Look up "paper gold". When you sum up the amount of gold people "own", it is a number 10x higher than the amount of gold in existence. The reason it is 10x an

Look up "paper gold". When you sum up the amount of gold people "own", it is a number 10x higher than the amount of gold in existence. The reason it is 10x and not 100x or 1000x is that Gold is not used as money.