US Gold Bullion Reserves not enough to back the Dollar

""I don't know that it's there," Jim Rogers said. "I have no reason to assume it's not, except that there's not been a proper audit of America's gold in decades, if ever."

Even if the US government does indeed hold the 8,133 tonnes of gold bullion reserves it reports, "It's not nearly enough to back the Dollar," he went on.

"Because we're the largest debtor nation in history – trillions and trillions of dollars."

at http://www.jimrogersinvestments.com/2014/03/us-gold-bullion-reserves-not-enough-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FWOHK+%28Jim+Rogers+Blog%29