"Unfortunately Father bought stocks on margin in 1929. When the crash came we had to move out of the city house onto the farm. If he hadn't had his gold I think we would have starved during the 30's."
Your Dad's gold was confiscated by FDR in 1933.
Uh yeah, right. Just like criminals turn in their guns after gun bans.
Father had heard Gramps' stories about Bryan and silver all his life before he left for France in the Great War. When he got over there he saw that those who had survived four years of the Hun and the Krupp gun had done so by having gold. If you still had gold coins you could still eat.
Didn't matter whose royal face was on the gold coin, could be British, French, German or any other government that had once minted gold money -- it spent where paper didn't.
Well Father came back from the Great War with memories of the Belleau Wood that drove him to drink and a whole lot of gold coins. He said he got it from gambling but Gran used to say he had gotten it running black market liquor. Didn't really matter because Father had gold when he came back from the war and he just put it away. During the depression Gramps changed his opinion about gold in a big way and didn't mention Bryan much anymore.
When that thieving, lying, devil worshipper Roosevelt stole the country's gold, Father said his gold coins were "collectibles from the old world." Actually he said that much later. At the time he didn't let anybody know he had gold except a couple times a year when he went to the state capitol to sell a couple so we could eat another few months.
Now the Asians and Islamics are buying all the gold! Thank goodness all the smart people in the west who have all the money aren't doing that or else the price would go sky high. I guess if people in America want to have paper dollars and fancy stock certificates that is their right in a free society. I'm glad everybody in America is making lots of money trading pieces of paper.
But if America keeps sending all their paper dollars to Asia, then they are going to buy all the gold! Oh well -- if you've seen one Great Depression, then you've seen them all.
HG
If he was dumb enough to keep it in a safe deposit box...