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Of course, if Gold is used as backing, then several condo of volatility disappears. considering stock to flows ratio of Gold is enormous; that is, there exists above ground Gold bullion in the sheer number of at least eighty years' worth of primary (mine) production. In contrast, the stock to flows of other commodities (except Silver) is measured not in years, but days. Like one number of days for the stock to flow of oil. or platinum. Realize that most of quantity of money in the wor