So, if gold is at $380, the average customer will bring in about 1
ounce.
If gold is at $4000, the average customer will bring 0.1 ounce
If gold goes to $40, then the average customer will come with 10
ounces.

I think you are thinking in terms of dollars. If gold goes to $4,000/ ounce, bread will cost ~$35.00/loaf. People are still going to buy the loaf of bread. The bread (gold) has not changed value, the fait has and people adjust.

Everyone is willing to spend XX percent of their money on gambling
(could be zero). No matter how it is denominated, they will "budget" say
1% for fun money and spend it.

Jeff


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