Power of Gold

Author:

Peter L. Bernstein

Publisher:

John Wiley & Sons

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Publisher

John Wiley & Sons

Publication Year 2012
ISBN-13

9781118270103

ISBN-10 9781118270103
Binding

Paperback

Number of Pages 450 Pages
Language (English)
Dimensions (Cms) 14.73 x 3.3 x 22.1
Weight (grms) 605
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 of payment and a fixed unit of account are gone

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: The Remarkable Story of Risk. His writing combines the zest of a historian with the meticulous analytical powers of an economist
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