• President James Madison summed up why a mandate to use gold-based money appears in Article I Section 10 of the U.S. Constitution:
  • “The only adequate guarantee for the uniform and stable value of a paper currency is its convertibility into specie [gold] — the least fluctuating and the only universal currency.”
  •  The United States spent two centuries proving that it works. Sticking to gold-based money, the U.S. became the most successful country in the world.