Wednesday, March 23, 2011

Will America return to Gold Standard?

(Kitco News) - Uncertain economic times and distrust of fiat currencies have people around the globe flocking to the safety of hard assets, with gold and silver the primary beneficiaries of that discontent.

Some U.S. state legislators are starting to also look at what they can do to protect their local economies and many are wondering how they can enact a gold standard. It’s unlikely, however, that states can go very far without being in conflict with federal law.

Most famously, Congressman Ron Paul (R-Texas) has advocated the abolition of the . . .

Full story at: Commodity Online

1 comment:

american freedomist said...

Maybe we will return to the gold standard- Did you follow the monetary policy hearing Ron Paul held recently?