[roadcat]

If gold (a mere commodity) is 'revalued' then that means the dollar has been devalued.

What's that saying, one ounce of gold will always buy you a nice suit no matter how much time passes; not so with paper money that becomes worthless over time.

[ozzymandus]

I suspect not many people are going to be buying nice suits (or Colt Single Action revolvers, the other yardstick) if gold actually goes to &8000.