The US President can (and did) Order Americans to Cough-Up their Gold for an Imposed Dollar Rate.

President Franklin Roosevelt has led America from the doldrums of the Big Depression, so many of the steps he took to rescue us are overlooked with respect to their unseemly character. Our trading partners in Europe devalued their money, and the US needed to respond in kind. The natural way to do it was to recalibrate the dollar versus gold. The problem was that Americans were quicker than their government and had already exchanged many of their dollars away, for gold (nothing new under the sun…). If Roosevelt were to appreciate gold by fiat, then he would enrich the gold hoarders — not his goal. So, in a most blatant move, authorized by Congress, the US President signed an executive order that instructed Americans to carry their gold to their local bank and buy dollars for the set price. The President also outlawed contracts that specified debt in gold or gold equivalent. It worked. Americans handed over their gold to the President (penalties for non-compliance were very high). So much gold was collected that the US Army had to build Ft. Knox to house it. Once he owned it, Roosevelt revalued it against the dollar, and the rest is history. President Obama enjoys the very same authority. People who acquired with BitMint about anonymity were looking for a hedge against this gold vulnerability. BitMint will not help them, but dark digital money will.