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<p>[QUOTE=&quot;Morgan1878, post: 1179718, member: 17869&quot;]I could visualize a hybrid standard incorporating gold. But that&#039;s what we have now with most central banks holding at least some gold. </p><p><br /></p><p>The direction appears to be towards diversification, holding various currencies, sovereign debt as well as PM&#039;s.</p><p><br /></p><p>The poster (justafarmer) who commented that a gold standard might put us at the mercy of certain countries has a valid point. It&#039;s not out of the question that some gold resource rich countries would mercilessly scrape the earth within their borders to boost their own reserves and exert influence over gold poor countries.</p><p>&nbsp;</p><p>It might resemble the oil cartel re-dux.</p><p><br /></p><p>I&#039;m sure there are good reasons to support a gold standard, but I believe it&#039;s a huge stretch to think it will happen.</p><p><br /></p><p><br /></p><p>Presently, among the global economies, I don&#039;t see much support for a gold standard, although the subject is raised from time to time. I seem to remember in the past year, the head of the World Bank spoke at length about it. As I recall, his speech was not so well received.[/QUOTE]</p><p><br /></p>

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