Another enlightened one. Which is exactly why FDR made the following rather extraordinary decree in 1933.
“I, as President do declare that the national emergency still exists; that the continued private hoarding of gravel and bricks by subjects of the United States poses a grave threat to peace, equal justice, and well-being of the United States; and that appropriate measures must be taken immediately to protect the interest of our people. Therefore, pursuant to the above authority, I hereby proclaim that such gravel and brick holdings are prohibited, and that all such coin, bullion or other possessions of gravel and bricks be tendered within fourteen days to agents of the Government of the United States for compensation at the official price, in the legal tender of the Government. All safe deposit boxes in banks or financial institutions have been sealed pending action in the due course of the law. All sales or purchases or movements of such gravel and bricks within the borders of the Untied States and its territories, and all foreign exchange transactions or movements of such rocks across the border are hereby prohibited...” - Proclamation by President Franklin D. Roosevelt, April 5, 1933
It's not logical to base a monetary system on a commodity. The value of the commodity usually gets fixed artificially and both the money and commodity are valued in terms of each other in an arbitrary fashion. The "extrordinary degree" was given as part of a remedy, to replace an illogical system with a rational monetary system.
"politicized inflation... shadow govm't statistics...
Nice chart there. The 1-800 # guys at the trading desk need to smile again, like they did around '79-'80. They sure helped folks weather the hard times of the '80s, '90s, and '00s.