Gold is & always will be the currency of the world,paperfiat currency, always, Fails. Gold buys energy/oil/and pretty much anything.. paper? ,copied and pasted greenspan's quote
Alan Greenspan, who served at the helm of the Federal Reserve for nearly two decades, recently penned an op-ed for the Council on Foreign Relations discussing gold and its possible role in China, the world's second-largest economy. He notes that if China converted only a "relatively modest part of its $4 trillion foreign exchange reserves into gold, the country's currency could take on unexpected strength in today's international financial system."
need more gold..