MUST be backed by it or you have what you have now, chaos. Gold has always fit this bill and always will. It sounds as if you actually believe the central bankers who call gold names like "relic" and "anachronistic" while they and their cronies in government buy it up as fast as they can. THAT is what you need to think about. ttp://www.patritotprovisions.com PatrickHenry Actually, I disagree and agree. You are correct in your analysis under a manipulated and suppressed gold/silver market. But you are incorrect if the gold and silver markets were allowed to attain their true market value. Gold/Silver if allowed to move would in some estimates attain $15,000/$1500 per ounce price. Throughout time the ratio has been around a 1:10 ratio. Some analysis make a case that silver because of it dual role as an industrial metal, and above ground supplies are rarer than Gold could attain parity. But you also have a contradiction in your argument. You state that monetary inflation can be controlled by fixing or limiting the amount of money in the system to stay fixed per person, we know that fiat currencies do not meet this requirement. Yet, gold and silver do because they can not be created out of thin air and would in fact meet this standard. Then you say that the money supply needs to grow at the rate of the population, which actually would increase the value of your money, since the scarcity of the gold and silver