Any seen MMB’s  dig  at  the  Citicorp expert, “Gold is a “fiat commodity currency, just as the U.S. dollar, the euro, the pound sterling … are fiat paper currencies and as Bitcoin is a flat virtual currency”.

I sent  him:

“Fiat  currency

One ton of mined gold ore, contains a approximately 6 grams of gold. The proportion of precious metals used in cars and televisions around the world is higher than that. This means that scrapped electrical and electronic goods can arguably be called “modern gold mines”