Editor, Gazette-Journal:

Recalling the adage “follow the money,” one would be hard pressed to find a greater example to follow than that of the world’s central banks in the pursuit of buying gold. Banks of China, Russia, India, and a host of others, are buying gold and also converting their U.S. dollar holdings into gold. Such purchases during the first quarter of 2019 were the highest in six years. While some contend that gold is not money, the U.S. Constitution, Article I, Section 10, would beg to differ, as does monetary history and commerce. None other than J.P. Morgan declared, “Gold is money and nothing else.”

English philosopher John Locke argued that gaining possession of gold was doubly important to the wealth of a nation.

Global debt now at $240 trillion, unfunded liabilities at $250 trillion, and derivatives of $1.5 quadrillion, represent a debt risk totaling $2 quad-

rillion that must eventually be eliminated. Once it is, very likely by def...