I had no clue they valued one oz. of gold held by the gov. @$42 per oz., LOL. I guess that goes to show their contempt for gold. That's truly amazing.
What could happen to get them to agree to gold being tier 1 capital? I would think that would be the last resort for the banksters. It would take a complete fiat meltdown for that to come to pass.
I don't see that admission coming for them, I see a breakdown coming from a gold shortage resulting from an event the Banksters let get out of control resulting in a loss of confidence in fiat. I'm sure at some point the Elites will pull the trigger and take it down as it suits them.
I always think back when Ron Paul asked Bernanke if gold was money and Bernanke responded by saying it was a precious metal. The government only wants to ever admit that their form of fiat paper is actual money. Things like stocks, bonds, or treasuries aren't considered money either. Gold has been money on this planet for 5000 years, yet the Banksters won't admit it.
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