http://www.resourceinvestor.com/New...ant-PIIGS-Gold-as-Security-for-Bailouts-.aspx German Labor Minister says EU countries that want bailouts should collateralized their loans with gold. This was inspired by the example of Finland that insisted that Greece use gold as collateral. This trend toward recognition of gold as the only reliable standard for measuring wealth will be FIERCELY resisted by Keynesians and advocates of fiat money, but the trend is gaining momentum. The imaginary paper method is failing.
