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Why the precious metal standard arrives for a return A reserve money can only function as such when there is an over-all consensus that it provides a well balanced store of value. Without this trust, money, no matter what form it requires, will be abandonedeither instantly in an emergency, or steadily over timein favour of another thing. The Golden Trend talks about the way the world is speedily moving toward some form of global metallic standard, in which money, at least in recognized, international trades, is linked right to gold, magic, or both. The useful reality of the change to the arriving global gold (or bimetallic) standard is going to be substantially not the same as the global fiat financial and financial plan of today. It is not simply money that will change. The type and business of bank will also be influenced, as will finance generally. Incisive and thoughtful, The Golden Trend is a treatise on the broad effects of the current and future financial structure.
- Appears at why the entire world is headed inexorably back towards a metallic money standard
- Explores the particular change period might appear to be, including some historical types of both orderly and disorderly transitions
- Examines the way the world of bank, fund, and investment, including property valuation and stock portfolio management techniques, will continue to work under a future gold standard and which business, countries and market segments are likely to benefit and which are likely to undergo