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The Great Devaluation
book

The Great Devaluation

by Adam Baratta
August 2020
Intermediate to advanced
272 pages
6h 17m
English
Wiley
Content preview from The Great Devaluation

21The Matrix

The Collective Mind is the most powerful of forces in all of nature. Just as the waves of the ocean are determined by the underlying current, the waves of investment are determined by a collective mindset. It's a force that can be impossible to overcome when swimming against. Its power can drive our spirit to euphoric highs when we catch the wave's momentum at the perfect time.

The strategy for investors has long been to own a portfolio of stocks and bonds. But what would happen if you learned that stocks and bonds were the exact wrong way to invest? Would you have the courage to step away from the herd? Imagine if everything you thought you knew about investing and everything you've learned over the past 40 years was completely turned on its head? For example, if you knew today that the Dow Jones would return 0 percent over the next decade, would you change your strategy?

Hindsight is 20/20; it's predicting the future that's challenging. It's why we continue to remind our readers of the scoreboard. The book Gold Is A Better Way was published on August 14, 2018. Since that time, gold has outperformed the Dow Jones massively. Gold is up 45 percent. The Dow Jones is down 5 percent.

We are among the very first to argue that gold should be considered a bullish asset—one that investors should transition into as a growth strategy. Our premise is that rising debts and deficits will cause dollars to devalue relative to gold, and that investors would do far better buying ...

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Publisher Resources

ISBN: 9781119691464Purchase book