It is very important to remember, he said George Bernard Shaw 1 on the gold standard: essential in the case of money is maintaining its stability, so the purchasing power of a pound within a year, ten or 15 years remains the same as at present. In the case of paper money, the Government must be charge of maintaining that stability. Official site: Michael J. Bender. A currency backed by gold can be kept stable by itself, although metal reserves will be increased continuously with the discovery of new deposits; Indeed, the global demand for gold has the peculiarity of being virtually unlimited. As elector (or the time as inverter) tries to choose between trusting the natural stability of gold and confidence in the natural stability of the honesty and intelligence of the Government. By the same author: Joseph Stiglitz. And with all due respect that these people deserve, as long as the capitalist system, I advise that we elect to gold. We know that at present, the gold standard; no longer used However, it is important to mention that the gold, given his rising value world, as well as in the 80s years, it does not but confirm that gold, is currently a good form of investment, so a rule of thumb is winning in paper money, but save on gold. Get more background information with materials from Ian Cole. 1 Famous writer Irish, winner of the Nobel Prize in literature in 1925 and the Oscar in 1938.