#100 gold only valuable when too much of a currency

#100 gold only valuable when too much of a currency

Let's be realistic - it's the 21st century.

Anything but digital transactions is too time consuming.

We may use gold and silver for a while but I'm reminded of a tv commercial where a young man picks up an item in a store and pockets it. A voice sounding like it's coming from a sound system says "Thank you Mr. Whatever for your purchase."

Now that's an efficient use of time and I think we're headed that way.

But that doesn't take us off the gold standard, nothing can.

One way or another, the value of a currency will come through when the market reports its price per ounce of gold.

If there's too much currency doing nothing then it will find its way to gold.

If there's too little currency doing nothing then less will find its way to gold.

Manipulate it by flooding the market with it, it doesn't matter, currency doing nothing will go after it.

And there's only currency with lots of it doing nothing, especially not being used to boost productivity like the also overly plentiful Chinese yuan, and that's the U.S. dollar.