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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Chispas who wrote (21997)1/23/2005 4:01:40 PM
From: Tommaso  Read Replies (1) of 116555
 
I am afraid that's a paranoid rewriting of history. FDR outlawed private gold ownership and confiscated all the gold, and gold exports were stopped, in early 1933. The price of gold was not raised until some time later. Nobody leaked news of the change in the gold price to supreme court justices, etc.

But it's interesting as it reflects a certain frame of mind about gold.
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