And what would happen then? A few small news items, the Amazon rainforest, the West African rainforests, the Indonesian rainforests would be ripped apart, using child labor of course and spreading mercury like rain to get that $40,000 an ounce gold. China and Russia, numbers 1 and 3 in global gold production would be hugely empowered, the American West would once again be in danger, all to dig up a relatively worthless metal.

The supposed value of gold, like the supposed value of BTC is almost entirely that of belief. Neither has any critical or irreplaceable use, the world would not notice if the price of gold went back to $35 an ounce and BTC went back to $1.50. The ONLY people who would notice would be the gold and BTC speculators...talk about trying to build Fort Knox on a house of cards;)