But if one looks carefully between the clouds of the gathering global monetary storm one can discern a distinct silver lining, or rather a golden one as it were.

One way to benchmark the order of magnitude price increase for gold would be to allow the price to rise to a level that would back a substantial portion of the narrow or perhaps even broad money supply of major currencies. At current prices gold only backs about 5% of the narrow major currency global money supply and barely 2% of broad money. A substantial price increase would thus be required to restore gold backing to where it was under the Bretton Woods system, for example, when it exceeded 20%.