The republicans and the rich power brokers want to drive the US economy into the dirt...this makes gold rise in value....
If we back the dollar on gold again....when things look bleakest and gold at it's shineiest...it will prevent nations from divesting in the dollar.
Unfortunately this strategy only benefits the wealthy...and fucks the rest of us over ten times.
So the Republicans in the political spotlight are just doing the bidding of their masters....and will throw the nation under the bus with little regard or bad feelings. Those are the people unthinking selfish people of America elected...( The Republicans and Tea Party )
They are minions in a bid to prevent the loss of personal fortunes.
We Dont really know how much gold we have but...we do have the most in offical tallies....almost three times the amount of the nearest competitor...Germany....at 3000 tons
Sift through this link and grasp the reality...as gold increases in value our nation become stronger....in the end....gold is the standard...not credit and monies owed by others...but hard precious gold...in tonnes...despite the euro having access to a combined amount that nears that of the U.S the fact that we have this huge amount means that our currency will ultimatly be worth something...but at what cost..?
At what cost?
The Rich and their lap dogs the republicans are playing a very dangerous game of "who has the most gold..."
THe Euro...has just as much that can back the currency in event of a global economic disaster. Forcing the issue is not a good plan...
http://www.cnbc.com/id/33242464/The_World_s_Biggest_Gold_Reserves?slide=161. United States
Value of Reserves: $387.32 billion
Holdings Total: 8,965.6 tons