(The chart suggests to me that if we were to return to a gold standard, gold should be currently priced above 30,000 US$/ounce - provided that US gold reserve actually exists as officially reported and the money supply stops inflating)
From Goldmoney, 2012-FEB-04
By Alasdair Macleod
The consolidation of gold’s bull phase from October 2008 to the peak last
