All paper should be backed by gold and I have mentioned how the US will be facing devaluation, which will lead to the gold standard. How much gold does China have in relation to the US? It has been said time and time again that we own the most gold. Which may hold the true answer why we can just print as much paper as FED desires. How much gold backing will be required for a new world reserve US$ currency? Anyone seen the new money with pots of gold on it?