Book Review: The New Case for Gold by James Rickards

I have previously reviewed James Rickards other books The Death of Money and Currency Wars and found them both well written and compelling reads. His newest book, The New Case for Gold is no different. This is not a huge book but it covers its topic very well. The book is not hugeat 172 pages of text with an acknowledgements section and index. It is organized into 6 topical chapters and a conclusion. The first five chapters essentially explain at length why gold is worth owning even though central bankers say it is not. The essential argument, and one that I happen to agree with is that gold is money. … More after the Jump…

Similarities Between the 1920’s and Today?

I am currently reading The Origins of the First World War (3rd Edition), during a pause in my reading I started thinking about not the origins of WWI but its results.  To say that the peace of Versailles was flawed is an understatement.  Given the unsettled economic situation of the Euro and the recently announced renunciation of deposit guarantees by the government of Cyprus I started to wonder if there are parallels between then and now despite the lack of a just concluded titanic war on the continent.  I think that the economics are similar, even to the extent of the various crises being self-inflicted wounds. There were many things wrong with the Treaty of Versailles but … More after the Jump…