Fascinating new book: Goldbug! (interview)

I previously recommended the book Goldbug! which could be subtitled “The Coming Currency Crashes and Great Deflation”.

Don’t assume too much from the title, this is a life’s work with a deep historical perspective from the man known as The Original Goldbug, fired from his wall street job for publicly stating in his newsletter that gold would surge, at a time when the President of the United States stated that the price of gold would never rise above $35/ounce.

The history of gold, why people hate gold. It was illegal to own gold in this “free” country until President Ford re-legalized it in 1974. Why should that be? For very good reasons that are not in your economic interest.

“The truth is that China is dumping its bonds“.

How many pieces of paper will gold command in each country?

You can listen to Goldbug! author James Dines in a YouTube interview here.