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Is gold money? Some Republicans think it should be.

The Republican Party is considering setting up a commission to ysl shoes examine the pros and cons of going back to the gold standard, according to draft documents of the party platform.

The official party platform won't be decided until Monday, but a Republican National Committee spokeswoman confirmed the draft language to CNNMoney.

The commission harkens back to the early 1980s, when President Ronald Reagan set up a Gold Commission with the same intention. Only two members of the 17-member commission endorsed a return to the gold standard. One of them was Rep. Ron Paul, yves saint laurent shoes  who remains an avid gold supporter.

"Now, three decades later, as we face the task of cleaning yves saint laurent 2012 up the wreckage of the current Administration's policies, we propose a similar commission to investigate possible ways to set a fixed value for the dollar," the new proposal says.

It's highly unlikely the United States would actually return to the gold standard. The country first moved away from the gold standard in 1933, and dropped it altogether in 1971. yves saint laurent outlet Despite support for its return by some on the political right, few mainstream economists support its reinstatement.