President Franklin Roosevelt signed Executive Order #6102 requiring all gold to be handed over to the government. The government gave everyone approximately one month from April 3, 1933 to May 1, 1933 to return all gold coins, gold bullion and gold certificates to the Federal Reserve in exchange for $20.67 per ounce. Failure to do this was punishable by a $10,000 fine, which is equivalent to over $150,000 in today's dollars and/or up to ten years in prison. Wow! Could it happen again? This, of course, is a rhetorical question, and you already know the answer.
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