Gold Trade Scheme

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EDUCATION ONLY

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Bernard Baruch was one of the wealthiest speculators in American history. He started with nothing and worked his way up to become a war effort hero and a trusted advisor to many Presidents during his lifetime. It is said no American has ever held more gold in his personal possession. Baruch’s personal stash of bullion was a little over 2 tons of gold (over 75,000 ounces). That is over USD$125 million in bullion at today’s prices. He was America’s first Bullionaire. This is about the biggest bet that Bernard Baruch ever made. But not only did the U.S. Government take the gold from him, they tormented him for the scheme.

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