The monetary theory tackles the question of the role and place of gold is a highly controversial one.

This book by eminent Soviet economist examines the history and modern problem of gold as a monetary metal. Its theoretical basis is Marxist-Leninist political economy, in particular, monetary theory. The author explains the working of the gold standard and its real essence. His analysis of the gold question is linked with the problems of the crisis and evolution of the capitalist international monetary system. The author draws upon extensive historical material.

Translated from the Russian by K. M. Cook
Designed by Yu. Lyuter
Credits to the original uploader, this is a cleaned optimised version of the scan.

You can get the book here and here.

CONTENTS
Page
I. Introduction. Gold in the Life of Mankind 5
II. How Gold Became Money 20
III. Mining the Yellow Metal 36
IV. Where the Gold Goes 64
V. Gold Genocide 104
VI. The Power of Gold 122
VII. The Gold Standard and Its Agony 144
VIII. The International Monetary System 170
IX. The Fate of the Yellow Metal 202
Notes 237