Here is the value of the US Gold Reserves in Dollars based on the market price versus the St. Louis Fed's Adjusted Monetary Base.
This chart is from goldchartsrus.com.
"The world needs a new generation of policymakers who don’t hobnob with billionaire speculators and who understand workers’ concerns. Unfortunately, the change will not come smoothly. Political turmoil in the West is very much about this. A heavy price has to be paid to bring about the change."
Andy Xie, SCMP 21 Sept 2018