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The Case for Gold: A Minority Report of the United States Gold Commission

4.18  ·  Rating details ·  254 ratings  ·  15 reviews
This important and authoritative book by two of America's leading proponents of the gold standard has been acclaimed by policy analysts, congressional leaders, and investment experts alike. Originally commissioned by the U.S. Gold Commission and subsequently issued as a minority report of the Commission, The Case for Gold was the first official U.S. government investigatio ...more
227 pages
Published September 1st 1982 by Cato Inst (first published January 1st 1982)
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4.18  · 
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This thoughtful, well-researched examination of America's monetary predicament has only become more relevant in the 31 years since it was first published.

The book originally appeared in the Congressional Record as the minority report of the Gold Commission formed by the U.S. Congress at the prompting of Ronald Reagan shortly after he became president. The majority of the commission did not see a role for gold in the American monetary system, but Representative Ron Paul did. Along with coauthor L
Tim Kubiak
Rather dry economic and currency material but then again I didn't expect it to be wildly exciting seeing as I don't have a currency or FX fetish. Perhaps the most intriguing part of the book for me was learning of our nation's past monetary issues including in the revolutionary period. The impact while significant on the states and the nation of the first failed central bank, and devalued state issued currency did cause me to think about the long term possibility of an ever decreasing value of t ...more
Luka Nikolic
Jan 29, 2019 rated it really liked it
Very nice book, my only dislike is that the history part was a bit confusing at times, I think that "End the Fed" was more readable
Oct 15, 2012 rated it it was amazing
The Case for Gold completely obliterates the legitimacy and functionality of fractional reserve banking citing devastating historical evidence supplemented by the numerous boom and bust cycles induced by inflation while providing an overwhelming argument for the gold standard.
All forms of fractional reserve banking, whether the Federal Reserve, the Bank of the United States or the Post Civil War quasi-centralized banking system, are inherently inflationary systems that wouldn’t have occurred und
The content and format of this book reminded me a lot of G. Edward Griffen's book The Creature from Jekyll Island which I recently rated 5 stars for the truths it revealed and its perspective. Ron Paul's book was actually written 11 years earlier and contains a lot of similarities or should I say Griffin's book is similar to Ron Paul's.

No one is more of an authority on political and monetary freedom than Ron Paul. This book examines the US dollar's evolution from a precisely defined weight of p
Jun 15, 2011 rated it really liked it

A bit of a difficult read but only at first. Some of the early history of the USAs banking system was a bit heady but it got much more interesting and easy as it went on.

More importantly I came away from reading this with a profoundly deep understanding of central banking, the gold standard and our current fiat currency. Paul outlines the good, the bad and the ugly about our current system (mostly bad and ugly) and the same with what a gold standard would do.

After reading I know that we
Jan 28, 2015 rated it it was amazing
This is not the sort of thing that would appeal to the masses as few are interested in monetary theory, economics, banking, and history. However, if the common man understood the benefits of having sound and honest money, rather than the fiat currencies used by Governments around the world at present, there would be an enormous outcry from Joe Citizen for restoring gold and silver as money, and we'd see much greater prosperity at all levels of society, and much less government hijinks.

To anyone
May 14, 2014 rated it it was amazing  ·  review of another edition
The version of this book which I read was actually the 2nd edition, and I don’t know why the co author Louis Lehrmann was not mentioned on the cover or the interior pages, but this is an amazing book which has further cemented my faith in sound money. Obviously, some of the projections into 1992 were a little off, but the present economic circumstances tell us that Dr. Paul will be right, as usual.

The whole thing is only 200 pages even ( plus charts ) but the print is small, and it is printed on
Shea Mastison
Feb 03, 2012 rated it really liked it
Finishing this for a second time, I have to say I am a little less impressed with the analysis than before. Not to deny that there are dangers inherent in fiat currency; but many people who argue against it make such doomy forecasts, it's difficult to take them as seriously as their objective.

It would be excellent if our government fucntioned within its means. There's no excuse for the wealth redistribution possible by centralized banking; nor is there an excuse for the foreign adventurism that
Mar 26, 2011 rated it really liked it
An interesting history of the US dollar, banks, and economic growth/recession. As the title implies, this essay provides an excellent argument for reinstating a modern gold standard. Reading this book requires a certain level of interest in what some would consider a dry subject matter, yet I think that this book should be more widely read. In spite of having been written nearly 30 years ago, the principles of money and banking are surely just as pertinent to today's economic climate in the wake ...more
Apr 19, 2010 rated it it was amazing
Shelves: 2010
U.S. Representative Ron Paul is a smart guy! In the area of sound money, he is someone you should listen to and learn from.

Rep. Paul explains why we should have complete monetary freedom that is not regulated by government, but by the the market (the some of all our individual choices). He is for the freedom of each of us to make contracts with any form of money we choose. Legal tender laws are nothing more than the government using compulsion to force us to use counterfeit money printed out of
Aug 12, 2011 rated it it was amazing
Great history of the American banking and monetary system. Really makes you think regarding what really is legal tender? This is actually prophetic in many ways as it describes the devaluation of money because of inflation and debt, sounds a lot like 2008 United States to me.
Jan 02, 2010 rated it liked it
Ron Paul gives an interesting history on the gold standard and why he believes it is needed. Gives good food for thought and is definately quite apt for our time.. Mr. Bernanke take heed!
Eddie Guinn
Aug 20, 2015 rated it liked it
This book was very informative, but somewhat dry. The history of money and banking in the US makes it worth the read.
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Republican United States Congressman from Lake Jackson, Texas, a physician, a bestselling author, and a former 2008 U.S. presidential candidate.
Originally from the Pittsburgh suburb of Green Tree, Pennsylvania, he studied at Duke University School of Medicine; after his 1961 graduation and a residency in obstetrics and gynecology, he became a U.S. Air Force flight surgeon, serving outside the Viet