US FED Buying gold?, page-4

Seriously, the world will NEVER return to the gold standard - and the reasons why are so obvious and numerous.

They got rid of the gold standard in 1971 because it was known that it could not stimulate the economy. Nations would not be able to change interest rates to quicken or slow down the economy and gold would have a set price as well for it to operate. If countries produced more good and services than the supply of gold then everything goes out of whack. There are a lot of reasons why a gold standard is unworkable - otherwise we would still have it.

There are a lot of gold spruikers around with agendas of their own but no one needs to believe everything these guys say without applying some logical analysis.