The New Case for Gold

Category: Livres anglais et trangers,Business & Investing,Economics

The New Case for Gold Details

**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 eco­nomic 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 preserva­tion 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 argu­ment in this book will change the way you look at this “barbarous relic” forever.

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Reviews

(2 fois moins cher en anglais qu'en franais, mentionner au passage)L'auteur dlivre un cas trs convaincant pour le retour de l'or en tant que monnaie, l'or que personne n'imprime foison, qui a une disponibilit finie et qui a toujours servi de monnaie d'change, et qui survivra certainement l'euro.Mais c'est un plaidoyer d'avocat qui dfend sa cause trs intelligemment et avec conviction. On aimerait aussi entendre un rquisitoire contre l'or, pour faire la part des choses et se forger une opinion plus solide. Il n'empche, on se prend trs srieusement penser que s'il a raison, et il y a de bonnes chances qu'il ait raison, ceux qui auront constitu leur cagnotte en or chapperont la dconfiture qui menace ceux qui sont confiants dans les monnaies actuelles.

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