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The Power of Gold: The History of an Obsession
Peter L. Bernstein
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Description for The Power of Gold: The History of an Obsession
Paperback. "The need for realism in reform of its monetary system is what makes Bernstein s story of the Power of Gold so timely. It is a compelling reminder that maintaining a fixed price for gold and fixed exchange rates were difficult even in a simpler financial environment . Num Pages: 448 pages. BIC Classification: KCZ. Category: (P) Professional & Vocational. Dimension: 227 x 155 x 30. Weight in Grams: 554.
The need for realism in reform of its monetary system is what makes Bernstein s story of the Power of Gold so timely. It is a compelling reminder that maintaining a fixed price for gold and fixed exchange rates were difficult even in a simpler financial environment .Peter Bernstein was reluctant to project the story of gold into the future. But to me his message was clear. Yes, gold will be with us, valued not only for its intrinsic qualities but as a last refuge and store of value in turbulent times. But its days as money, as a means ... Read more
The need for realism in reform of its monetary system is what makes Bernstein s story of the Power of Gold so timely. It is a compelling reminder that maintaining a fixed price for gold and fixed exchange rates were difficult even in a simpler financial environment .Peter Bernstein was reluctant to project the story of gold into the future. But to me his message was clear. Yes, gold will be with us, valued not only for its intrinsic qualities but as a last refuge and store of value in turbulent times. But its days as money, as a means ... Read more
Product Details
Publisher
John Wiley & Sons Inc
Number of pages
432
Format
Paperback
Publication date
2012
Condition
New
Weight
553g
Number of Pages
448
Place of Publication
New York, United States
ISBN
9781118270103
SKU
V9781118270103
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-3
About Peter L. Bernstein
The late Peter L. Bernstein was President of Peter L. Bernstein, Inc., an economic consulting firm for institutional investors he founded in 1973, after many years of managing billions of dollars in individual and institutional portfolios. Bernstein was also the author of ten books on economics and finance, including the bestselling Capital Ideas, Capital Ideas Evolving, and Against the Gods: ... Read more
Reviews for The Power of Gold: The History of an Obsession
Bernstein's book is a fascinating read, especially in light of the recent run-up in the price of gold. Should gold once again be viewed as a currency, as so many commentators have suggested? Were he still alive, Bernstein might laconically answer, 'Read my book.' ( Seeking Alpha, May 2012)