You're the fucking fool.
The price of gold would market clear based on the actual amount of gold held by the government, which we have no fucking idea of right now because they won't audit and SHOW US.
Whatever the price of gold becomes, is what it becomes. That now becomes the money. If 1oz of gold is $100,000, then a 1oz gold coin is $100,000 to spend. Obviously people aren't going to carry around $100,000 with them in one coin, so gold certificates are created to denominate lower values for the purpose of everyday spending.
I don't know why that's hard for you to understand, other than you're a fucking retard and don't know jack shit about any of this beyond some wiki article you just read, where you looked for the "criticisms" section and it told you what you wanted to hear.
Seriously, go to another thread. This one is SOOOO above your pay grade.
What you keep refusing to take into consideration is the manipulation of the worlds gold market after the fact.
Why do you keep doing that?
Manipulation of the world's gold market?
That's your argument?
Wake the fuck up honey, EVERYTHING is manipulated in this world. Nothing is sacred.
Least of all, fiat currency MANIPULATED by the Federal Reserve.
Play Money.