Look what happened in the US, fiat money was sound currency backed by gold, France looked through America's bluff and got half of the US gold stockpile back in trade for their US currency, Richard Nixon removed the gold standard because if everyone traded in their US dollars they would have no gold left and US debt would remain thus the economy would implode. Sound money does sound good but nobody can trust governments no more. Silver has more uses than just intrinsic value, it's used in a lot of electronics so there is more of a demand for silver. Yes the price in munipulated because the elite reap their rewards from the profits of all electronics made. I keep my faith in both gold and silver. But silver will reap more rewards in the long run.