return the gold standard as world unravels, page-26

The market will choose the next standard, if only for the short term. Currently the choice is gold.

All currencies are a confidence game and fiat is going down hard. It may take some time to re-establish trust in goevernments and their paper funny money, it's still early days yet but people are getting nervous. Depending on how far the contagion spreads the powers that be may be forced into a corner. They will need to re-establish confidence and they may well have to peg back to gold if in name only.

The Swiss franc is backed 40% by gold, currently it's performing as the strongest curreny on the planet. Why do you think that is?