Economics & Industry

Market Crash Triggered by Gold Manipulation

The financial turmoil caused by the actions of Ulysses Grant, Jay Gould, and James Fisk saw gold prices collapse dramatically due to a failed attempt to corner the gold market. On this fateful day, the Treasury's decision to sell significant quantities of gold disrupted the market equilibrium, leading to panic among investors and a steep decline in gold prices. This manipulation was the culmination of a plot by Gould and Fisk, ultimately resulting in a significant financial crisis.

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