[Tell It Right]

Excellent point. Another question I’d like answered (if it would be possible to get the data) is how much gold is owned by citizens too? I want not just the government to have a stable gold backing, I want a significant number of citizens to have financial backing too. That reduces the likelihood of internal chaos (aside from the shallow attention seekers on the left doing “protests” that they don’t even know what they’re protesting for).

[Robert DeLong]

I think that would get rather murky, cconsidering some hold only paper that represents gold held by them, but not actually in their possession. While oters actually hold their own physical gold. I believe that may be true in many other countries as well in the form of jewerly etc, as well as gold coins & bars. Some may even have gold that was kept when FDR ordered all gold to be surrendered in 1933 for the Depression, but did not comply, and thatt gold was passed down to surviving family members, or possibly even sold to other private buyers for more than the 20.67 the government was paying per ounce for that gold surrendered, and there is no documentation for their ownership of that gold.

I guess what I am trying to convey, is that getting an accurate number on that is most likely impossible in the U.S., and definitely imposasible in other nations also.

If the accuracy of the gold reserves actually belonging to the U.S. is questionable, then you certainly do not believe an accurate amount could be achieved for privately held gold by citizens would actual be worth anywhere near a reliable value, do you?

The effort to attempt it would be an exercise in futility.