Old: Is it a good investment? Why did we abandon the gold standard?

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See a?Budging(just a little) on
investing in golda? by N. Gregory Mankiw, Economic View, NYTimes, July 28, 2013. Also see, a?The gold
standard: A Panacea or More Malaise?a? by Kira Brecht, Sept 19, 2012, Trader Planet