New Delhi, March 4 -- The strong vaults at Fort Knox not only keep the gold reserves of the US, but they also have the original copies of its independence, Magna Carta and other documents representing the American dream of the free democratic world.

The position of the US as the symbol of democracy and a land of immense opportunities, has been suffering decline following the decisions of the then US President Richard Nixon since 1971. He had supported the genocide of Bengali Muslims by a repressive Pakistani army equipped with American weapons. Further, apart from diluting the American commitment to democracy and civil liberties, Nixon had shocked the world by unilaterally cancelling the direct convertibility of the US dollar to gold. Th...