In 1933, US President Franklin D Roosevelt signed Executive Order 6102 which banned US citizens from hoarding what?

Roosevelt signed Executive Order 6102 , which made it illegal for American citizens to own gold."

Look up " Executive Order 6102 ," and note the penalty for defiance: 10 years in prison.

He did more than declare "bank holidays." Financial commentator Bill Tatro recalls that FDR, via Executive Order 6102 , "confiscated all gold and gold certificates, exchanging them for paper.