Gold And Prices

This influential study of the relationship between the prices of gold and other commodities was originally published in 1935. In it the authors attributed the initial cause of the great depression in the US to the reestablishment of the gold standard in many European countries and resulting deflation. The authors' recommendations were successfully implemented by Franklin D. Roosevelt.

This influential study of the relationship between the prices of gold and other commodities was originally published in 1935. In it the authors attributed the initial cause of the great depression in the US to the reestablishment of the gold standard in many European countries and resulting deflation. The authors' recommendations were successfully implemented by Franklin D. Roosevelt.

Gold Value and Gold Prices From 1971-2021 takes the reader on a journey of discovery that includes: - Why expert opinions regarding gold prices are often not helpful - A history of gold prices since President Nixon closed the "Gold Window" in 1971 - The macro-economic variables used to empirically model the price of gold - The formula for the Gold Empirical Model that has accurately replicated the price of gold since 1971 - What the model projects for gold prices from 2014-2021 - Gold cycles, important ratios, and market bubbles - Why counter-party risk and the quantitative easing policy pursued by the Federal Reserve and most other central banks will impact the price of gold and your financial future - Why Fed policies and exponentially increasing debt will force gold prices and consumer price inflation much higher - Central bank gold sales and their impact upon gold prices You will understand why you must own gold. Then you will learn where, how, and when to both buy and sell gold.

First published in 1913, this Routledge Revivals title reissues J. A. Hobson’s seminal analysis of the causal link between the rise in gold prices and the increase in wages and consumer buying power in the early years of the Twentieth Century. Contrary to the assertions of some notable contemporary economists and businessmen, Hobson contended that the relationship between gold prices and wages (and the resulting social unrest across much of Europe) was in fact much more complex than it initially appeared and that there were significantly more important factors in the rise of contemporary wealth, such as the rapid enlargement of state enterprise and joint stock companies; a wide extension of banking and general financial apparatus; and the opening of profitable fields of investment for the development of underdeveloped countries, which helped raise the rate of interest and profits.

Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

• “Gold Value and Gold Prices: 1971 – 2021” takes the reader on a journey of discovery that includes: • Why expert opinions regarding gold prices are often not helpful. • A history of gold prices since President Nixon closed the “Gold Window” in 1971. • The macro-economic variables used to empirically model the price of gold. • The formula for the Gold Empirical Model that accurately replicated the price of gold since 1971. • What the model projects for gold prices from 2014 - 2021. • Gold cycles, important ratios, and market bubbles. • Why counter-party risk and the Quantitative Easing policy pursued by the Federal Reserve and most other central banks will impact the price of gold and your financial future. • Why Fed policies and exponentially increasing debt will force gold prices and consumer price inflation much higher. • Central bank gold sales and their impact upon gold prices. • You will understand why you must own gold. Then you will learn where, how, and when to both buy and sell gold.