The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets
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.
Solid Advice You Won't See on TV or in Newspapers
By Adam Weiss - August 23, 2011
The Collapse of the Dollar is written by two prominent and well known experts in the field of finance and money. James Turk founded GoldMoney.com and publishes an investment newsletter which he has been working on since 1987. He has also made many appearances in the media including on CNN, CBS and the Wall Street Journal. John Rubino is a well known author and he has written many books. He also writes for the CFA. The prominence and experience of these authors gives the book much more credibility and value.
It is clear that the authors know a lot about the subject they are writing about. The information contained is in depth but easy to understand. They explain everything that you need to know about the current situation and provide clear alternatives to avoid the mess yourself.
The book gives the reader a complete understanding of the problem and ends with a solution. The book is very well structured and begins by explaining why the US (and many other western... read more
Smarter than your average Bears
By Marvin D. Pipher - April 27, 2010
This book, like many others written in recent years, documents the problems currently facing the U.S. economy and the U.S. dollar; the reasons behind them; and the rationale for the almost inevitable collapse of both that economy and the dollar. And, like the others, this book offers a number of recommendations as to what its readers might be able to do to protect themselves from these eventualities. But this book is different in one happy respect.
It tells this economic story as a historian might tell it, in simple easy to understand language. Presented in this way: The major domestic and international economic decisions which led to today's crises can be seen to have been quite logical at the time and to have quite naturally followed one another. When placed in their proper context in this way, the decisions made down through the years and the rationale for those decisions are much easier to grasp. This makes it possible for the average reader to easily see how the... read more
Bail outs may lead to Collapse of the Dollar... Buy Gold/Silver Now!!!
By D. Ruiz "LoydDaRoyd" - September 24, 2008
If you understand the fiscal situation this country is in, the place the elected & non-elected officials wanna take it, and what will happen after that has taken place, this book is dead on.
Monetary policy in this country(USA) has been flawed since the inception of the federal reserve system in 1913. The Monetarist economists(Widely known as Anna J Schwartz & Milton Friedman) blame the fed's lack of action as the cause of the great depression. They believe if the fed had intervened and created a little more inflation at the time the deflation was occuring(aka Deflationary Depression), the Great depression would have lasted only 1-5 years. Ben Bernanke (current FED Chairperson) believes this theory, that's why he's currently inflating that debt away through bail-outs.
On the other hand, Hard money Economists (aka Ludwig von Mises' Austrian school of economics) blames the fed completely for the Great Depression. Since their inception in 1913 the fed has fueled... read more