In reply to NoWorries post; "...there may not be enough gold on the planet to cover the debt we have now."

Remember that runaway inflation (or the devaluing of flat money) decreases debt in dollars as well as savings in dollars. I'm not an economist but I believe there is enough gold to cover all debts worldwide and all trading internationally. The calculations would take a genius beyond any math majors on this forum. The POG would inflate as the value of paper money devalues. This works as a balance to the point that the gold available covers all debt and trades. Of course the countries, companies and individuals with the gold, oil or other valuable assets hold all the cards. Those with the paper money are worthless!