I'm enjoying morons like "cero/siete" giggling like girls about what currency a new nation made up of secessionist states would use. What should be of interest to the readers at this point would be to ask what the value of US currency is based on? Gold you say? Well, not since the 1930's when FDR seized our gold and then devalued the dollar by 40%. But still, we do back our currency with our gold reserve in the end. Okay, so wouldn't it be nice to know if the gold we CLAIM we have is indeed at Fort Knox and is almost 100% pure and not lead bars coated in gold?
Do you think it's curious the last physical inventory of OUR gold was done in 1953? Eisenhower was president. There is plenty of anecdotal evidence that LBJ sent the majority of US gold to England in the mid-60's to save their pound sterling. All we get from the Treasury reports is "it's all there so don't worry, be happy". But no physical survey....how come?
Well, in 2011 we were told by the Treasury Sec. it would cost $60M to go through the 27lb bars, drill a small hole in each to prove they are solid gold and put them back in sealed wrappers. The Treasury dept. said that cost would be $15M...considering that amount is spent in a few minutes of interest on the national debt, why would proving we have the 9,300 tons of solid gold we claim we have be considered an extravagant expense?
So to the anti-secessionists, I say prove your US dollars are based on anything but smoke and mirrors before you ridicule a new nation setting up it's own currency valuation based on whatever the hell we choose and certainly not phantom gold.