Dear Jim: Opinion on Gold.

In my opinion, the reason why Secretary of Treasurer announced that the US will not revalue its gold reserves is that they know that the Federal Reserves notes are not worth anything and that  they will not  support IT,.   They have announced  that they are moving from the Federal Reserve to a yet to be announced US Dollar backed by gold.

Jack.

Response:  I agree with you Jack. 

  To revalue the gold today saves the banks.  To revalue it after the banks collapse saves the country.