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<p>[QUOTE=&quot;InfleXion, post: 1601474, member: 29012&quot;]Central banks do, and if I were a betting man I would bet that the smaller banks will follow suit in 2013 since gold will reach 100% valuation on their books.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;Again, this is currency. Currency and money do not have identical definitions. Gold has face value, and it fulfills all the requirements of a unit of account. Today&#039;s currency does not even meet all those requirements.&nbsp;&nbsp; </p><p><br /></p><p>&nbsp;Being an asset is irrelevant aside from how it relates to durability, portability, fungibility, and divisibility. Only metals meet these 4 requirements of a unit of account.[/QUOTE]</p><p><br /></p>

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