The Coming Collapse of the Dollar and How to Profit from It (el. knyga) (skaityta knyga) | knygos.lt

Aprašymas

The dollar is in trouble. It has fallen against other currencies for the past three years, and now its orderly retreat could well become a rout. This spells potential disaster for the Americaneconomy-and potential riches for a few smart investors. In "The Coming Collapse of the Dollar and How to Profit from It," financial gurus James Turk and John Rubino show how the dollar arrived atthis precipice, why it will plunge, and how you can profit from the resulting financial crisis.
The U.S. today is the world's biggest debtor nation, printing money with abandon to sustain the illusion ofprosperity. The federal government owes $7 trillion and its debt is soaring. As a society, we owe more than $37 trillion, or about $500,000 per family of four. Our trade deficit with other countries is staggering, and tofinance this mountain of debt we're flooding the world with dollars. The inevitable result: The dollar will decline until it is displaced as the world's dominant currency. Precious metals will soar invalue, and gold will reclaim its monetary role at the center of the global financial system.
Traditionally a haven during times of uncertainty, gold has risen dramatically since 2001. By the fall of 2004 it wasup by nearly 50%, at over $400 an ounce. But this is just the beginning.
James Turk, a leading gold authority and the founder of GoldMoney.com, and veteran financial writer John Rubino, showreaders how to capitalize on gold's dramatic climb. In "The Coming Collapse of the Dollar," Turk and Rubino reveal which stocks and bonds will falter as the dollar declines and why that declineis virtually inevitable. They offer strategies for using gold coins, gold stocks, gold-based digital currencies, and other hard assets to create a "profitable" portfolio. And they explain how to make themost of your gold and other precious metal holdings, identifying the opportunities and pitfalls of buying gold mining stocks and the mutual funds that invest in them.
America's debt binge has put itseconomy at grave risk. The value of the dollar is falling; many stocks are once again wildly overvalued; and bonds, tied to an ever-diminishing dollar, are a disaster waiting to happen. By investing in gold and other hardassets, Turk and Rubino explain how you can protect yourself from these dangers.
"The Coming Collapse of the Dollar and How to Profit from It "is a must read for every investor, whatever thesize of his or her portfolio.
For more information, visit www.dollarcollapse.com.