The New Case for Gold

The New Case for Gold
ISBN-10
0241248353
ISBN-13
9780241248355
Category
Gold
Pages
224
Language
English
Published
2016-04-07
Publisher
Portfolio
Author
James Rickards

Description

"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 are 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- there's always enough gold for a gold standard if we specify a stable, non-deflationary 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' for ever."

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