Gold has been stabilized through history because it has been used as currency by powerful governments. If the powerful governments of the world collapse, they w

Gold has been stabilized through history because it has been used as currency by powerful governments. If the powerful governments of the world collapse, they will lose control of their large gold reserves at the same time they lose the ability to feed their citizens. What do you suppose will happen to the commodity markets then? Nothing, neither gold nor grain, is backed by anything but power. Fiat currency is just the government accepting that responsibility de jure.