USD King at present., page-51

Tmacker69,

Your impression seems to me  to be indeed right.

Although the europeans were forced to abandon the gold standard during the WWI (the financial stresses imposed by the war were too high), the fact is that on the eve of the great depression the major players were all  back in one way or another in the gold standard.

Incidently, one must say that for lots of people that fact in general and the insane policies of the Bank of France in particular were the  major factors responsible for the great depression. This is, of course, something that goldbugs don't like to hear. But the story does not end there because Friedrich Hayek (true blue goldbugs must know who he was) seems to have jumped in defence of  such policy.

http://mises.org/profile/friedrich-hayek
http://uneasymoney.com/2011/12/17/hayeks-1932-defense-of-the-insane-bank-of-france/
http://mrzine.monthlyreview.org/2010/jackson170710.html