[RegulatorCountry]

Declare the private ownership of gold to be illegal, then take it away from the people who have "horded" it.

Correct me if I'm wrong, but I've been under the impression that "seized" gold was compensated at price that was above market at the time, something like $35.00/oz.?

[Travis McGee]

Gold was “reimbursed” at 20 dollars and ounce, then FDR turned around and revalued it at 35 an ounce, instantly ripping off everyone who turned in their gold.

[ArtDodger]

A bit before my time but I believe you were allowed to own one ounce of gold at a time. Thank you, FDR. If you were in possession of more than one ounce, it was confiscated WITHOUT COMPENSATION!
By collecting all the gold and putting it into the Reserve, FDR could print more money. A mere formality not bothered with today. By calling in all the gold, changing the monetary notes from gold-backed to new, silver backed ones,instituting federal income tax collection, and ID-ing us all with Social Security Numbers, FDR could track every dime and its owner in the USA.
There is no refuge from the Socialism that is coming. Not gold, not foreign banks, not property, not hiding it under the bed. Other than taking the fight to the streets when they come for your rights, all is lost... And with 60% of the country already willing to wear uniforms with pretty red stars on the hats, well, we can go down trying,I guess.
I see reeducation camps in the future for many of us on Free Republic.