The Day Gold Price Exploded: Black Friday 1869’s Dirty Secret скачать в хорошем качестве

The Day Gold Price Exploded: Black Friday 1869’s Dirty Secret

On September 24, 1869, Wall Street faced an unprecedented crisis known as Black Friday. A daring plot by Jay Gould, James Fisk, and Abel Corbin to corner the gold market spiraled into chaos, exposing the dangers of unchecked greed and political corruption. This video delves into how their scheme unfolded, leveraging insider connections and manipulating the market, leading to a devastating crash that reshaped U.S. economics. Discover the untold story of this pivotal moment in financial history. The plot began with Gould, Fisk, and Corbin amassing massive amounts of gold, driven by their ambition to control the market. Abel Corbin's ties to President Ulysses S. Grant provided them political leverage, convincing the Treasury to halt gold sales and artificially inflate prices. By September 24, gold prices surged from $130 to a staggering $160 per ounce. However, President Grant, realizing their scheme, ordered $4 million in gold to be released, causing an immediate crash that wiped out speculators and destabilized the economy. Stock prices plummeted by 20%, brokerage firms collapsed, and farmers faced severe economic repercussions as currency values fluctuated wildly. The aftermath of Black Friday revealed the perils of speculative bubbles and political corruption. Gould, Fisk, and Corbin escaped minimal punishment, underscoring systemic failures in accountability. This event remains a cautionary tale about the balance between ambition and integrity, reminding us that greed can dismantle even the strongest economies. Join us as we explore this gripping story of power, influence, and financial collapse. #BlackFriday1869 #FinancialCrash #WallStreetHistory #GoldMarket #JayGould #JamesFisk #AbelCorbin #PoliticalInfluence #SpeculativeBubbles #EconomicCollapse #HistoricalFinance #history #Science #Astronomy #Philosophy #AncientCivilizations #Documentary #Shorts #Learn Step into a world where science, history, and human curiosity collide. Axis Mundi Shorts brings you cinematic, bite-sized documentaries exploring the mysteries of the cosmos, the secrets of ancient civilizations, and the wonders of life on Earth. From lost inventions and forgotten empires to ancient philosophy, leadership lessons, and groundbreaking discoveries, every short film is crafted to inspire, spark questions, and feed your sense of discovery. ✨ Topics you’ll find here: Ancient history & archaeology – lost civilizations, mysterious artifacts, forgotten technologies Philosophy & culture – Confucianism, eastern vs western values, timeless wisdom for modern life Science & space – cosmic mysteries, scientific breakthroughs, speculative “what if” scenarios Human stories & leadership – ethical lessons, historical figures, cross-cultural insights 📌 If you love history shorts, educational videos, ancient mysteries, and thought-provoking storytelling, you’re in the right place. Subscribe and join us on this journey through the past, present, and future of human knowledge.