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Comment by anonporridge

The fact that gold reserves are still a very common feature in almost every country indicates to me that our governments aren't completely committed or secure in this grand experiment of unbacked fiat currency that's been going on for 50 years.

https://tradingeconomics.com/country-list/gold-reserves

And since the 2008 financial crisis and recent events with Russia, it seems like that uncertainty might be justified.

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