A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

What would happen if all the gold in the world disappeared?

Best Answers

Many very bad things. Not “Everyone Dies™” bad, but very bad. A LOT of electronics will malfunction, but it would be an exaggeration to say that everything electronic is going to break from the gold disappearing. read more

Because our economy is not on the gold standard nothing would happen. Its value is not based in gold but rather nothing at all. Gold is kept as a safeguard because if the economy did collapse and the dollar became worthless, gold could still be used as it has international purchasing power. read more

Related Types