Gold Standard, Swiss Francs, and The Sad, Sad Dollar
The first time I went to Switzerland, the gold-backed Swiss Franc was worth 25 cents. On my trip to Switzerland where I got the 2 ten franc notes they were worth no more than 75 cents each, making my bills worth about $15.00. Today, they are worth $22.67, making them a strong investment, for sure. If trends continue, they may end up as the strongest investment I own. That is why I am recommending this article.
We all learned in school that returning to the gold standard was folly. Would it be? It might just lift us out of this slide to second world status in which we seem to be involved. Time to rethink the whole situation.