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<p>[QUOTE=&quot;InfleXion, post: 1622686, member: 29012&quot;]Gold is valued and traded in every currency differently, not just USD. A gold standard is a peg to gold, not the US dollar which is not backed by gold. The USD stopped being homogenous with gold price in 1971. I do agree it would make them more vulnerable to market manipulation since the price of gold would impact their currency&#039;s buying power, but it is not the gold standard that would cause the problem, it would be the speculators and the lack of a fair mechanism for price discovery.[/QUOTE]</p><p><br /></p>

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