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Gold Standard History Lesson

2009-08-08 142 Dailymotion

More gold related video at <br />http://www.BullionDeluxe.com/gold-bullion/silver-gold-and-platinum-bullion <br /><br />The gold standard is a monetary system in which a region's common medium of exchange are paper notes that are normally freely convertible into pre-set, fixed quantities of gold. The gold standard is not currently used by any government, having been replaced completely by fiat currency. <br /><br />http://www.BullionDeluxe.com

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