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The Golden Revolution John Butler

The Golden Revolution By John Butler

The Golden Revolution by John Butler


$62.99
Condition - Good
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Summary

Why the gold standard is due for a comeback

A reserve currency can only function as such if there is a general consensus that it provides a stable store of value. Without this trust, money, no matter what form it takes, will be abandoned-either suddenly in a crisis, or gradually over time-in favor of something else.

The Golden Revolution Summary

The Golden Revolution: How to Prepare for the Coming Global Gold Standard by John Butler

Why the gold standard is due for a comeback

A reserve currency can only function as such if there is a general consensus that it provides a stable store of value. Without this trust, money, no matter what form it takes, will be abandoned-either suddenly in a crisis, or gradually over time-in favor of something else. The Golden Revolution looks at how the world is rapidly moving toward some form of global metallic standard, in which money, at least in official, international transactions, is linked directly to gold, silver, or both.

The practical reality of the transition to the coming global gold (or bimetallic) standard is going to be substantially different from the global fiat monetary and financial regime of today. It is not just money that is going to change. The nature and business of banking will also be affected, as will finance in general.

  • Incisive and thoughtful, The Golden Revolution is a treatise on the broad effects of the current and future monetary structure
  • Looks at why the world is headed inexorably back towards a metallic money standard
  • Explores what the transition period might look like, including some historical examples of both orderly and disorderly transitions
  • Examines how the world of banking, finance, and investment, including asset valuation and portfolio management techniques, will work under a future gold standard and which industries, countries and markets are likely to benefit and which are likely to suffer

Full of advice on how investors can profit and protect themselves during this critical time of change, the book knows that those who are prepared will prosper, while those who won't stand to lose it all.

About John Butler

John Butler worked for over 15 years asan interest rate, foreign exchange, and commodity strategist at major banks around the world before founding Amphora Capital, an independent investment and advisory firm, in London. He has written extensively on financial topics, and his work has been cited in the Financial Times, the Wall Street Journal, and the Frankfurter Allgemeine Zeitung, among other publications. He is also the author and publisher of the popular Amphora Report newsletter and is an occasional speaker at global investment conferences. He resides in the English countryside with his wife and four children.

Table of Contents

Acknowledgments ix

Introduction: Why a Gold Standard Lies in Our Near Future 1

Part I Why the Days of the Fiat Dollar Are Numbered 7

Chapter 1 The Window Closes 13

Chapter 2 Stagnation, Stagflation, and the Rise of Darth Volcker 23

Chapter 3 Of Bubbles and Bailouts 35

Chapter 4 Why Financial Genius Fails, or, a Forensic Study of the 2008-2009 Global Credit Crisis 41

Chapter 5 An Unstable Equilibrium 51

Chapter 6 The Inevitability of Regime Change 73

Part II Running the Golden Gauntlet: Transition Scenarios Back to a Gold Standard 79

Chapter 7 A Golden Bolt out of the Blue 85

Chapter 8 Golden Preparations 95

Chapter 9 Long-Forgotten Suggestions for How the United States Could Return to Gold 115

Chapter 10 The Golden BRICs 125

Chapter 11 When All Else Fails, Enter the Gold Vigilantes 133

Part III The Economic, Financial, and Investment Implications of the Coming Global Gold Standard 137

Chapter 12 The Role of Central Banking under a Gold Standard 143

Chapter 13 Valuation Fundamentals under a Gold Standard 155

Chapter 14 Estimating Risk Premia under a Gold Standard 167

Chapter 15 Golden Winners and Paper Losers 181

Chapter 16 Some Implications of the Gold Standard for Global Labor and Capital Markets 189

Conclusion: The Golden Society 193

Further Reading 199

About the Author 206

Index 207

Additional information

GOR010255424
9781118136485
1118136489
The Golden Revolution: How to Prepare for the Coming Global Gold Standard by John Butler
Used - Good
Hardback
John Wiley & Sons Inc
20120410
214
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

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