The New Case for Gold

The New Case for Gold

Book - 2016
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**USA Today bestseller and Wall Street Journal business bestseller**

They say John Maynard Keynes called gold a "barbarous relic."
They say there isn't enough gold to support finance and commerce.
They say the gold supply can't increase fast enough to support world growth.

They're wrong.

In this bold manifesto, bestselling author and eco#65533;nomic commentator James Rickards steps forward to defend gold--as both an irreplaceable store of wealth and a standard for currency.
 
Global political instability and market volatility are on the rise. Gold, always a prudent asset to own, has become the single most important wealth preserva#65533;tion tool for banks and individuals alike. Rickards draws on historical case studies, monetary theory, and personal experience as an investor to argue that:
 
* The next financial collapse will be exponentially bigger than the panic of 2008. 
* The time will come, sooner rather than later, when there will be panic buying and only central banks, hedge funds, and other big players will be able to buy any gold at all.
* It's not too late to prepare ourselves as a nation: there's always enough gold for a gold standard if we specify a stable, nondeflationary price.
 
Providing clear instructions on how much gold to buy and where to store it, the short, provocative argu#65533;ment in this book will change the way you look at this "barbarous relic" forever.
Publisher: New York, New York : Portfolio/Penguin, [2016]
ISBN: 9781101980767
1101980761
Branch Call Number: 332.63 R421N 2016
Characteristics: 182 pages ; 22 cm

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e
ermi711
Jun 24, 2016

Very easy to read and understand. Richards is excellent at analyzing complex problems and communicating them in simple terms. A rare talent. Unfortunately, he is so persuasive he could sell ice to an eskimo. Beware that not all his conclusions may turn out the way he projects them. Do your own diligence and trust your inner voice to find out what is right for you.

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StarGladiator
Feb 08, 2016

What's missing from the Author Notes on Rickards is that he was with that hedge fund which almost brought down the world's economy back in the 1990s, and had to be bailed out [think it was called LTCM ???]. Rickards created a $1 billion plus Credit Default Swap - - which conceivably would have had a payout of $100 billion plus - - fact check everything this dude writes!

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