Paying $100,000 / oz is a great way to transfer the wealth of the United States to India, China and Russia. I'm sure they'll appreciate it!
You should understand: the price of Gold in dollars is going to be considerably more than $100,000 per oz unless the dollar is backed by Gold.
Which, as discussed, it won't ever be because the theft just will not stop until the dollar goes to zero. Because the absolute best way to transfer (steal) the wealth of the United states is to print dollars.
The price of Gold in 1923 Weimar marks and Zimbabwean dollars is infinite. You literally cannot buy anything with them, let alone Gold. If they had been backed by Gold, they would still be around.
I don’t think printing paper is all that different. It might take awhile but printing paper money will get us the $100,000/ oz in no time.