The dollar is in trouble. Its value on foreign exchange markets has been falling for the past six years, and now its gradual decline is about to become a rout. This spells big trouble for the American economy—but potential riches for smart investors. In The Collapse of the Dollar and How to Profit from It, financial gurus James Turk and John Rubino show how the dollar arrived at this precipice, why it will continue to plunge, and how you can profit from the resulting financial crisis.
The United States today is the world’s biggest debtor nation. To finance this mountain of debt, we’re flooding the world with dollars. The resulting oversupply of dollars will cause its value to decline until it is displaced as the world’s dominant currency. Precious metals will soar in value, and gold will reclaim its monetary role at the center of the global financial system.
James Turk, a leading gold authority and the founder of GoldMoney.com, and John Rubino, editor of the popular Web site DollarCollapse.com offer strategies for investing in gold coins, gold stocks, gold-based digital currencies, and other hard assets to create a profitable portfolio.
The Collapse of the Dollar and How to Profit from It is a must read for every citizen and investor.
About the Author
JAMES TURK is founder of GoldMoney.com, which operates the leading digital gold currency payment system. He also publishes the "Freemarket Gold & Money Report" (fgmr.com), an investment newsletter he founded in 1987. Previously, after a decade with the international department of Chase Manhattan Bank, he managed the commodity department of the Abu Dhabi Investment Authority. His media appearances include CNN, Bloomberg, and CBSMarketWatch, CNBC, "Barron's," the "Wall Street Journal," and Financial Sense Online.
JOHN RUBINO is the author of "How to Profit from the Coming Real Estate Bust" (Rodale, 2003) and "Main Street, Not Wall Street "(Morrow, 1998). He spent the 1980s as a Wall Street financial analyst, and the 1990s as a regular contributor to theStreet.com, "Individual Investor," "Ziff/Davis/SmartBusiness," "Online Investor," and "Consumers Digest." He now writes for Fidelity, "Kiplinger's Personal Finance," and "CFA."
“There is a crisis coming, and it will cause a collapse in the mountain of credit fostered by the monopoly central banks of the world. Read this book and find out how you can protect yourself while there’s still time.” – Robert R. Prechter, author of the bestseller CONQUER THE CRASH.