Larry W. Reaugh argues that gold and silver could once again back global currencies.
The editorial is quoted as saying:
Gold is the longest lasting currency in the world with a 5000 year history. Governments cannot create gold like they can other currencies from paper or linen. One only has to look back at the prolific increase in the supply of paper currency worldwide to ask ’when the value of such currencies does collapse, what will the new currency be?’