Is There a Universal Value of Gold?

Gold theoretically acts as this kind of universal numerare across economic systems. It's this fixed measuring stick. We can no say why gold existed, but there's an actual school of thought that almost says that, the metalist school, that whell gold or other precious metals should be the only form of money. And so to come back a e gold, even advanced colonies havegun in the passe, stock piled gold in government reserves. They use that to back their paper currency.