There are factors that produce immense profits and these occur rarely. Investors stand at a unique point in monetary history where the death of paper currencies on a global scale is taking place before their eyes. Because most are frozen into inside-the-box thinking, few investors will ride the next move as silver (and gold) skyrocket in the years ahead. In fact the primary purpose of this book is to educate the listener as to why there is no way out of the financial morass created by the financial elite. We have reached the point where the savvy few understand what is happening and take action, while the rest are left watching, thinking the precious metals bull market is dead. The authors explore when to expect the next bull market to begin and why, how the 2008 financial crisis has been "papered over" and what to watch for going forward. The real supply and demand looking at both industrial and monetary demand. Money and banking - what fractional reserve banking means to currency and bullion. The best surest method to stay in the profit zone and not worry about the wild price swings. How to pick a mining company - this information is priceless. Most who are taught this methodology have a degree in finance, but we break it down for the average investor. The silver manipulation story - the facts, more facts, and the irrefutable facts. The biggest concern of all investors: The debt bomb!
We've sent an email with your order details. Order ID #:
To access this title, visit your library in the app or on the desktop website.
History of Silver, Money & Austrian School of Econ
It's one of the top 5 books I have read all year. The book covers the history of silver's use as money both in antiquity and in modern times. Silver's supply and demand is also covered. The book talks about the Austrian theory of the business cycle. If you have a normal background (Keynesian) in business or economics from a prestigious business school you should keep an open mind and listen to this book for a different perspective and to challenge your beliefs about banking, money and how the economy is supposed to function. You may not have heard of some of the terms before or the Austrian School of Economics, but the Austrian School predicted the 1929 stock market crash, the 1970s stagflation, the Dot.com bust and the 2008 housing bubble.
The book is non fiction and besides an extensive history of silver and commodity money, the book talks extensively about the Austrian School of Economics, its theories and the viewpoint of what's going on now in the economy from an Austrian perspective.
No, but the reader is reading very clearly.
The book talks about the misconceptions in academia and the mainstream media and mainstream financial media of deflation. Deflation is NOT evil! I also enjoyed all of the history of money and banking discussed in this book. Many modern financial books neglect going back through the perspective of history to see how now history may not exactly repeat but how it may rhyme now or going forward.
This book correctly shows silver's key role throughout history in money and banking systems of many different governments and the long term consequences of governments going onto fiat money and using central banking and fractional reserve banking. If you want to learn about the Austrian School of Economics, the history of money, the supply/demand fundamentals of silver because you own physical silver or precious metal mining stocks or thinking about buying these for insurance or wealth preservation or for investment purposes, you find this book quite enjoyable. Lots of useful information.
At least I finished the whole Book.
- C. Lynch II