Recovery, page-22

That has always been the mantra of those who are zealots for gold - and I guess you would have read their ideas just as much as I have.

There is no way that the world or any part of it will revert to the gold standard. The first reason is simple - there is just not enough gold in the world to support a gold standard.

There are numerous reports on why it was abandoned starting n the 1930's and even more on why it can't be re-adopted.

The gold zealots are no more than pushers of a cult of those predicting the end of civilisation and how holding gold will save people - until you ask them how would you value gold in those circumstances - oz of gold worth a house oe worth an egg. Their thinking does not extend that far. Be aware of them and avoid them like the plague.

In any case, gold producers need to find ways of increasing production - then they are less reliant on a constantly moving GP.

Thanks for the well structures reply - enjoyed reading it.