Part 5 of the 5-part Understanding Federal Tyranny video series examines President Franklin Delano Roosevelt's April 5, 1933 Executive Order No. 6102 that required all persons to deliver their gold to the banks, to accept in place of gold irredeemable paper currency.
However, careful analysis of F.D.R.'s Decree of '33 shows that the only "persons" who the executive order commanded to deliver their gold to the banks were bank shareholders who had a contractual obligation (because of the 1913 Federal Reserve Act that commanded all bank shareholders to back their banking liabilities with gold) to deliver more gold any time their equity fell below threshold levels. In other words, Roosevelt's executive order was but a Margin Call, demanding banking speculators to boost their falling equity whose position went against them.