Presidential candidate Ron Paul has long been a supporter of a return to the gold standard for the United States.
Though the economy regained some of its stability in 2011 and is projected to continue to rebound moving forward, many lawmakers around the United States aren't convinced the dollar will ever reach the strength it held prior to 2008.
From about 1880 to 1913, most countries adhered to gold as the standard backing currency.
Mass amounts of debt in U.S. households, unemployment and waning confidence in the strength of the U.S. dollar are factors that will help bring back the gold standard, a former advisor to President George W. Bush told a conference at a right-leaning think tank in the U.S. capital.
Amidst the Great Depression, the United States government decided to remove itself from the gold standard.