Divitias:
Gold is money. Everything else is credit.
Gold didn’t save Bretton Woods. Money is just an accounting system, the wealth that you contributed to the economy. Just because you have accounts in your favor does not mean the economy will pay up. Ask Zimbabwe, Venezuela, or the Weimar Republic.
Fractional reserve banking makes a mockery of the Gold Standard. Do the math! Deposit $100 in gold and with a 10% reserve that $100 becomes $1000 in circulation $900 of which are not backed by gold.
The Captain