[Garth Tater]

"Never happen"

Yep. The magic-money-machine is too valuable to give up without a fight. There is no limit to what will be done to preserve the franchise on that operation.

[aMorePerfectUnion]

There isn’t enough gold in existence to equal the value of dollars in existence.

The exception is unless the price of gold goes to $40,000 per ounce or more.

I do not see that happening.

If it does, it means the whole world is screwed.

You could have a “floating” peg, but not redeemable.