Very few people alive can remember the great “gold grab” of 1933.

That’s when President Franklin Roosevelt declared gold ownership to be illegal. Once he forced enough Americans to turn over their gold - in exchange for paper money - he revalued the price of the yellow metal from US$20.67 to US$35 an ounce.

What a rip-off!

That meant everyone was left - in the heart of the Depression, mind you - holding dollars that were worth a fraction of their former value.

Now, back then, most people didn’t hold gold coins. They held dollars that were “gold certificates.” They looked a lot like today’s greenbacks - except they were redeemable in gold - on demand.

Why would Roosevelt want to put a stop to this?

Simple. The government had issued far more of these gold certificates than there was gold to disperse. They painted themselves into a corner and were stuck!

So they did the only thing they could do - they simply voided the “gold contract” that was printed on the dollar (and every other gold contract - public or private). Problem solved.

But in doing so, the Feds created a massive headache for investors…

All of a sudden their gold certificates were worth a fraction of their former value. They had been duped! Paper gold was not gold after all. It was subject to government manipulation.

What does this have to do with 2009?

Well - once again, millions of investors have put their faith in paper gold. They’ve bought e-gold…mint certificates…and plenty of gold mining stocks.

Some of these investments have done remarkably well. And I wouldn’t advise anyone to sell all their “paper gold” holdings.

But I also strongly advise investors to hold certain types of physical gold. In times of a real crisis, nothing can provide more solid financial protection …

The Ghost of 1933 Returns

During the Great Depression, only one type of gold investment was exempted from confiscation.

And by confiscation - I don’t mean, “Pretty please hand over your gold.” Those who failed to turn over their metal could be fined US$10,000 and imprisoned for 10 years!

Given the choice between their gold and the pokey - millions of Americans parted with their gold…

Bullion bars were taken away…Double Eagle coins were turned over to authorities.

It was madness!

Could It Happen Again? Unfortunately, Yes…It Could

We’re in the middle of the worst recession since 1981-82. (Some might even call this environment a “soft depression” as banks are largely bankrupt.)

If the global financial system remains in tatters, gold could come under attack.

Should the government’s ongoing “stabilization efforts” fail; it would not surprise me to see gold top US$1,500…US$2,000 an ounce or more. And at that point, we would likely see some sort of concerted government action to freeze gold prices or even confiscate gold outright.

One thing is for sure - the Fed and its central bank buddies don’t want to see gold at these levels. Their actions could have a disastrous effect on gold exchange-traded funds, gold stocks…even gold coins.

That’s why I’ve raced to put together a report on the one form of gold (in the world!) that central bankers and panicked politicians simply CANNOT take away.

Not surprisingly - this rare form of gold is in short supply. (Heck, it’s been sold out or rationed for months.)

But a small quantity remains on the table for those who choose to grab it.

Save $600 an Ounce by Buying This Form of Gold

I don’t want to dedicate too much time to this Depression-era secret in this letter… because Executive Editor Justin Ford and I are putting together a special webinar (as we speak).

To be honest - we haven’t been this excited about gold in a while. Not only have we found a form of it that’s likely to be confiscation-proof. We’ve discovered a way you can get your hands on it and save up to US$600 an ounce!

If you’re perfectly happy with stocks - and trust the government to take care of your retirement and bank accounts, then this webinar is NOT for you.

However, if you’re suspicious of paper money - and the “dirty tricks” governments use to protect it…or if you’re curious about gold and want to know how and where to get some - and save US$600 an ounce in the process - then this FREE online event is definitely for YOU.

There’s just one catch… In order to attend, you need to sign up in advance.

To find out how and when you can tune in - simply click here.

Talk to you tomorrow,
Eric Roseman,
Investment Director,
The Sovereign Society

P.S. We can only accommodate so many viewers for this free webinar, so I urge you to reserve your spot now so you don’t miss out. Remember sign up is free, and it takes just a minute to register. Click here to sign up.