MF: " I think it will be rejected. If the proposal was for 100% backing, I would more enthusiastically endorse it. Twenty percent, in my opinion, is neither here nor there. I believe that smart investors need to have their own gold reserves. I would never trust anyone to hold these gold reserves on my behalf because they can lease it out or they can sell it."
http://thecrux.com/porter-stansberry-and-dr-doom-marc-faber-just-faced-off-against-alan-greenspan/