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Gould and Fisk

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13y ago
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6mo ago

James Fisk and Jay Gould were the two people who attempted to manipulate the gold market during the presidency of Ulysses S. Grant. They devised a plan to corner the gold market by convincing Grant to halt government gold sales, which would drive up the price. However, their plan ultimately failed when Grant resumed gold sales, leading to a significant market crash known as "Black Friday" in 1869.

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Q: What two people tried to manipulate the gold market by asking President Grant to stop the sale of gold for a period of time?
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