Why is anyone upset? This is how it works! The ratio of gold to dollars goes up and it goes down. Crying when it goes one way and not the other is stupid!
The dollar is big. Huge. There are plenty of dollars in circulation in the USA and the world that it will take 20 0bamas and 3 carters to destroy the dollar.
You can’t eat gold. If there is a crisis, all the people with gold will come out and shave off some gold and go looking for a loaf of bread. So will everyone else, and soon you’ll need a lot of gold shavings for your bread. Then the guy with the bread will be stuck with piles of gold and be starving.
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Because there are so many dollars it will be easy to fail.
Ask the people in Germany how many wheel barrow loads of Marks it took to buy a load of bread. One tiny sliver of silver will always be able to buy a load of bread.