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

Republicans Eye Return to Gold Standard

Gold Standard Idea Is ‘Nonsensical’

Ralph Silva, director at Silva Research network and Moorad Choudhry, head of treasury at the corporate banking division of RBS, described the US Republicans idea of returning to the gold standard as ‘nonsensical’ and ‘ludacris’.

The gold standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy.