ADVANTAGES AND DISADVANTAGES OF GOLD STANDARD

Consequences of gold within the world monetary system

• The first consequence of a return of gold to the world money market, would affect its own consideration and reputation. If it were to become official, the enemy states of gold would turn into sympathetic friends of the golden metal, the central banks would no longer consider it a poor investment, which could be sold, and then fill their reserves with gold.
• That is to say, that all that hostile campaign and of prestige raised against the gold in the past decades, would disappear of blow. In the coming years, the change in the perception of gold would be extended and reinforced, from the highest economic officials to the small individual investors.