[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.

[Garth Tater]

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

That's right. Gold which has thousands of years of history of being used as a currency can't be used as a currency anymore because the price would be too high and the world would be screwed. Glad to know that. I'll hedge accordingly.