Return of the gold standard
Return of the Gold Standard as world order unravels. As the twin pillars of international monetary system threaten to come tumbling down in unison, gold has reclaimed its ancient status as the anchor of stability. Read more
Comment: There won't be a new gold standard. Even if such a system could be installed, it would constantly be under threat from the political system. Yet what may emerge in the future could well be a free banking system. Such a system would not need its formal institutionalization but could actually grow out naturally from the coming currency chaos.
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