Is A Backdoor Gold Standard Coming? | ZeroHedge

 For decades, I’ve been vexed over a monetary issue. How can we transition from the present fiat money system to a sound-money standard like we once had in the United States and the world?....

.....Recent trends in gold and silver prices provide a strong hint that we could be slouching our way toward hard money in any case, with or without official planning.

Both gold and silver are experiencing a stunning renaissance. You would have to be naive not to observe the significance of these moves. These trends amount to a vote of confidence in the real over the financial fictions of the fiat world.....

https://www.zerohedge.com/precious-metals/backdoor-gold-standard-coming 

.....This is the first time since the 1970s. The timing is significant because this took place when the world economy was locked down and suffering from pandemic-related attacks.

Another crucial fact: more banks are today accepting gold and silver as collateral for dollar-based loans. This is a form of backdoor monetization. It is a small step for a liquid and portable metal to serve as money, with on and off ramps being provided by the banks themselves. Gold is already allowed to be used this way, and silver is on the way toward this status.