How much does gold move if we go back to the gold standard?

Discussion in 'Economics' started by robbie380, Oct 22, 2008.

How much does gold move if we go back to the gold standard?

  1. 500+% increase

    4 vote(s)
    26.7%
  2. 200%-500% increase

    4 vote(s)
    26.7%
  3. 100%-200% increase

    2 vote(s)
    13.3%
  4. 51%-100% increase

    1 vote(s)
    6.7%
  5. 11%-50% increase

    0 vote(s)
    0.0%
  6. 0%-10% increase

    1 vote(s)
    6.7%
  7. it declines

    3 vote(s)
    20.0%
  1. I have been trying to figure out what would happen if this did occur. Granted, I know this will not happen any time soon (if ever), but I would like to keep my eyes open to possible future events. I'm not in any gold now but I am considering different ways to get a portion of my money out of dollars.

    If you guys have any good books or links to read please post them. Thanks.
     
  2. also, if anyone feels the urge to justify their reasoning that would be great too. just trying to learn as much as i can.
     
  3. so does anyone have any helpful explanations for their answer?
     
  4. I'm not sure it can be done at this stage. Given that there's only a certain amount of gold on the planet, doesn't this necessitate a massive destruction in wealth to acheive?
     
  5. :confused: