In my opinion, it's very risky to backed any coin by gold nowadays. gold price isn't a stable at this time.
sorry, but I don't agree with you buddy.
gold can be said to be the only one that has a stable price from time to time.
so I don't hesitate at all.
Backed by something is always good to the community who believes more in the company due to the potential it has because populous has already built a lot of trust in the market which helps them to gain more trust by backing gold with new purchases.