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iShares GSG Fund Prospectus: http://www.ishare...
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It is not quantity of gold you have that dictates the money supply, it is the price. US can go back to a gold standard with only 1 kilo of gold in the vaults, that kilo would be worth 15 trillion $ but the money supply WOULD not go down. One of the reason for the deflation was the wrong price between the $ and gold that was set by the government NOT by the free market.
But hey.... whatever rocks your boat, you just love low interest and easy money as long as people buy your ETFs. You talk like a shill banker and you definitely look like one to. There should definitely be less of your kind and the world be such a better place.
Sigh...