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The New Case for Gold
Book

The New Case for Gold

Portfolio, 2016 más...


Editorial Rating

7

Recommendation

Financial guru James Rickards is a contrarian, skeptical of central banks and critical of Wall Street. He offers a measured analysis of gold as an asset class and a sober look at the forces that affect its value. Rickards is bullish on gold – he sees its price rising one day to $10,000 an ounce, but at times, he can seem a bit paranoid. He regards inflation as a socialist tool of wealth distribution and frets over the specter of confiscatory government policies. After reading his concise advice, even an optimistic investor might consider gold as a hedge. While never giving investment advice and affirming that the opinions herein are entirely the author’s, getAbstract recommends his thoughtful, surprising approach to investors seeking another view on gold.

Take-Aways

  • For all its compelling and redeeming qualities, gold remains a maligned asset.
  • Gold’s value lies in its role as money.
  • Economist John Maynard Keynes referred not to gold but to the gold standard as a “barbarous relic.”

About the Author

James Rickards wrote the bestsellers The Death of Money and Currency Wars. He is the editor of the newsletter Strategic Intelligence.


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