So, the government could issue gold (and maybe silver) certificates? I’ve been working overseas and made a pile of cash which I am afraid will be eaten by inflation if I sit on it. I don’t know where to put it. At this point the idea would be to buy gold to preserve the value of my savings. I’m gritting my teeth and watching gold head upwards. I’ve read that there is a pyramid of investments and that in times of uncertainty that money migrates upward. The capstone is gold. I know there are currencies that are not as volatile as the U.S. dollar. What are some of those? I’ve heard Canadian and Australian dollar are in better shape than U.S.
Canadian would be a fine choice, like their government backed paper (bonds). Canadian gold/silver miners that pay a dividend would be a good place to park cash. Or do three things, bonds, mining stocks and some physical gold/silver.
It will be a wild ride so try not to get shaken out of a position once you buy in. About 2016 you can re-access what you are doing, by that time maybe the regular stock market might be on its way up after US government bonds give no return but corporate stocks will via price gains and dividends.
Good luck.