Any nation issuing a gold-backed currency can't control the global price of gold, and so that nation's currency is hostage to fluctuations beyond its control. If the issuing nation sets a peg to gold, that peg is subject to the whims of the central bank and state--in other words, the peg is simply another flavor of fiat currency. Simply put, there is no way to back a reserve currency or a fractional reserve banking system with gold. It's easy to say that a world with very little credit would be a good world, but it would be a world with limited debt-based consumption, i.e. a world with little "growth." And without "growth," the system implodes.
The records in and of themselves aren’t necessarily an indicator of a coming crash, but they should certainly be raising warnings signs, especially considering that many experts, including traditional bulls and bears, are noting that markets have gone up too high, too fast.
Many Trump supporters who received coverage through the Affordable Care Act said they were overwhelmed by out-of-pocket costs and high deductibles, according to a survey from the Kaiser Family Foundation.
Administrators and their faculty enablers could have built on their traditional Protestant, regional heritage. Instead, they exchanged that heritage for the chance to become a caricature of Berkeley. The college is now hurting.