Not quite, the value of money is based on the health of the economy of a state (or economical area in the case of the Euro Area) and economy experts consider the theory paranoid and often associated with conspiracy theories...
Of which i'll say no **** too of course. Economies go through some crashes every now and again, and it is healthy to do so, they will always happen. I'm saying that by which my government now deals with recessions and debt is ****ty because it inflates the money. During recession and debt, the government wants to print more bills, not during recession or debt they want to not stop printing so many bills. In my opinion during the modern day this has gotten excessive.
The only reason gold has value is because we place value on it. It is also much more dense than a piece of paper, which makes it quite impractical to move.
The value of gold does not change. Gold is static, it does not gain interest and it's quality does not change. In which case, because of economic change of policy to start printing more bills during a recession or when the government gets in debt; this raises the price of gold. The price of gold has only gone up because of the increasing worthlessness of paper money. In which case paper money is not static, it does gain interest and it's quality does change.
Technically, money was better back in the day when the currency was 100% backed by gold (at least i consider it to be absolutely better). I consider it better because people who have gold don't lose money where people holding paper money lose money because of inflation. Gold preserved the value of the dollar.
In which case i think that money printing has gotten too crazy today (my opinion). What the real conspiracy that i'm trying to point out here (that people missed in my last post) is that todays bills no longer say they are redeemable for their value in gold like the old ones used too. I used the fact that debts in the constitution says are only payable by silver or gold, and the fact that today's bill no longer say they are redeemable for their value in gold. You can't pay debts according to the constitution with worthless currency (what i call IOU's). Why does paper money today say it is no longer redeemable for the equivalent value in actual gold like it used to say? Why is this trying to be forgotten?