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| 1. |
What is hoarding and why it is illegal |
| Answer» HOWEVER, if the speculator's intent is to corner or otherwise MONOPOLIZE a commodity, then it may be considered an illegal ACT. In 1933, owning more than $100 worth of gold became a criminal act called hoarding, but holding/hoarding as much gold as you can afford to buy was LEGALIZED again in 1974. | |