gw/ez, it always comes down to the same thing.."perception and BS".. even when currency was backed by gold you had to have "full faith" in the government that was holding the gold to give you the gold upon demand.

currency is (and always has been) an idea... a true collapse of currency wont happen unless man is strictly searching for "bare necessities for survival"....then the "idea" of currency is worthless...makes my head hurt...

personally, i think the worst single move in US history was to hand the issuing power of currency over to the banks....which imo happened when the "central bank" was created.

on a lighter note GW, i'm sure fung has a plan B. the question is will we be happy with it? ..he's facing many obstacles that i dont personally see how to overcome in this environment. there's still value in kry imo but how much is up to the market..but a little pop in share price after all this time has been nice...