You’ll have to provide evidence that the USA has hocked fort knox.
that said I wish your gold investment will perform well for you.
Hmm, if one is saying “you have invested in Gold and now only hear what you wish to hear with no facts to back it up”
You’d be mistaken, I won’t say Gold is a bubble, I will say that the run up in price has been steep and “if” a second wave of credit defaults does mangle the economy further, Gold will be sold off, causing a steep decline in price.
That said, I know for a fact that some, not all, contracts for the delivery of gold are being settled in cash, not gold, for a 10% premium IIRC that happened on the London Market.
I also happen to know that the carry trade has several National Banks in very risky positions.