Given a choice of a $10 redeemable gold certificate and a $10 Fed. Reserve note, which one would you keep and which would you spend?
Yes, I think I know your answer but it seems the concept is lost on some readers.
I’d immediately redeem the $10 gold certificate. As it will only return the amount of gold equal to $10... at that point in time.
If the Fed is determined to devalue the dollar, then the longer you wait to redeem it, the smaller the amount of gold you will eventually have.