How would a gold standard affect the price of gold in dollars? | Gold ...

Question: How would a gold standard affect the price of gold in dollars?

I?ve been investing in precious metals, but before I invest anymore I want to get a feel for the possibility of a gold standard in the US. Ron Paul would fight for it, and Gingrich says he would too (although I think he?s bullshitting). How would that affect my investment?
I haven?t received an answer yet. The question is: how will it affect the price of gold in dollars.

Answer:

The gold standard only exists in the dreams of gold bugs and supporters of Ron Paul. It is an unworkable system, that?s why every nation in the world has gone off of it. So, it will not affect your investment, because it is nothing more than a commodity and could never supplant the current monetary system.

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