Sunday, 4 March 2012

Gold and the International Monetary System

To assess what contribution, if any, gold could make to the current international monetary system in the wake of the global financial crisis, Chatham House set up a global Taskforce of experts in 2011. It investigated the role gold could play:
• as an anchor;
• as a hedge or safe haven;
• as collateral or guarantee;
• as a policy indicator.
The Taskforce explored the advantages and disadvantages of reintroducing gold in the system and identified a number of possible scenarios for reform.
http://www.chathamhouse.org/sites/default/files/public/Research/International%20Economics/r0212gold.pdf 

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