In 1981 President Ronald Reagan established the "Gold Commission" to study a potential return to the gold standard. Ron Paul was on the Commission, and he co-wrote the dissenting opinion. The majority opinion of the Commission (shameful as it was) was to not return to a gold standard, but at least Ronald Reagan had made the effort that I would consider something good from a President within my lifetime. We would have been much better off if the Commission had found for gold. As it was, it was close and the Federal Reserve was terrified by it.