Quote from: arbitrage001 on November 04, 2014, 04:14:32 PM

Quote from: camponez on November 03, 2014, 09:01:25 PM

Does anyone have an idea on what happen if a country decide to go back to a Gold standard?

Imagine that there is no threat to this country come from the others. It's a middle sized economy.

Its economy would become strong. It would not be able to inflate there currency for obvious reason.

What are the pros and cons? A fly solo like this is even possible/imaginable?

I'm just curious to know what you guys think it might happens.

Russia and China already accumulated a lot of gold. Any deal between these two countries will probably be backed by gold.

I'd like to see that happen...