The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets

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Random House LLC, Nov 19, 2008 - Business & Economics - 272 pages
8 Reviews
The dollar is in trouble. Its value on foreign exchange markets has been falling for the past six years, and now its gradual decline is about to become a rout. This spells big trouble for the American economy—but potential riches for smart investors. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis.

The United States today is the world’s biggest debtor nation. To finance this mountain of debt, we’re flooding the world with dollars. The resulting oversupply of dollars will cause its value to decline until it is displaced as the world’s dominant currency. Precious metals will soar in value, and gold will reclaim its monetary role at the center of the global financial system.

James Turk, a leading gold authority and the founder of GoldMoney.com, and John Rubino, editor of the popular Web site DollarCollapse.com offer strategies for investing in gold coins, gold stocks, gold-based digital currencies, and other hard assets to create a profitable portfolio.

The Collapse of the Dollar and How to Profit from It is a must read for every citizen and investor.


From the Trade Paperback edition.
  

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Review: The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets

User Review  - Dogson - Goodreads

A good wakeup call. These kinds of books are good to read a half decade after they're written, to avoid total freakout - but economies running on fiat currencies really work this way. Get that gold! Read full review

Review: The Coming Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets

User Review  - David - Goodreads

Good overview of the US monetary system and one solid theory why we're in the current mess we are. Read full review

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Contents

FIAT CURRENCIES ALWAYS FAIL
9
Chapter
12
WE OWE HOW MUCH???
17
UNBALANCED TRADE
29
WERE ALL REFLATIONISTS NOW
35
THE FIRST GOLDEN AGE
47
THE RISE OF FIAT CURRENCIES
57
GOLDS ROLE IN TODAYS WORLD
71
Chapter
99
TOMORROWS GOLD STANDARD
237
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About the author (2008)

JAMES TURK is founder of GoldMoney.com, which operates the leading digital gold currency payment system. He also publishes the Freemarket Gold & Money Report (fgmr.com), an investment newsletter he founded in 1987. Previously, after a decade with the international department of Chase Manhattan Bank, he managed the commodity department of the Abu Dhabi Investment Authority. His media appearances include CNN, Bloomberg, and CBSMarketWatch, CNBC, Barron’s, the Wall Street Journal, and Financial Sense Online.

JOHN RUBINO is the author of How to Profit from the Coming Real Estate Bust (Rodale, 2003) and Main Street, Not Wall Street (Morrow, 1998). He spent the 1980s as a Wall Street financial analyst, and the 1990s as a regular contributor to theStreet.com, Individual Investor, Ziff/Davis/SmartBusiness, Online Investor, and Consumers Digest. He now writes for Fidelity, Kiplinger's Personal Finance, and CFA.


From the Trade Paperback edition.

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