Home>History of Gold>March 12, 1933 Roosevelt’s Banking Crisis Speech, 1933

Articles NewsFlow Gold & Silver Prices Market Briefing

(Audio) March 12, 1933 Roosevelt’s Banking Crisis Speech, 1933

From the Archives : Originally published June 10th, 2007

150 words - Reading time : less than a minute

( 2 votes, 3/5 )

Article

Comments

Comment this article

Rating

All Articles

Send

comment

Our Newsletter...

Disclaimer

Category : History of Gold

http://webstorage4.mcpa.virginia.edu/fdr/audiovisual/speeches/spe_1933_0312_roosevelt.mp3

On the Bank Crisis.

By the time of Roosevelt's inauguration, nearly all of the banks in the nation had temporarily closed in response to mass withdrawals by a panicked public. Roosevelt calms the fears of the nation and outlines his plan to restore confidence in the banking system. The "sound assets" now held by the banks that FDR refers to is the gold he made available to them taken from Americans the week before. Astoundingly, he makes the preposterous statement that the currency is "not fiat money". Hear his contempt for gold. Americans today are even less the wiser than their ancestors seventy years ago. The same fraud will be pulled again with nary a whimper.

Charleston Voice

This article is brought to you by the Charleston Voice e-mail list. To subscribe FREE to the distribution list, send and e-mail to the author with “SUBSCRIBE” in the subject line.

Rate :

Average note :3 (2 votes)

Confiscation Issue 13 abonnés

All his articles

His latest articles

April 5, 1933 : FDR, the Great Confiscator

18/04/2020

Australian Gold Confiscation

06/04/2020

Most commented articles

More...

Services

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis

World PM Newsflow

ALL

17:34Orezone Gold Intersects 18.41 g/t Gold Over 8.00m and 22.17 g/t Gold Over 4.00m in ...Juniorminingnetwork

17:05

BHP proposes deal to buy Anglo American in $39 billion mining mega-merger | Fortune Asia Fortune

17:02Mali: Hummingbird Resources Earned $37M from Yanfolia Gold Mine in Q1 2024 Ecofinagency

16:45Now buy gold and silver coins on Zepto! Augmont Gold For All partners with portal to sell ...Zeebiz

16:32The Making of the Indian Rupee Symbol | The Juggernaut Thejuggernaut

More...

GOLD

17:34Orezone Gold Intersects 18.41 g/t Gold Over 8.00m and 22.17 g/t Gold Over 4.00m in ...Juniorminingnetwork

17:05

BHP proposes deal to buy Anglo American in $39 billion mining mega-merger | Fortune Asia Fortune

17:02Mali: Hummingbird Resources Earned $37M from Yanfolia Gold Mine in Q1 2024 Ecofinagency

16:45Now buy gold and silver coins on Zepto! Augmont Gold For All partners with portal to sell ...Zeebiz

16:32The Making of the Indian Rupee Symbol | The Juggernaut Thejuggernaut

More...

SILVER

15:02

Abandoned PA: Centralia holdout interviewed in 2005 - WGAL TheWGALChannel.com, Pennsylvania

13:23

Element79 Elevating Community Relations: Discussing Pending Formalization with ...Silverinvestingnews

11:23Fort Collins-area restaurant inspections: 5 require reinspection - The Coloradoan Coloradoan

11:05Mixed bag to start the year for Rosebery Mine, with bushfire behind it - The Advocate Theadvocate

09:57Grupo México lead-zinc-copper mine halted due to blockade - BNamericas bnamericas - Bnamericas

More...

PGM & DIAMONDS

27 Mar

Explorer Platinum Creeping Closer into Lincoln Wheels.ca

27 Mar

Kylie Jenner Shows Off Platinum Blonde Hair In Racy Snap Marie Claire

27 Mar

FC Platinum, Ngezi Platinum, Bosso lead the way The Daily News

27 Mar

Super Robot Wars X Trophies Reveal Endings, Has a Platinum PlayStation LifeStyle

27 Mar

Kylie Jenner Goes Platinum Blonde Amid Claims She Wants To Be A ‘Hot’ Mum MTV UK

More...

OIL & GAS

27 Mar

Oil tips higher as questions over Iran deal persist MarketWatch

27 MarCrude Oil Holds Near 7-week Highs London South East

27 Mar

Husky Energy Faces Canadian Charges Over 2016 Oil Pipeline Spill E&P Magazine

27 Mar

‘Single biggest change in capital markets’: China launches oil futures that could topple dollar Calgary Herald

27 Mar

3 Top Oil Stocks to Buy Right Now Fox News

More...

OTHER METALS

01 MarKincora Copper completes prospectus for proposed listing on the Australian Securities Exchange Yahoo

27 Mar

Nickel prices trading sideways India Info Line

27 MarIndia Nickel Scrap prices drop in line with MCX Nickel Scrap Register

27 Mar

Technology shares lead US equities rebound FXstreet

27 Mar

FORECAST: Copper, nickel to outperform; zinc prices likely to peak in mid-2018 – Victorem Metal Bulletin

More...