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Jan 26, 2023 15 min

When the Banks Close

from Beat the Reset

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 Instagram

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When the Banks Close

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This episode was published on January 26, 2023.

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