Patrick RooneyBlockedUnblockFollowFollowingHusband, father, futures trader. Product Marketing Manager at Trading Technologies @Trading_Tech. Fan of algos. #Managedfutures. Butler Bulldog.Jul 28, 2016Fiat currency is debt-backed currency, meaning that it is backed by debts owed to banks (including central banks).Gold is Timeless Money and Enduring ValueRoy Sebag113AKA IOUs