The New Case for Gold

The New Case for Gold by James Rickards, published by Penguin Publishing Group on April 5, 2016, presents a compelling argument for the value of gold as a crucial asset in today’s economic landscape. In this edition, Rickards challenges the prevailing notions that gold is outdated and insufficient to support modern finance. He draws on historical case studies and his personal investment experience to advocate for gold as a vital store of wealth and a potential standard for currency amid rising global political instability and market volatility.
Readers will find a thorough examination of the role of gold in personal finance and economic policy, along with practical advice on investing in this commodity. Rickards discusses the implications of potential financial collapses and emphasizes the importance of gold as a wealth preservation tool for both individuals and institutions. This book offers insights into the dynamics of investments and securities, making it relevant for those interested in commodities and monetary policy. With 182 pages, this edition is presented in English and aims to reshape perceptions of gold in the context of contemporary economic challenges.
Official synopsis Publisher
**USA Today bestseller and Wall Street Journal business bestseller**
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’re 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 as a nation: there’s always enough gold for a gold standard if we specify a stable, nondeflationary 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” forever.
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