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"They believe having gold is the same as having your own personal currency. When people lose faith in public money, they are not going to swap into personal money. Although the barter system was viable in the last Depression, the ruination of public money is only beginning to take hold of the public mind. The solution is not personal money. Repeat, only creating a sound public money, backed by gold, will repair the damage.
-- aveutter"
But our reserves are backed by nearly eighty percent (80%)in gold, so why should we worry?