>https://www.federalreservehistory.org/essays/gold_reserve_act
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The only reason in (only) increased 58% was FDR's mandated price manipulation via presidential proclamation (see same article in posted link).
FDR was compromised and in the pockets of the Rothschilds/Morgans/cabal. He was a CRIMINAL and a TRAITOR to his country, making repeated, unrelenting attempts to destroy the middle class, to curry favor with the cabal.
He:
1) legalized the FED
2) created the IRS
3) implemented INCOME TAX (on the middle class)
4) doubled the income tax
5) passed banking legislation that:
a. increased the required reserves for loans
b. resulted in loans being called-in (even current/good-standing loans) affecting farmers
c. resulting in large, corporation farms (owned by big banks) to buy up all the mortgaged farm land out from under hard hit farmers–at pennies on the dollar
d. drove small and medium-sized banks out of business, consolidating wealth to the top, big banks (you guessed it–owned by the cabal)
To spite what the revisionist historians write–FDR WAS A TRAITOR.
Remember–he "confiscated" citizen's gold–THEN increased the price. Why? 1) to rob the citezens' wealth and 2) to establish the $2Billion exchange-stabilization fund that is still in use today (a fund that is above the law–literally–and NOT overseen by any elected officials). Imagine that $2B value today–after 80+ years of "investments". Super-huge and totally off the radar.
True valuation estimations are all over the board, as it comes down to educated "guesses" based on a lot of variables. I offered up 8X as (in my humble opinion) a conservative guess–but my gut tells me the real free-market value (based on the ocean of corrupt, global financial manipulation and impending market CRASH) is higher.
I don't buy the notion propagated by Lynett Zang (see YouTube) and others that gold confiscation will happen again this time. She happens to sell "numismatic coins" ("Numismatic coins are essentially rare or valuable coins that have an external value above and beyond the base value of the precious metal"), which she claims are "safe from confiscation" due to their type. In 1932, citizens had and kept gold coins–unlike today–so there is nothing to confiscate in comparison.
If a citizen did not comply with the confiscation and held their gold, the value increase was almost 60% overnight (again, through presidential proclamation).
sauce: https://www.youtube.com/watch?v=djJTbrF3Rx0
Wayne Jett's book: The Fruits of Graft