In response to:

To Get Rich Is Glorious: Is the Gold Standard Emerging in China?

saawshank Wrote: Oct 03, 2012 12:03 PM
What really boggles my mind is the huge outlays for military and defense spending. I remember scratching my head when days after the 9-11 attacks, and the White House at that time said there was no connection to Saddam Hussein, yet somehow there was already talk of an invasion to Iraq. Amazing how some defense contractors, for example Halliburton, quadrupled its share price after the invasion of Iraq. I think Washington is ridden with con men and the disingenuous, who really have very little regard for what happens to the long term fiscal health of our nation and its citizens.

As noted in last week’s column about the rising recognition by authorities in Germany about the virtues of gold, the gold standard is receiving impressive new recognition internationally. The GOP plank calling for a commission to study “possible ways to set a fixed value for the dollar” — with an unmistakable nod to gold — is the most prominent element of the 2012 GOP platform still being heard to “reverberate around the world.” Meanwhile, it continues to gain impressive momentum in the United States.

CNN’s Kevin Voigt writes, in The China Post, “Currencies: Re-evaluating the ghost of...