> They will just (like FDR ) make it illegal to own gold above a certain weight.
I was not born back then but i have a hazy impression that many people did not turn in their gold (coins or whatever) regardless of FDR...
You were “allowed” to keep jewelry and such ( his executive order ordered all gold coins and gold certificates in denominations of more than $100 turned in for other money. It required all persons to deliver all gold coin, gold bullion and gold certificates owned by them to the Federal Reserve by May 1 for the set price of $20.67 per ounce. By May 10, the government had taken in $300 million of gold coin and $470 million of gold certificates.) . Of course people still kept their gold, but they couldn’t use it- unless you knew somebody who could melt it down and turn it into jewelry.