Hearing more calls for this lately…..so….
“Davidson” submits”
There are 165,000tonnes of gold ($GLD) in the world. 1 tonne = 1,000kilograms and 31.1034768 grams per Troy oz and $1500 per Troy oz.
The math says that all the gold in the world comes to 5,304,873,184 Troy oz which at $1500 comes to $7,957,000,000,000 or $7.957Tril US$
Our economy alone is $16Tril. There is no way a gold currency standard can meet the needs of global growth.