Roosevelt confiscated gold in the US, though this could be debated as to whether it constitutes major confiscation; more recent examples of major confiscation in the developed world are rare.

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Unidentified Speaker — 4 'Deep Risks' That Could Decimate Your Portfolio | William… [Njen6qpugMU]

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Roosevelt confiscated gold um way back but um I I don't believe there's been major cases of confiscation here in the US

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4 'Deep Risks' That Could Decimate Your Portfolio | William BernsteinDavid Lin
Created: 8/10/2026, 11:00:47 PM

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