The "gold standard" doesn't mean gold necessarily, you seem pretty stuck on that. RP has stated this. " We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or Euros."

The current system sucks and needs to be revamped big time...I remember when I was in Germany and the euro was first introduced, how great was that $1-1.5 euro or so. Now look at it, pretty much reversed....we get loans from foreign countries for ridiculous amounts.

Our wealth needs to be backed by something real otherwise the way its going the all mighty dollar is in trouble. We need to pull in to the US and pay off China and get the dollar back where it should be.