This book is very much recommended to anybody with an interest in gold, the current financial system or the big recession. It is an easy read that reads much more like an exciting story than a heavy academic book. It does not expect the reader to have degree in economics and explains terms very well which makes the book accessible for the wider general public.
The analysis of the financial system is very contemporary and provides a good and concise overview of the financial system and the gold market and covers all main relevant points. It also looks forward to the implementation of a new financial system and provides a good analysis of the various different scenario's.
The Big Reset is therefore a fun and quick read for any investor and should probably be read by anyone with significant assets. For the pure academic it is probably not detailed enough, but we of course have to realise that the >100 GBP academic books are written for a very different target group.
So as a conclusion: The Big Reset is clearly written, easy to read and contains all relevant content, thus giving a nice and concise overview of the financial system, gold and the future of the dollar.
The book provide good information regarding the current financial system and its risks. The author warns about risk of printing fiat money with limits and give historical cases in which similar plans to QE conducted countries to hyperinflation then collapse of their financial system. The author recommends a return to gold system with cooperation of big powers (US, EU & China) with IMF to produce international currency (SDR for example) to avoid a collapse similar to 2008. He suggest individual to invest in physical hard assets, especially in Gold. The author provided a funny joke about current situation of financial system as follow:"the guy who jumps from the roof of an 80-story building. As he flies past the 20th floor, somebody shouts from the window to inquire whether all is fine. ‘No problems so far!’ is the answer."
I have a problem with books like this in that they are really only a one sided view of an investment case - that you should be long gold. There is no discussion over the relative merits of the argument and why it could be wrong or what might delay the outcome that the author thinks that the market is underestimating. That said its a well written book with lots of useful insights about how central banks intervene in gold markets. Although the author uses articles sourced from newspapers and Wikileak releases as evidence to support his argument, sometimes the amount of text can interrupt the flow of the book.
If you're not worried by the financial situation yet, you should be. Have you heard of fiat money? Its money the banking system 'makes' out of thin air with nothing whatsoever to back it up for security, and there's an ever increasing amount of it in circulation. Well written, well thought out book, author is from the Netherlands so only downside is Dutch images. That fractional disadvantage aside, it's an excellent book, and I highly recommend it. ps he explains fractional money too
Could hardly put this down. Confirmed my worst fears about what is almost inevitably coming but filled in so many gaps for me in a well explained and very understandable way. If you have any interest in your financial future then read this book!