Thread

1. andy_ppp · 1789588431 · focus · HN ↗

   So, during the Great Depression who ended up doing well? What can be applied to today?

   1. TheJoeMan · 1789589761 · focus · HN ↗

      Unfortunately, during that time is when they screwed around with the gold confiscations. So the best option would have been to illegally hoard gold until they struck the statute down?

      1. AnimalMuppet · 1789591264 · focus · HN ↗

         Oof. Private gold ownership was illegal until 1975. So, you have to hide it for 40+ years? That investment strategy has some significant downsides...

         1. aftbit · 1789595134 · focus · HN ↗

            I'm shocked that more people don't know about this. It seems insane that the "land of the free" (yeah I know, not really, but that's the pitch anyway) would have such an obviously command-economy policy through the heart of the cold war.

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