Why the gold standard is due for a comeback A reserve currency can only
function as such if there is a general consensus that it provides a
stable store of value. Without this trust, money, no matter what form it
takes, will be abandoned either suddenly in a crisis, or gradually over
time in favor of something else. The Golden Revolution looks at how
the world is rapidly moving toward some form of global metallic
standard, in which money, at least in official, international
transactions, is linked directly to gold, silver, or both.
The practical reality of the transition to the coming global gold (or
bimetallic) standard is going to be substantially different from the
global fiat monetary and financial regime of today. It is not just money
that is going to change. The nature and business of banking will also be
affected, as will finance in general.
Incisive and thoughtful, The Golden Revolution is a treatise on the
broad effects of the current and future monetary structure.
- Looks at why the world is headed inexorably back towards a metallic
money standard
- Explores what the transition period might look like, including some
historical examples of both orderly and disorderly transitions
- Examines how the world of banking, finance, and investment, including
asset valuation and portfolio management techniques, will work under a
future gold standard and which industries, countries and markets are
likely to benefit and which are likely to suffer
Full of advice on how investors can profit and protect themselves during
this critical time of change, the book knows that those who are prepared
will prosper, while those who won't stand to lose it all.
The accompanying reference guide is included as a PDF on this disc.
