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The new case for gold / James Rickards.

by Rickards, James

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Portfolio/Penguin, [2016]

9781101980767 (hc.)

1101980761 (hc.)

182 pages ; 22 cm

Includes index.

Gold and the Fed -- Gold Is money -- Gold Is insurance -- Gold Is constant -- Gold Is resilient -- How to acquire gold.

Gold - an irreplaceable store of wealth and a standard for currency. 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 and 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. Clear instructions on how much gold to buy and where to store it. James Rickards is the author of The Death of Money and Currency Wars. He served as a facilitator of the first-ever financial war games conducted by the Pentagon. He lives in Connecticut.

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