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Gold and silver have been around as means of exchange or hard currency for a lot longer than all of the currencies issued by governments as legal tender. The instruments that trade in the global foreign exchange market have the backing of the full faith and credit of the countries that print the banknotes and mint the coins. In past decades, many currencies had the support of gold or silver. One of the leading issues of the 1898 campaign for President was whether to back the US dollar with gold or silver. William McKinley favored