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<p>[QUOTE=&quot;JJK78, post: 1622078, member: 19207&quot;]While I don&#039;t know how the gold backed currency system will work, from what you are describing it sounds like that currently have an ETF system set up that is tied to a checking account?&nbsp; To me that dosen&#039;t sound like a bad idea, but is not what is meant by backing the currency with gold.</p><p><br /></p><p>If gold is good enough for central banks and can be used to get around a financial blockade, then it sounds like a pretty good thing to me, and if I were trying to become the dominant world superpower, I can&#039;t think of a better way of doing it then to back your currency with it.</p><p><br /></p><p>With regard to the Chinese vs. COMEX exchanges, did Rome fall overnight?&nbsp; Did the great stock market crash all happen overnight?&nbsp; No, they simply can&#039;t when they are that large.&nbsp; Certainly it has not happened yet, but it still could.&nbsp; Could they both exsist in harmony from now until forever, sure, but competition keeps things fair~[/QUOTE]</p><p><br /></p>

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