Gold? Sure, We’ll Take More of That, Says CME

This further legitimizes gold as a currency, valuable enough to be used as collateral. 

http://blogs.wsj.com/marketbeat/2011/10/03/cme-boosts-limit-for-gold-used-as-collateral/ 

The step is the latest in a string of moves by exchanges and other financial services firms to increase the use of gold as collateral, which essentially places the precious metal in the top tier of asset classes.

"Gold is money.  Everything else is credit." - JP Morgan, testifying before Congress in 1912

"Gold and silver is the only money the elite rely on." - Lindsey Williams