters-but-rather-how-much/) [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) > [Ever since the Federal reserve was born, (in 1913) we have been living under a lie.](https://sms4smile.com/quotes/michael-maloney/ever-since-the-federal-reserve-was-born-in-1913-we-have-been-living/) [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) > [If you jump into a market when everyone else is doing the same thing, you're probably too late. On the other hand, if you…](https://sms4smile.com/quotes/michael-maloney/if-you-jump-into-a-market-when-everyone-else-is-doing-the-same-thing/) [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) > [You can never really own real estate for instance; if you think you can, just try not paying your property taxes for a few…](https://sms4smile.com/quotes/michael-maloney/you-can-never-really-own-real-estate-for-instance-if-you-think-you/) [Michael Maloney](https://sms4smile.com/quotes/author/michael-maloney/) [Explore all 8 Michael Maloney quotes ](https://sms4smile.com/quotes/author/michael-maloney/) ## More August quotes > [On the McLaughlin Report, August 26, 1990: 'There are only two groups that are beating the drums for war in the middle East, the…](https://sms4smile.com/quotes/pat-buchanan/on-the-mclaughlin-report-august-26-1990-there-are-only-two-groups/) [Pat Buchanan](https://sms4smile.com/quotes/author/pat-buchanan/) > [Meanwhile after failing the bar twice, I knew some people in New York and moved here in August '71.](https://sms4smile.com/quotes/robert-quine/meanwhile-after-failing-the-bar-twice-i-knew-some-people-in-new-york/) [Robert Quine](https://sms4smile.com/quotes/author/robert-quine/) > [I had the advantage, that I know Swedish. So I had the Swedish book and I had a lot of English translations, and German…](https://sms4smile.com/quotes/liv-ullmann/i-had-the-advantage-that-i-know-swedish-so-i-had-the-swedish-book-and/) [Liv Ullmann](https://sms4smile.com/quotes/author/liv-ullmann/) > [I love the little garden in the back of my family's brownstone in Brooklyn. Digging out there in the dirt is a joy for…](https://sms4smile.com/quotes/siri-hustvedt/i-love-the-little-garden-in-the-back-of-my-family-s-brownstone-in/) [Siri Hustvedt](https://sms4smile.com/quotes/author/siri-hustvedt/) > [I can see that I imagine all kinds of rejection that never happens. I can see that I beg and plead for love that…](https://sms4smile.com/quotes/elizabeth-wurtzel/i-can-see-that-i-imagine-all-kinds-of-rejection-that-never-happens-i/) [Elizabeth Wurtzel](https://sms4smile.com/quotes/author/elizabeth-wurtzel/) > [August depresses me a little. I don't even feel like eating. And when I don't eat, that's a sure sign of stagnation.](https://sms4smile.com/quotes/willard-scott/august-depresses-me-a-little-i-don-t-even-feel-like-eating-and-when-i/) [Willard Scott](https://sms4smile.com/quotes/author/willard-scott/) > [August, the summer's last messenger of misery, is a hollow actor.](https://sms4smile.com/quotes/henry-rollins/august-the-summer-s-last-messenger-of-misery-is-a-hollow-actor/) [Henry Rollins](https://sms4smile.com/quotes/author/henry-rollins/) > [ It \[August 10th 1792\] was the bloodiest day of the Revolution so far, but also one of the most decisive. ](https://sms4smile.com/quotes/william-doyle/it-august-10th-1792-was-the-bloodiest-day-of-the-revolution-so-far/) [William Doyle](https://sms4smile.com/quotes/author/william-doyle/) > [How sociable the garden was. We ate and talked in given light. 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