World: Gold and the International Monetary System

From: Yona Maro

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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