gold, page-48111

What on earth do you mean? They exchanged their Gold FOR foreign currency! The rather childish myth on this thread is that Gold can be exchanged for ‘goods’ whereas in the real world it is exchanged for (hard) currency and this latter is exchanged for ‘goods’.
And yes I do know about the HC excitement over oil producing countries accepting Gold for oil. Firstly it absolutely trivial compared to the oil market and secondly those countries then convert the Gold to USD,EUR, JPY or GBP.