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Preface

Preface

As we entered the twenty-first century, we may have well entered the century of gold. For the first time in a very long time we are hearing talk about returning to a gold standard. Whether or not governments choose to move toward some form of gold standard is less important than the fact that the free market already is.

The world is in the process of rediscovering gold and is, in effect, moving toward a de facto gold standard, whether governments like it or not. No one can know for sure what shape this new gold standard will take, but given new technologies and the freedom of choice, it will at some point take on a life of its own. That is reason enough to strive to understand what a gold standard is and how it is different from the monetary system of today.


  

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