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<p>[QUOTE="fatima, post: 1540437, member: 22143"]The entity is the government. The US government guaranteed gold currency by assay and by issuing redeemable gold certificates from 1792 until 1933 or 141 years for the mathematically challenged. It worked extremely well. Compare that to what the people have now with money from the Federal Reserve that has nothing promised. It has only lasted 41 years. </p><p><br /></p><p>I'd rather put my money behind what history says works.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1540437, member: 22143"]The entity is the government. The US government guaranteed gold currency by assay and by issuing redeemable gold certificates from 1792 until 1933 or 141 years for the mathematically challenged. It worked extremely well. Compare that to what the people have now with money from the Federal Reserve that has nothing promised. It has only lasted 41 years. I'd rather put my money behind what history says works.[/QUOTE]
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