Don't look at paper gold, look at real gold, paper gold is a scam much like central banking.
It is only when everybody tries to change their paper gold to real gold that it becomes apparent it is a scam...
The USA doesn't have ANY gold either! The US balance sheet says 8,133.5 tons of gold, the problem is nobody has actually seen it since the 1960s. KPMG was asked to audit the gold reserves in 2005. Problem is they didn't actually see any gold at all! The US has just been saying we have it...
trust me.... one day Ron Paul will get his way and have Fort Knox opened to scrutiny and it will be empty bar an IOU note!