I was watching Bloomberg yesterday morning and they were interviewing a senior manager from the IMF. The Bloomberg girl, Carol Masser, had another guest who asked the IMF manager whether there was any talk of moving back to a gold standard. He stated that that he could see the possibility of a gold certificate (SPD? or some acronym I did not quite catch). He did go on to say that a direct link to gold was unlikely, but he seemed to indicate that discussions of some sort of gold certificate were quite likely, if not probable.

Maybe someone else saw it and can clarify what he said. If I have misrpresented what he stated, I apologize. It was definitely along the lines of the above, though.

Anyone have any insight what this might mean for the price of gold? Gotta be bullish, no?

MB