Tuesday, December 31, 2024

Tuesday, December 31, 1974. Americans get to own gold again.

Depression era restrictions on the private ownership of gold in the US were removed.

The prohibition, as well as government price setting of Gold, had come into effect in 1933.

South African Kugerrands and Canadian gold coins immediately became very popular as a hedge against inflation.

France ended its state monopoly on television.

Catfish Hunter signed with the Yankees, becoming baseball's highest paid player at that point.


Last edition:

Monday, December 16, 1974. Safe Drinking Water.

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