# US gold coins as currency **URL:** \ **Category:** Factual Questions\ **Created:** [January 28, 2021, 12:45am UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657 "2021-01-28T00:45:45Z")\ **Posts on this page:** 9\ **Page:** 5
**Author:** ![Common\_Tater](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/common_tater/32/13846_2.png) [@Common\_Tater](https://boards.straightdope.com/u/Common_Tater)\ **Post date:** [May 22, 2024, 12:47pm UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/81 "2024-05-22T12:47:16Z")
> [@DrDeth](#): > > Basing your point on two of the most extreme dictatorships in history means- you have no point. So your contention is, that outlawing gold was the _hallmark of extreme dictatorship_. It necessarily follows this includes St. Roosevelt, understand. You’ve laid this out quite succinctly. Congratulations! LOL! ---
**Author:** ![mixdenny](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mixdenny/32/2962_2.png) [@mixdenny](https://boards.straightdope.com/u/mixdenny)\ **Post date:** [May 22, 2024, 4:29pm UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/82 "2024-05-22T16:29:21Z")
I just came across this Forbes article which states: “It’s hard to believe, but the world is beginning to lurch toward a gold-based monetary system,” …“This, despite the fact that the historical gold standard is held in almost universal contempt by economists and financial officials.” [https://www.kitco.com/news/article/2024-05-22/signs-global-gold-standard-gaining-traction-steve-forbes](https://www.kitco.com/news/article/2024-05-22/signs-global-gold-standard-gaining-traction-steve-forbes) ---
**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\ **Post date:** [May 22, 2024, 4:33pm UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/83 "2024-05-22T16:33:48Z")
[This](https://www.forbes.com/sites/steveforbes/2024/05/21/the-signs-are-there-the-gold-standard-is-coming-back/?sh=18845a39650a) is the original article (really an opinion article) written by Steve Forbes. ---
**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\ **Post date:** [May 22, 2024, 8:28pm UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/84 "2024-05-22T20:28:02Z")
> [@Common\_Tater](#): > > So your contention is, that outlawing gold was the _hallmark of extreme dictatorship_. No. My contention is- your examples were bad. Try again. ---
**Author:** ![Common\_Tater](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/common_tater/32/13846_2.png) [@Common\_Tater](https://boards.straightdope.com/u/Common_Tater)\ **Post date:** [May 23, 2024, 2:06pm UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/85 "2024-05-23T14:06:08Z")
So the Nazis and Communist regimes _aren’t_ an example of oppressive government? That’s a stretch. Good luck with that. (I know that’s not your belief, but these two governments outlawing gold are most assuredly not “bad” examples, just highly toxic to your argument) Someone upthread sort of alluded that hardly anyone else outlawed gold, to suggest these guys are “bad examples” takes some seriously contorted pretzel logic. Getting past all this nonsense, as it is tedious, I think it is interesting to make the claim that money by definition is a “medium of exchange” that people agree on. OK. All sorts of things can be used as money. But you seem to believe that only a _legal tender_ can be money. To hold that view, you necessarily the have to be OK in principal with oppressive regimes confiscating the wealth of its citizens. How is that even rational? Does it occur to you that there might be some connection between gold and human liberty? ---
**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\ **Post date:** [May 23, 2024, 9:09pm UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/86 "2024-05-23T21:09:48Z")
> [@Common\_Tater](#): > > But you seem to believe that only a _legal tender_ can be money. To hold that view, you necessarily the have to be OK in principal with oppressive regimes confiscating the wealth of its citizens. Nonsense. ---
**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\ **Post date:** [May 23, 2024, 10:29pm UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/87 "2024-05-23T22:29:09Z")
> [@Common\_Tater](#): > > Does it occur to you that there might be some connection between gold and human liberty? OK, I’m curious; what’s the connection? ---
**Author:** ![Chronos](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/chronos/32/134_2.png) [@Chronos](https://boards.straightdope.com/u/Chronos)\ **Post date:** [May 24, 2024, 12:50am UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/88 "2024-05-24T00:50:49Z")
[Moderating] Since this thread seems to have devolved entirely into “@Common_Tater endlessly advertises for the gold standard”, which is not at all the original topic, I think it’s best to just close this. If anyone wishes to continue the current discussion, do so in a thread on that topic, in the appropriate forum. ---
**Author:** ![Chronos](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/chronos/32/134_2.png) [@Chronos](https://boards.straightdope.com/u/Chronos)\ **Post date:** [May 24, 2024, 12:50am UTC](https://boards.straightdope.com/t/us-gold-coins-as-currency/931657/89 "2024-05-24T00:50:54Z")
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