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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.
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.
272 pages, Paperback
First published November 19, 2008
About the author
James Turk
22 books8 followersJames Turk has specialized in international banking, finance, and investments since graduating in 1969 from George Washington University with a B.A. degree in International Economics.
He began his business career with Chase Manhattan Bank (now J.P. Morgan Chase), which included assignments in Thailand, the Philippines and Hong Kong. In 1980 he joined the private investment and trading company of a prominent precious metals trader. He then moved to the United Arab Emirates in 1983 to be appointed Manager of the Commodity Department of the Abu Dhabi Investment Authority, a position he held until resigning in 1987 to begin Greenfield Associates. He established the firm to publish his work and to provide investment research and trading advice, principally to investment managers, hedge funds and commodity trading advisors in the United States and Europe.
James is the founder of goldmoney.com, which he established in 2001 to provide a convenient and economical way to buy and sell gold, silver and platinum online using the digital gold currency for which he was awarded four US patents. He is the Lead Director of Goldmoney Inc., which is listed on the Toronto Stock Exchange (symbol: XAU).
James has written several monographs on money and banking. He has frequently appeared as a featured guest on radio and television and at investment conferences to speak about gold, money, and the international monetary and banking system by drawing upon over five decades of experience in international finance.
He began his business career with Chase Manhattan Bank (now J.P. Morgan Chase), which included assignments in Thailand, the Philippines and Hong Kong. In 1980 he joined the private investment and trading company of a prominent precious metals trader. He then moved to the United Arab Emirates in 1983 to be appointed Manager of the Commodity Department of the Abu Dhabi Investment Authority, a position he held until resigning in 1987 to begin Greenfield Associates. He established the firm to publish his work and to provide investment research and trading advice, principally to investment managers, hedge funds and commodity trading advisors in the United States and Europe.
James is the founder of goldmoney.com, which he established in 2001 to provide a convenient and economical way to buy and sell gold, silver and platinum online using the digital gold currency for which he was awarded four US patents. He is the Lead Director of Goldmoney Inc., which is listed on the Toronto Stock Exchange (symbol: XAU).
James has written several monographs on money and banking. He has frequently appeared as a featured guest on radio and television and at investment conferences to speak about gold, money, and the international monetary and banking system by drawing upon over five decades of experience in international finance.
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Displaying 1 - 6 of 6 reviews
April 14, 2023
Must read
Over the next few months we will find out value of this book. Read and prepare for what is ahead. It could be a repeat of Long Term Capital! Or worse. This book provides the information that you may need.
Over the next few months we will find out value of this book. Read and prepare for what is ahead. It could be a repeat of Long Term Capital! Or worse. This book provides the information that you may need.
February 2, 2011
I'll be honest, I was given this book as a gift and the title seemed about as dry and dull as it could get.
But it turned out to be a pretty enjoyable read. The first half of the book covers some very interesting history of financial collapse in the last 2000 years.
It definitely gets dry by the second half when they start talking about the specifics of how and what to buy, but overall I think this was a pretty informative and useful book.
But it turned out to be a pretty enjoyable read. The first half of the book covers some very interesting history of financial collapse in the last 2000 years.
It definitely gets dry by the second half when they start talking about the specifics of how and what to buy, but overall I think this was a pretty informative and useful book.
August 30, 2008
Presents a pretty compelling case for why our economy is going down the toilet - not that you need a book to tell you this - and also for investing in gold as a way to protect yourself from the impending dollar collapse. Gets too slow and tedious once they present all the investment option details, but the first half is pretty interesting stuff.
November 6, 2008
Great introduction to our money system and why it is collapsing. For a more detailed read, 'Web of Debt' is essential.
April 3, 2012
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!
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November 19, 2015Snoozer.
Displaying 1 - 6 of 6 reviews