The New Case for Gold
A**R
The New Case For Gold is Rickards Manifesto!
In his newest book, The New Case For Gold, Jim Rickards has produced his most powerful and timely work yet. In a very articulate narrative he explains all the reasons why the average person needs to acquire gold and acquire it NOW. Rickards takes a very complex global monetary and economic subject and puts it into very simple and understandable terms. Whether or not you are an experienced gold advocate or a complete newbie to the world of gold you will learn something. Mr. Rickards is a very smart and accomplished expert in the world of global finance. He uses that expertise to share the big picture and all the "moving parts" that are involved between the major players on the world stage. Rickards gives a thorough historical background of the part gold has played in the world economies. His advice to regular folks who may not be investment savvy and looking for a simple strategy to protect their wealth is to own physical gold as insurance or a hedge against a potential monetary and economic crisis. This book is not just recycling the old justifications for owning gold. Rickards points out the majority of our money and wealth is in a digital form these days. Consequently our portfolios and bank accounts are at very high risk of "cyber financial terrorism"! He warns us that hackers from our international competition are perpetually attempting to break into our government and large financial institutions computer systems to bring them crashing down, reeking havoc and disaster. Physical gold, says Rickards, is a tangible asset that can't be hacked. These are only a few justifications in a long list that Rickards promotes. The New Case For Gold is the most comprehensive work about what's going on in the global economic, monetary and currency wars with the most rational financial strategy for us regular investors. The message: Buy some physical gold NOW while it's still available and affordable. Invest the $15 for the book. It may be the best investment you ever made. TC
A**H
Awesome book that is a must read! Worth more than its weight in gold.
I read Currency Wars, another book written by the author, a while ago. Even though I was impressed by the concept the author presented in that book, I was turned off by his writing style. In that book, the author spent chapters and chapters bragging about himself telling us how great and important he was, perhaps to establish credibility. The reader had to sift through the fluff to get to the gems of wisdom. As you probably already know, that book made the author famous and currency wars is now a widely understood and often quoted concept in mainstream media.This book is very different in that regard. It is concise, to the point, mostly factual and the arguments that the author presents are based on sound economic principles. There is very minimal bragging by the author so hardly any fluff. I was able to finish the book within a weekend reading off an on during the day. I am utterly impressed by the author. He is not only knowledgeable but also a genius who can use his knowledge to visualize the future. His arguments are extremely sound. It is amazing how he explains complex economic concepts in simple language for the regular reader. Most readers will not even realize that he is using Masters or PHD level economic concepts to explain what is happening and what will happen. I have a master's in economics from a top school in the nation so I understand the concepts he is using to arrive at certain conclusions.Another reason I was impressed by this great man is his acknowledgement that he may be wrong. That is the mark of a wise and experienced person because you really never know what will happen in the future. He presents various scenarios on what will unfold in the future without making predictions with certainty. He only suggests that you put 10% of your investible assets in gold. Why? Because he says that even if he is wrong, you will lose minimal amount of money.Even though I have more or less come to the same conclusions as the author and believe that what he is saying is probably right, it is possible that the future may unfold differently. Regardless, read this book! It is worth your time and money.Mr. James Rickards, has done an amazing job this time!
O**Z
good read
Easy to understand, quick to read. Exactly what I was looking for. It goes deep enough into the economics to make it interesting for people wanting to learn.Only drawback is that there is nothing new for people who have read any of his books before. More of the same with new data.
F**C
Old advice, but good advice. Up-to-date justification for it.
Great book, great advice, and a great case for gold. A lot of this advice isn't entirely new to me; a financial planner had previously suggested that I keep 10% of my assets in bullion. Another informal financial advisor, my grandfather, has told me stories of his experience during the great depression and how unreliable banks and the government can be. He advises that you should absolutely keep your money in a bank, but you should also have physical currency in case your accounts are frozen. James Rickards justifies it further: gold helps you protect against both inflation and deflation. He talks about how gold, is the ideal element to be money: it's scarce but not super-rare, it doesn't tarnish, it doesn't give you cancer, it's pretty, and it has no commercial applications to make it a commodity (I'm paraphrasing). He also talks about a lot of the recent events leading up to the recession, and the economic measures taken by various organizations to counter it. I have zero training in economics, so some of this was over my head (though it made me interested in learning economics). Bottom line: great advice. Whether or not you believe the dollar will collapse; whether or not you believe we will return to a gold standard, this book justifies the rationale of putting some of your assets (10%) in bullion, preferably gold.
B**N
Golden review
I found the information to be very helpful but in all honesty that just applied to two chapters. Perhaps this is due to the fact that I was familiar with the previous chapters! Wow I felt smart
V**U
Amazing Book
Small, Compact, Racy and very informative. Highly enjoyable
R**N
Great book about gold from a macro-economic perspective
Great book. Very valuable insight in the financial markets. I finally begin to understand the complex financial interactions between the US and China, as well as the influence this has on the price of gold.
J**O
EN TIEMPO Y FORMA
Todo bien, llego a tiempo, rápido como siempre y bien ensamblado.
M**S
New case for GOLD
Livré dans les délais sans retard et Livre en parfait état
A**O
Interesting
Too short but it was written by somebody who is not a fund manager with an independent view about gold. It’s a pity, and at some point regrettable, his left oriented opinion about Economy
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