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<p>[QUOTE=&quot;fatima, post: 1030010, member: 22143&quot;]Of course you might have a hard time explaining why the central banks that issue the very dollars you speak of, are sitting on thousands of tons of this &quot;commodity&quot;.&nbsp;&nbsp; The Federal Reserve lists over 8000 tons of gold on it&#039;s balance sheet as an asset as a partial backing for the fiat dollars it issues.&nbsp;&nbsp; These fiat dollars are not convertible by the holders of this paper, but the Federal Reserve itself uses&nbsp; gold as a form of currency of &quot;lawful money&quot; when it deals with the government or other central banks.&nbsp; &nbsp; </p><p><br /></p><p>Gold is not just a commodity like sugar or corn.&nbsp; It plays a huge role in the operation of the world&#039;s currency markets.&nbsp; </p><p><br /></p><p>If you are not getting interest on your fiat dollars then you are losing.&nbsp; In your comparison you neglected to include the loss of the dollar&#039;s purchasing power over that 45 years.&nbsp; Gold does not have this issue because the reason the dollar loses value is due to increasing supply (now huge).&nbsp; In comparison, the supply of Gold changes relatively little.&nbsp;&nbsp; The comparison you said was completely unfair is actually completely fair.[/QUOTE]</p><p><br /></p>

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