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<p>[QUOTE=&quot;panzerman, post: 8240901, member: 77704&quot;]It would work. But if the worlds currencies are pegged by 10000US an oz. gold. All would have to be reconstructed to&nbsp; $10000US = 1 oz&nbsp; gold. Other Countries peg theirs in similar fashion.</p><p>So, if you earn $100,000US a year pay=&nbsp; 0r 10 oz. gold.</p><p>So, it would also force govts. to live within a budget/ not go into 25 T debt. There is not nearly enough physical gold, so much would be in paper form. Still better then BITCOIN.</p><p><br /></p><p>Gold is finite/ no lost cities of gold.....[/QUOTE]</p><p><br /></p>

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