In his initial term, Donald Trump expressed support for the gold standard, which has not been in use in the United States since the 1970s. Now, speculation about a potential return to the gold standard has resurfaced. Whether the next U.S. president will seek to undermine the Federal Reserve’s authority and reintroduce the gold standard remains uncertain. The gold standard ensures reliable price stability by tying paper currency to a tangible value. Germany adopted the gold standard in 1871, followed by many industrialized nations joining the system.

The outbreak of World War I, followed by World War II, along with rising debts and other factors, eroded confidence in the gold standard. In 1973, the system was abolished. Under the Bretton Woods Agreement of 1944, all currencies were pegged to the U.S. dollar, the global reserve currency. Today, fiat currencies dominate the world, and no country still uses the gold standard. A return to the gold standard would not be simple, as the U.S. does not possess enough gold to back its debts. Leading economists estimate that for a return to the gold standard, the price of gold would need to soar dramatically – potentially to around $27,000 per ounce. Such a shift would result in a significant devaluation of the U.S. dollar and potentially cripple global trade.

Additionally, even the world’s total gold reserves would likely be insufficient. Thus, the likelihood of a renewed gold standard remains low. However, having some physical gold and investments in gold companies could be a prudent choice for investors. It’s worth taking a closer look at Miata Metals and Revival Gold.

Miata Metals – https://www.commodity-tv.com/ondemand/companies/profil/miata-metals-corp/ – holds earn-in options for acquiring 100% ownership of the Sela Creek gold project in Suriname, as well as the Cabin Lake property in British Columbia.

Revival Gold – https://www.commodity-tv.com/ondemand/companies/profil/revival-gold-inc/ – is a pure-play gold mine developer in the western United States. Special attention is warranted for its Mercur Gold Project in Utah and the Beartrack-Arnett Gold Project in Idaho.

Current company information and press releases from Miata Metals (- https://www.resource-capital.ch/de/unternehmen/miata-metals-corp/ -)

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/