Precious metals are not covered, so if this goes forward, there will be a run on gold and silver.
DO NOT forget,private ownership of gold and gold certificates was outlawed by FDR's executive order in the 30s. Transfer of silver was taxed. Serious jail and fines would result for violators. The Federal Reserve (which is not Federal) had put out paper cash in the form of gold certificates which it did NOT have gold to redeem. Responsible parties should have been executed or locked away forever. The U.S. in effect filed bankruptcy in 1933 by these actions. The dollar was immediately devalued after the gold was confiscated. Gold was set at $35 per ounce vs about $20. All these gold certificates and gold were replaced by "lawful money of the U.S." which was in fact federal reserve notes, which are in fact debt instruments backed by the intangible faith and credit of the U.S. government. Now you can own gold again subject to the pleasure of the government, a government steadily moving toward cashless commerce. Some countries have already started calling in their cash. Your right to own and trade and demand payment in real hard money which is gold, silver, and other precious metals is far more important than any other right you could have. Sometimes I think "they" like to keep us thinking about things like gun rights while they slip up and put a financial strangle hold on us we cannot escape. Believe me, if they get you to where you can't trade they have you.