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Financial guru James Rickards is a contrarian, skeptical of central banks and critical of Wall Street. He offers a measured analysis of gold as an asset class and a sober look at the forces that affect its value. Rickards is bullish on gold – he sees its price rising one day to $10,000 an ounce, but at times, he can seem a bit paranoid. He regards inflation as a socialist tool of wealth distribution and frets over the specter of confiscatory government policies. After reading his concise advice, even an optimistic investor might consider gold as a hedge. While never giving investment advice and affirming that the opinions herein are entirely the author's, getAbstract recommends his thoughtful, surprising approach to investors seeking another view on gold.

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© 2016

From THE NEW CASE FOR GOLD by James Rickards. Summarized by arrangement with Portfolio, an imprint of Penguin Publishing Group, a division of Penguin Random House LLC