What Is the Best Kind of Gold Standard System?

Iâ??ve been discussing recently the idea of different kinds of gold standard systems. There are a lot of different options as to how you set up and operate these things. They all have the same goal: to maintain the value of the currency at a certain gold parity. And, they all must be functional; that is, it has to work. But, within those constraints, we can do things a number of different ways. . .