Government Confiscation of Gold: It Happened Before — Could It Happen Again?

Government Confiscation of Gold: It Happened Before — Could It Happen Again. Our nation was founded with the sacred words, “We hold these truths to be self-evident, that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty and the pursuit of happiness.”. But in 1933, all that was shattered if by “pursuing happiness,” you chose to pursue gold.