A major portion of the video is from Professor Jem Bendell
[link to jembendell.wordpress.com]

In the Aljazeera featured video he speaks briefly about gold and then transits to mutual credit about 11 minutes into the video.

He is on the board of directors of Community Forge - a mutual credit effort.
[link to communityforge.net]
[link to drupal.org]
[link to howtocamp.takethesquare.net]

The talk jumps immediately into the "11th marble" problem while missing (just as I missed) the greater error that lies in the wrongful presumption that the bank actually owns the credit they are dealing in. This is the seigniorage problem in the credit as money system.

It is my position that in a money as a communal credit model where the system deals in exchange of credit units and in hypothecation of promissory notes that gold is better used as both medium of savings and where the same savings are used in a performance bond role.