Is Gold the Worst Investment Ever? Here Are 8 Reasons Why

The gold standard isn’t coming back

Sadly for the hard-core gold bugs there will never be a return of the gold standard, not even if the economy implodes and dollars are worthless. There is just not enough gold in the world to be used as a value-backed money medium. If gold was turned into money it would end up being money as detached from real value, as paper is now. The Romans used gold as money and guess what, they had inflation too. Paper doesn’t create inflation and devaluation, government does, and that will happen with a gold-backed currency or without it.