Reply To: Why is there not a single country in the world on a gold standard TODAY?

[Hendrik]

Wouldn’t it give the country who starts to do this first a jump start?

Say Switzerland does this. They are the 7th biggest gold holder but only the 20th biggest economy worldwide. I don’t see how they wouldn’t benefit but someone smarter than me needs to chime in on this. I have tried to google a good answer but couldn’t find anything.

Here is a list of who holds the most gold and the west dominates the statistics

https://tradingeconomics.com/country-list/gold-reserves

(Pretty surprised to see Germany and Italy at 2 and 3 respectively.)