New Gold Standard is Coming?

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Sorry for the clickbaity title, but I came across a weird news article on a German stock website. The website deraktionär claims in bold letters that a new gold standard is coming. It's supposedly backed by the Bank for International Settlements (BIS). But I couldn't find any official source on their behalf.

The Source


The derAktionär cites an article from the italian financial newspaper il sole 24 ore where they claim that the BIS plans to introduce gold as a cash equivalent. This is also supposedly the reasons why banks have been buying more gold in the last years. If it's true, they will add the new paragraph at the end of March 2019.

Implications


So, what would this mean for gold? This would raise gold to the level of treasury bonds and would make it a very stable and even more liquid asset. Central banks could hold gold instead of cash.

But alas, it's nothing more than a rumour. What do you think, are the newspaper running out of things to write about? Would there be actually any difference when they add this paragraph? And why is there no official source? It's probably just a clickbait title. Like this blog post.

New Gold Standard is Coming? | Ecency