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Will this affect things with a Gold Standard on that . First what force is off the Gold Standard supposedly . We were not playing by the rules with the Bretton Woods system at 35 an ounce. Nixon was worried about reelection in the economy was not responding quickly enough so the theory was out there it would boost the economy in for one year they put in wage price controls then the economy crashed so it was bad intellectual theory but not their real crisis any of the economic problems were small compared to the crisis we had in the past there was no sensible reason to do its with that industrial use of gold it is a small fraction and reusing less we dont use it anymore for fillings once upon a time we had gold and silver. So for most gold is for store of value and ornament but nothing to do say we need all 5. 5 billion danc ....

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