The War on Gold is a definitive study of the past, present, and future of the metal that Keynesian economists and political schemers have denounced as a 'barbarous relic.' The war on gold began... This description may be from another edition of this product.
This book is over 30 years old (copyright 1977). I read it back in 1979, along with William Simon's " A Time for Truth", Jude Wanniski's "The Way the WorldWorks"and Milton Friedman's "Free to Choose". These books helped to shape my political and economic ways of thinking. "The War on Gold" covers monetary history quite well and the connection between the gold standard and price stability. It provides a check on deficit spending. The contents of this book ough to be heeded today in the face of looming multi-trillion dollar deficits for which both parties share the blame.
Great book
Published by Thriftbooks.com User , 17 years ago
Having read the book about 10 years ago, before starting my business studies, mba, cfa, and so on...., I recently found the book and decided to re-read it. While it is a bit general and a written out of a historical perspective, it is a real good read, as it gives the average investor a good understanding of the underlying forces of gold. It was a recommendation of a professor (Harvard Business School) turned trader and friend of my dad back then, and it worked out for me. I remember a time when experts, especially economists of the big wall street houses, claimed that gold was dead - that's like six years ago (Gold PM was at USD300), now we are at USD900. ...and the book was right, not the so-called experts of Merrill Lynch and Goldman! Tommy Q. http://socompetent.com
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