Drafts of the party platform, which it will adopt at a convention in Tampa Bay, Florida, next week, call for an audit of Federal Reserve monetary policy and a commission to look at restoring the link between the dollar and gold.
The move shows how five years of easy monetary policy — and the efforts of congressman Ron Paul — have made the once-fringe idea of returning to gold-as-money a legitimate part of Republican debate.
Marsha Blackburn, a Republican congresswoman from Tennessee and co-chair of the platform committee, said the issues were not adopted merely to placate Paul and the delegates that he picked up during his campaign for the party’s nomination.
“These were adopted because they are things that Republicans agree on,” Blackburn told the Financial Times. “The House recently passed a bill on this, and this is something that we think needs to be done.”
Might I add, well no DUH!!! IF we go back to a set price for Gold, it would keep OUR economy from floating and being attacked by guys like Soros or countries like China. The question is, what price will they choose FOR the price of Gold? And, if we go on the Gold Standard, will they allow average 'mericans to own Gold?
Whatever they choose, it'll be better for the strength of the dollar to be tied to a set price for Gold.