[Iwo Jima]

Neither. I was addressing my comment to someone whom I assumed had a modicum of common sense and good faith. Not to you.

By definition, any amount of gold which has ever been known to exist in the history of the universe would be sufficient. If the amount of known gold reserves in the world were insufficient to allow it to serve as a medium of exchange and store of value, it would never have become the currency of choice by most civilizations throughout history.

Now try, if you can, to respond to the substance of my comments without juvenile ridicule in the "I know you are but what am I" variety.

[Toddsterpatriot]

By definition, any amount of gold which has ever been known to exist in the history of the universe would be sufficient.

I'm interested in the amount of gold the United States would need to back the money supply of the United States. Could you be more precise than, "All the gold ever produced would be enough".

[Toddsterpatriot]

If the amount of known gold reserves in the world were insufficient to allow it to serve as a medium of exchange and store of value, it would never have become the currency of choice by most civilizations throughout history.

I suspect the money supply today is a little bigger than when Ug and Glug found a pretty yellow nugget in a nearby stream.