http://www.zerohedge.com/contributed/2012-09-19/deutsche-bank-gold-money
Financial Times reported in 2010:
Intercontinental Exchange, the US futures exchange group, has followed rival CME Group by allowing its European clearing house to accept gold bullion as collateral for transactions.
JP Morgan accepts gold bullion as collateral.
So does Donald Trump.
China is paying for oil with gold. India is probably doing so as well.
And central banks are considering allowing banks to hold gold as a risk-free, tier 1 asset.
Caveats: Be careful with unallocated accounts, accounts held by big banks, paper forms of gold and tungsten (see this,this, this and this).
Finally, note that FDR was not the only leader to confiscate gold. Gary North alleges:
When World War I broke out in 1914. The banks suspended redemption of gold for paper money. This broke their contracts, but the governments all ratified this action. Then the governments had their central banks confiscate the gold that had been stored in the vaults of the commercial banks.
Hitler, Mao and Stalin also allegedly confiscated gold.
