the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. You don't seem to understand just how limited the power of the federal government is supposed to be. The question you should be asking is: Why do people still believe that the federal government can impose unconstitutional, debt-based money on the states? If you understand markets, you know that most participants are wrong most of the time. Currently, most participants are still paperbugs. Remain one yourself at your own peril. At a minimum, gold will again be used for international settlements. This will probably be announced just before it is "discovered" that the U.S. has no gold in Ft. Knox. Alan Greenspan (of all people) had it right when he said the following almost 50 years ago: In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of