Yep..the last time the financial system was on the brink of collapse, before the Yanks' most recent one (a decade ago) which our global leaders & reckless central bankers borrowed/printed their way out of..kicking the can down the road..
..and guess who's been buying/hoarding gold in the last few years..Central Banks..
Here's the evidence/record of what you referred to : early 1930's gold confiscation by Uncle Sam :