FDR- confiscated the gold. Some relatives at the time used the numismatic loophole to maintain assets in gold and by the 70’s were able to have a comfortable retirement. They were the same ones who were making moonshine brandy out of raisins and beet sugar earlier. Johnson takes silver out of the coinage and Nixon takes us off the gold standard. The next generation pulls every cent of 90% silver coins out of circulation making a big profit when the Hunt brothers try to corner the silver market years later. Not sure what the solution will be when the next currency house of cards caves in, but I think it is coming soon.
FDR- confiscated the gold. Some relatives at the time used the numismatic loophole to maintain assets in gold and by the 70’s were able to have a comfortable retirement. They were the same ones who were making moonshine brandy out of raisins and beet sugar earlier. Johnson takes silver out of the coinage and Nixon takes us off the gold standard. The next generation pulls every cent of 90% silver coins out of circulation making a big profit when the Hunt brothers try to corner the silver market years later. Not sure what the solution will be when the next currency house of cards caves in, but I think it is coming soon.