Breaking it Down: Let's have a conversation about the 1933 Gold Seizure.
Welcome to 'Breaking It Down,' where we embark on an enlightening journey into the world of futures, commodities, bonds, equities and more! In this edition, we shift our spotlight to the gold seizure.
The 1933 gold seizure in the United States was a significant event in the country's economic history.
Background - Economic Crisis and Gold Standard Abandonment:
The Great Depression had severely impacted the U.S. economy, leading to widespread unemployment and financial instability.
To supposedly combat the economic crisis(wink wink say no more, take my g…