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On March 6th 1933, the president of the US (FDR) signed proclamation 2039, thus forcing the banks to close for 3 days. What followed was a series of major monetary system changes, leading to the Gold Confiscation Act 1933 and the Gold Reserver Act 1934, which would see physical gold (and eventually silver) returned to the banks, whilst the value of the currency would collapse by 59%. Find out how the common man responded.
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Things We Were Never Told About Money
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As Good As Gold
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On March 6th 1933, the president of the US (FDR) signed proclamation 2039, thus forcing the banks to close for 3 days. What followed was a series of major monetary system changes, leading to the Gold Confiscation Act 1933 and the Gold Reserver Act 1934, which would see physical gold (and eventually silver) returned to the banks, whilst the value of the currency would collapse by 59%. Find out how the common man responded.
My Latest Book
Things We Were Never Told About Money
Buy Gold & Silver
As Good As Gold
Support My Work
Buy Me A Coffee
Follow Me