Tag Archive: backed by gold

Gold as a World Currency

It’s no secret that gold, silver, and other precious metals are viewed as the embodiment of wealth. After all, these precious metals have been used by man for thousands of years to facilitate exchange, back paper currency, and protect assets. Not too long ago, the United States and other parts of the world were on the gold standard in which every unit of currency had to be “backed up” by gold. Could a return to a gold standard be seen? Could gold simply become a... Continue Reading