On this day in history, June 5, 1933, President Franklin D. Roosevelt removed the US from the gold standard after requiring Americans to exchange their gold for cash.
Tag: Gold
Precious metals and treasures founding Jamaica belong to the Government.
The news that gold was found in Hanover triggered a gold rush to the parish. But high hopes of becoming rich would soon turn to disappointment. Treasure seekers would quickly discover that the substance found was pyrite, which has little economic value. So the gold rush to Hanover ended like in the movies.
