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Tag: gold standard

April 7, 2012 Tag: gold standard

Is A New Global Gold Standard Coming?

Is the world moving closer towards a new gold standard? Tom Cloud, Precious Metals Advisor, has the answer to this question, as well as the latest updates on gold, silver, and palladium in this week’s Precious Metals Market Update.

March 7, 2011 Tag: gold standard

13 States Say Dump the Dollar, Bring On the Gold!

Since 1971, American money has been valuable only because people perceive it to be valuable since the American government officially backs it. Prior to that, American money had a kind of intrinsic value as well – it was backed by gold held in Fort Knox and at the Federal Reserve. Some states however have decided that it’s high time that things changed back to the way they were. They’re looking to take their citizenry back to the gold standard.