Standard

"Illustration" courtesy of:  https://www.craiyon.com "gold or silver coin"

Let's consider a hypothetical scenario:

• A nation's "currency" needs only be backed by "faith".
• That "currency" becomes an effective "standard".
• One or more "unnamed individuals" have "hoarded" gold or silver and prefer their "hoard" become the "standard".

Of course, this can never happen.  No individual, group of individuals, or "country" could ever be so backward.

Just from curiosity, we have 2 or 3 questions:

• Have "gold production" rates changed "much"?
• Have individual "purchasing trends" changed "much" in regard to "gold" or "silver"?
• Is "silver" the new "gold" or "gold" the new "silver"?

We believe or think you'll get the "un-correlation".

Allegedly.