Saylor: "People Voluntarily Turned in their Gold" in 1933.

Reality: The penalties for non-compliance were severe:

Fines: Individuals who failed to comply with the order faced a fine of up to $10,000 (equivalent to about $220,000 today, accounting for inflation).

Imprisonment: Violators could also be subject to up to 10 years of imprisonment.

Asset Seizure: In addition to fines and imprisonment, any gold that was hoarded or not surrendered could be seized by the government