Download Buy Gold Now: How a Real Estate Bust, Our Bulging National by S. McGuire PDF

By S. McGuire

Masterfully researched, and written in a simple sort, purchase Gold Now makes a case for purchasing gold as safeguard opposed to the emerging dangers of an extraordinary worldwide forex main issue and as a ecocnomic funding automobile. Divided into 5 finished components, this trustworthy source examines our country’s present monetary state of affairs from a ancient standpoint and addresses the various alarming concerns that many economists are at the moment pointing to with difficulty.

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Additional info for Buy Gold Now: How a Real Estate Bust, Our Bulging National Debt, and the Languishing Dollar Will Push Gold to Record Highs

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3 Meanwhile, countries like China, Singapore, Taiwan, Japan, India, Poland, Russia, Mexico, and Brazil, have more than doubled their reserves in this decade—and several have quadrupled them. Most of these reserves are being accumulated in dollars, which reflects the fact that our liabilities to the world have been growing more rapidly than ever. ) An increase in reserves has long been seen as a sign of growing economic strength and a solid currency. S. dollars) Source: The People’s Bank of China.

S. The dollar was suddenly no longer as good as gold and the Bretton Woods international monetary system collapsed. But it was not really a collapse, at least not one against world currencies. indd 29 1/12/08 2:36:30 PM 30 buy gold now in particular—the largest single source of economic demand the world has ever known. To continue selling Americans Japanese electronics, German cars, French wine, and Swiss watches, these products’ prices needed to remain accessible to consumers that would purchase them in dollars.

But it was not really a collapse, at least not one against world currencies. indd 29 1/12/08 2:36:30 PM 30 buy gold now in particular—the largest single source of economic demand the world has ever known. To continue selling Americans Japanese electronics, German cars, French wine, and Swiss watches, these products’ prices needed to remain accessible to consumers that would purchase them in dollars. The dollar could not be allowed to fall. Here’s why. S. and making a 10 percent margin, the Japanese company would be devastated if the dollar fell 30 percent against the yen.

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