Paper money loses all it's value. All hell breaks loose.
The same amount of gold buys the same amount of bread now as it did 5,000 years ago. Not cash!
In the last 100 years in Germany, a very well-off country...
Currency revaluation will take 90% of your wealth. Look it up. In Zimbabwe, it wiped you out.
Governments can recall their own gold. Not ours.
Since 1971, gold is 40 times stronger, the dollar 4 times weaker. Take your pick!