I like the way they see gold as a "constant," like a North Star or something. It's an ancient belief system. And it relies on a commodity to ward off catastrophe -- like a totem. So what's not to like?
In the end, gold is just another commodity, like soy beans or pork bellies. That's why I have five safety deposit boxes filled with soy beans and another two filled with Quaker State 40 weight.
...I had a half dozen safety deposit boxes filled with bacon, but the smell seemed to annoy bank employees and they asked me to remove them.
FACT...gold and salt,YES,SALT,have been used as currency/pay for far longer than people realize.Gold and silver coinage has ALWAYS been a serious problem,because of how easy it is to debase them;shaving off the metal from the rims,until the coin is worth far less than its original value.And then there was the breaking a coin into pieces (the Spanish Doubloon was used for this for quite a long time,into even our early foundation!),which is why our quarter is called " 2 bits",in slang.