They May Have to Go to a Gold Standard

People are going to have to pay attention to that. And either the Chinese are dopes, which they�re not, or people will start to get gold, which they will.

But if there�s a run on paper currencies (which is entirely possible) and there�s borderline hyperinflation (which is entirely possible), they may have to go to a gold standard� Not because they want to, but because they find it necessary to calm the markets.

- Jim Rickards via Wall Street Pit:

http://wallstreetpit.com/100623-your-personal-gold-standard/