I've NEVER been able to understand how our monetary systems is based upon gold. you can't eat it, breath it, drink it, drive your car with it,..... its a freak'n hunk of metal worth nothing more than decorating yourself if you're over 50 and extremely vain, and various electrical conductor work. never got it. In my view, its primary virtue is the inability of the FedGov to create it out of thin air. Its also compact,chemically stable and subdividable.
Keep investigating. As conservatives presumably we value the traditions and difficult lessons learned from the past. Gold backed currencies tend to work. Fiat currency fails, eventually. Lots and lots of examples going back several hundred years.
If you don't like gold you prefer ... the magic machinations of the mysterious Federal Reserve Board of Governors?