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15 of 17 people found the following review helpful
5.0 out of 5 stars A prophetic warning, 8 April 2011
This review is from: The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets (Paperback)
It's not looking good for the dollar. Lower and lower it falls against other currencies, just as gold and silver prices move relentlessly higher. Just 10 years ago, the Dollar Index (USDX) stood at just under 120. Since then it's been more or less continuously downhill for the greenback, and today the Dollar Index is just under 76 - not far from record lows.

This decline is all the more striking when one compares it with the bull market action in precious metals over the last decade. Though the dollar has perhaps the furthest to fall owing to its world reserve currency status, the truth is that all fiat currencies are failing, albeit at different rates.

This book predicted these problems and gave advice on how ordinary investors could protect themselves from the fallout.

Back in 2004 when it was first published, the gold price was around $400 per ounce. You could buy an ounce of silver for $6. Crude oil averaged $34 per barrel. Those who took the authors' advice and invested in hard assets have done very well over the last seven years.

But past returns are no guarantee of future performance. So what has changed since 2004? Could investors be staring at what many in the mainstream media are quick to call a "gold bubble", and could the dollar be ready to rise, Lazurus-like, from its grave?

To answer this some simple questions are in order. Has the US government eliminated its deficit? Has its total debt been declining? Are the largest states such as California, New York, Illinois, Texas and Florida running budget surpluses? And have the states and the Federal government found ways of funding the trillions of dollars-worth of pension and healthcare liabilities on their books?

Has the Federal Reserve under its new chairman Ben Bernanke parted ways with Alan Greenspan's inflationary policies? Has Ben Bernanke said he wants a strong dollar? And has the Federal Reserve ended its programme of quantitative easing (QE) and zero-interest rates that it enacted in response to the financial crisis of 2008?

Have the Fed and the US government kissed adios to the notion of banks being "too big to fail"? And have these banks suddenly found that the trillions and trillions-worth of OTC derivatives on their balance sheets are in fact worth trillions, and that they will never need another bailout?

Has the Fed said it will stop printing money?

Wise investors and savers know that the lessons from James Turk and John Rubino's book apply now more than ever.
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5 of 6 people found the following review helpful
5.0 out of 5 stars Everyone should read this., 17 July 2012
By 
Donald Barlow "Donald" (Edinburgh) - See all my reviews
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This review is from: The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets (Paperback)
Other reviews here cover the book's content very well, so I don't need to go over it again. What i would do is urge everyone to read this even if you are generally sceptical of (supposed) doom and gloom financial texts (this book actually offers very practical positive solutions and strategies). This is a very well written, readable, well argued and constructive book covering one particular view of the future outcome for the US dollar which will affect us all. To date, it has been amazingly prescient and it's not over yet. Whether you agree with it or not, you should at least read it to challenge your faith in the current financial system's sustainability. I personally find that, so infrequent, or rather underreported (it's not in many peoples vested interest), are other examples of these types of crises, many are prepared to stay in their status quo bubble and believe that what's existed for decades will still be there tomorrow and forever more. This book gives a lot of historical examples and reasons for why you should question that ASAP.
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5 of 8 people found the following review helpful
5.0 out of 5 stars Second most beneficial book ive read, the bible being the first!, 25 Oct 2011
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This review is from: The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets (Paperback)
Great book that outlines with great foresight and perception the problems we now face in the world, what the outcome is likely to be and how you can benefit from it. Written in a manner easy to understand too.
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1 of 2 people found the following review helpful
5.0 out of 5 stars Excellent., 28 April 2013
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This review is from: The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets (Paperback)
Very interesting book which was written back in 2007 just befor the 2008 recession and man they were right and thats one reason why i think what they predict for the future is going to be right also. Very useful But i don't believe in the paper gold and silver investing part because it's common sense that if you don't hold it you don't own it.
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1 of 2 people found the following review helpful
4.0 out of 5 stars Worth reading, 27 Feb 2013
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This review is from: The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets (Paperback)
Emphasizes the premise that the Americans cannot keep supporting the World economy through borrowing and printing Dollars.

Common sense says that is right, but how long can the Status Quo go on, before it implodes. I am sure the theory is right but more helpful, would be knowing how long before the system falls down. in years, 10, 20??????????
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