The US National debt just crossed 18 Trillion.
The following debt chart is alarming. http://upload.wikimedia.org/wikipedia/commons/e/ed/US_Public_Debt_Ceiling_1981-2010.png
The dollar may look strong, but it's being propped up by debt created through Quantitative Easing.
After the US went off their modified gold standard in 1971, it took ten years for the national debt to reach 1 Trillion. Notice how fast it's grown since then.
Why are countries wanting to repatriate their gold?
Likely because they know that the current system doesn't work and has to change.
Many believe that Gold will be the measure of accounting when the US dollar looses its reserve status, and the world must switch to a new monetary system.
BitGold maybe the best way to hedge against the coming hyperinflation that will occur when the current monetary system collapses.
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