Commodities
The 1933 Gold Grab Made Some Investors Rich. Could It Happen Again? Phillip Magness
Date: 2026-08-14 10:45:02
In 1933, Washington seized private gold and devalued the dollar, and the investors who moved their money abroad “made bank”. Nearly a century later, the US still holds its gold at $42 an ounce, and Congress is studying whether to revalue it. Economic historian Phillip Magness on what the last great gold reset can teach today’s investors.
Watch the full interview: https://youtu.be/-u-KGcXACFo
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