Rickard's theory.

1./ The US leased out a lot of their gold but it never left the vaults and so they are still in possession of it.

2./ The big banks sold the leased gold in paper form many times over. Not a conspiracy just greed. When the sh*t hits the fan because of the wording of the contracts it will be the buyers of that paper that will get screwed not the banks.

3./ The US is thus a gold superpower and so is Europe.

4./ Remonitization to restore confidence will be forced on the central banks.

5./ The US had 1.10 for each paper dollar in circulation in 1913. In order for gold to equal the dollar inflation since then at 1 to 1 it will need to be revalued to 7K.