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<p>[QUOTE=&quot;passantgardant, post: 1145735, member: 30033&quot;]If you believe there&#039;s any gold in Ft.Knox, I&#039;ve got some swampland in Florida for you.&nbsp; What do you think they&#039;ve been selling to suppress the price of gold for 20 years?&nbsp; They clearly ran out circa 2001.&nbsp; This is the same period during which Britain dumped the last of their gold as well.&nbsp; It was the bottom of the suppressed gold market and the beginning of the massive bull market which continues today.</p><p><br /></p><p>The fact that we measure our money supply in $trillions and derivatives in $quadrillions is because gold is no longer backing the currency.&nbsp; It doesn&#039;t matter how much gold exists... that much can always back the currency.&nbsp; It merely needs to adjust in &quot;price&quot; in order to represent all of the notional assets heretofore denominated in fiat.&nbsp; Whatever &quot;price&quot; that is is the real price, before it was depreciated by the central banks.[/QUOTE]</p><p><br /></p>

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