Quote Originally Posted by peat View Post
Quite frankly thats a ridiculous idea. Although I may be overestimating peoples intelligence I dont think you'd get too many takers on that one

It doesnt take into account the primary reason why people buy gold and accept it as a store of wealth

People believe that in a time of systemic financial system breakdown (when all fiat currencies effectively become worthless ) that their gold or silver may still be able to get them goods and services...

I dont think those certificates would work too well in that scenario as they are just another fiat currency.... backed by the same people who (at that stage) will have failed you in the previous one.
Second that Peat.