Steve Forbes: New administration in 2012 will return U.S. to Gold Standard

Bachmann, Perry, Romney as good as Gold?

From Eric Dondero:

Former two-time Republican presidential candidate Steve Forbes made some bold predictions in an interview with NewsMax; that Obama will definitely lose, and that a new Republican president will institute a gold standard.

I think in 2013 you’re going to see a new regime in Washington, and you’re also going to see in the next five years something that sounds astonishing today, and that is for the first time since the 1970s the dollar will be relinked to gold.

We will return to a gold standard. It will be a modernized version of it, but in essence it will be the basic principle that the dollar will remain constant with gold.

Editor's comment - Which begs the question, which GOP presidential candidate, Bachmann, Perry, Romney? So far, the gold standard hasn't been much of an issue in Iowa and New Hampshire.

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