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Gold standard back?

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Uploaded on May 12, 2011

The US dollar use to be said to be "as good as gold." As the dollar declines, though, others elsewhere are starting to think otherwise. Russia, China and India have all been building up their gold supply, and with the US dollar in danger, is the return of a gold standard imminent? Goldline CEO Scott Carter says returning to a gold standard would force Congress to make America live within its means, crucial at a time the country spends more than a trillion and a half more every year than it brings in through tax revenues.

Follow Lauren on Twitter at http://twitter.com/laurenlyster

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