FDR was able to confiscate gold because the people allowed it. What if they don’t next time?
The percentage of Americans who owned guns in the 1930 was much higher than it is now. 80% of Americans are sheeple. They will not put up much of a fuss, especially when only about 5% of the American population actually has any serious investment in Gold.
He exempted jewelry & rare collectible coins.
Obama's low & unreported income constituents will be protected by the former and his liberal elite constituents have their gold in the later - or out of the country all together.
Of course that leads us in the middle in the cross-hairs - as all does all of the Obama agenda.
Back then their was a statutory link between gold and the value of the dollar.
Now, they can devalue easily without a gold confiscation.