CD, I think these guys are nuts. There is not going to be an Amero. It makes everyone feel better to talk about it as a possibility. It makes them feel safer, just like it makes the scantily dressed camping co-ed's feel safer while Jason with a large sharp instrument is lurking outside their tents, i.e. "That must just be a rabbit out there."
I like Jim Sinclair, but give me a break. The Gold Certificate Ratio idea is a great one, but it is not going to happen. It depends too much on honesty. If the people running the show were honest, we would never have gotten into the mess we're in now. What makes anyone think they are going to suddenly get religion? I am always reminded of Macbeth's line: Act 3, Scene 2, "Things bad begun make strong themselves by ill."
Much more ill will ensue before anything gets fixed. And people wont fix it. It will have to fix itself. Gold will do it.
Think of the man having an affair. Eventually his wife finds out, and there is a catastrophe, a divorce, misery, etc, but the situation gets fixed.
It would be nice if someone with motives like Sinclair's could have just gone up to him and said, "Hey, knock it off. You're wrecking your marriage and your life and your kids' lives!" And the guy said, "Gosh! You're right! What have I been doing? Better stop humping my secretary right away and remember my wedding vows."
For more insight on this tune into the Monty Python sketch "The Royal Society for Putting Things on Top of Other Things" on You Tube. This could happen with the Federal Reserve, right? "Meeting adjourned forever!" But I doubt it. Bull