The guide to returning to a gold standard
All that glitters is gold and gold has never glittered so muchas it has in the last decade, reaching staggering new prices inrecent years. The definitive modern argument to returning to a goldstandard, The New Gold Standard succinctly and clearlyexplains the nature of sound money, the causes and cures ofinflation and deflation, the importance of fiscal responsibilitywithin a sound monetary system, and the reasons for recessions anddepressions.
* Little has been written beyond academic histories of the goldstandard, but gold standard expert Paul Nathan fills that void forthe first time
* Written for beginning and professional investors, the bookprovides guidance on how a gold standard will strengthen thedollar, reduce debt, and help stabilize the economy, offeringeasily applied strategies for investing in gold now and in thefuture
* The degree of depressions and recessions and the boom bustcycle can be avoided with a sustainable, stable monetarypolicy
* The international return to gold is not a fad but a sign of aworld in monetary transition
As long as governments continue to print money and deficitscontinue to rise, gold will be a hot commodity. As inflation creepsup, more and more talk will turn to returning to some version ofthe gold standard, and The New Gold Standard is the firstmajor work to explicitly address the challenges and benefits ofsuch a move.