[OldNavyVet]

Wouldn't surprise me a bit to see Obama doing it too.

[Jean2]

Why did FDR do this? Does anyone here know?

[OldNavyVet]

Wikipedia tells us also ...

"On March 6, taking advantage of a wartime statute that had not been repealed, he issued Presidential Proclamation 2039 that forbade the hoarding 'of gold or silver coin or bullion or currency,' under penalty of $10,000 and/or up to five to ten years imprisonment."

[TigersEye]

I refuse to comply! ;-)

[Amendment10]

I think that Executive Order 6102 was constitutionally indefensible, wrongy repealing the Constitution's Clauses 5 and 1 of Sections 8 and 10 of Article I respectively from the Oval Office.

• Section 8, Clause 5: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

  Note that the dictionary definition of coin clearly indicates metal currency.

• Section 10, Clause 1: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts (emphasis added); pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

So what am I overlooking?

[Logical me]

Give it a try, King Obama, and your career is over in a way you, a child dictator, could never imagine..

[allblues]

The feds may get the gold, but they’ll get the lead first.

[Arlis]

FACT that almost no one knows:

GUESS HOW MANY PEOPLE WERE ACTUALLY PROSECUTED UNDER THIS LAW???????

ONE!

Which means everyone who turned in their gold was a fool.

And - no one has any idea how many people kept their gold hidden - or how much was hidden.

Some think that the actual percentage of what was turned in was small.....but nobody knows.......