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Message:: [QUOTE="Digenes, post: 547965, member: 16318"]Not sure if this answers the question about the fluctuating market about gold but here is sec 3 of the bill. SEC. 3. DIRECTIVES TO THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM.  <ul> <li>(a) In General- Before the end of the 90-day period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System shall make the value of the U.S. dollar equal to the market value of 0.002 of a troy ounce of gold and maintain the value of the United States dollar at this level.</li> </ul> <ul> <li>(b) Target- In regulating the value of the United States dollar, the Board of Governors of the Federal Reserve System shall--</li> </ul> <ul> <li><ul> <li>(1) conduct open market operations against an explicit target for the price of gold on the exchange operated by the Commodities Exchange, Inc. (COMEX) of the New York Mercantile Exchange, Inc.; and</li> </ul></li> </ul> <ul> <li><ul> <li>(2) shall not conduct open market operations indirectly, as in the current practice of targeting the Federal Funds rate.</li> </ul></li> </ul> <ul> <li>(c) Promotion of Stable and Effective Financial Markets- The Board of Governors of the Federal Reserve System shall use the banking and bank regulatory powers of the Board to maintain and promote stable and effective financial markets during and after the transition to a defined value for the United States dollar.</li> </ul> Thanks Dave[/QUOTE]