wsj we need to go back to gold standard, page-9

I remember Max Kieser saying if the USD had to be backed by gold again like it was before the early 1970's change to a pure fiat currency it would have to be fixed at 30,000usd + because of the massive increase in the M3 money supply and the limited amount of Gold around
Yes they will never do this as Fort Knox is empty the USA has very little real gold of there own and connot afford to buy any
The big driver of Gold IMHO will be the likes of china with there 1+ trillion of US tresury bonds converting the paper for real hard currency $1,200oz here we come mid 09 $10,000oz before 2015

as bullish as I am about Gold Silver will be 10x better investment