As Good as Gold – Lewis Lehrman


Return to the Gold Standard

Whether or not the stock market is pricing correctly in a devastating double dip recession remains to be seen.

But gold bugs are still betting that more trouble is coming.

Gold hit a record price on Aug 18, 2011 1830 dollars an ounce during the trading day.

This has my next guest ringing the bell why the United States dollar should return to

Has Paper Currency Failed America?

dollar-chart-1913-2012

Chart: U.S. Dollar 1913 to 2012

Throughout the centuries gold has been crowned the currency of  “Captains and Kings” and if the GOP has it’s way, it will again become the standard for the US dollar. The US dropped the gold standard in 1971, under Richard Nixon. At the Republican National Convention, the platform committee called on Congress to establish a “gold commission” which would examine whether or not to restore the country to the gold standard.

Lew Lehrman, author of “True Gold Standard” believes that in order to preserve America’s economic prosperity,