Collapse Files ยท CF-036
I RELEASED THE GOLD. THE MARKET COLLAPSED IN ELEVEN MINUTES. I STILL HAVE THE ORDER.
Treasury Order 447, signed by Samuel Butterworth on September 24th, 1869, authorized the sale of four million dollars in government gold. Within eleven minutes, the gold market collapsed, ruining seventy-three merchants as the price plummeted from $162 to $133 per ounce.
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