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have you heard about Egypt backing their currency with gold the Bears heard about it now you need to hear about it [Music] hello friend welcome to Rons basement you made it now is it just me or does it feel like every time I turn around I hear about a new country backing their currency with precious metals you know gold and silver those barbarous relics have you heard that one before interesting though that the world central banks keep buying more and more gold nonetheless every time we turn around it seems like either the brics countries or a country in Africa somewhere were hearing about them using gold to back their currency and now we get news that Egypt of all places will be backing their currency which is called the pound with gold what do you think about this I mean do you see a trend developing because I certainly do I think we need to go on a little trip to Egypt hold my hand lets head over to Egypt and see what we can find out about this recent exciting development lets g