Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
The Book: "Aftershock" ... Opinions?
>
Reply to Thread
Message:
<p>[QUOTE="Billincolo, post: 856414, member: 17389"]I'll give you guys my opinion of the book, and you can agree or disagree if interested. They support gold as an investment, by the way, so this is within the area of this forum.</p><p><br /></p><p>The authors published a previous book titled <i>America's Bubble Economy</i>, in which they swam against the tide of experts who were saying everything would be al right. It was in 2006, and the authors were right. We were, they said at that time, headed for a recession caused by the popping of various "bubbles," in real estate, discretionary spending, stock market, and private debt. While others were missing the bubble-like nature of those areas of the economy, these guys weren't.</p><p><br /></p><p>In this present book, they talk about what has happened with those bubbles, and examine the two remaining bubbles -- the biggest of all. One is the dollar bubble, the other, the government debt bubble.</p><p><br /></p><p>Their reputation -- especially including that of the main author, David Weidemer -- is well established as accurate forecasters.</p><p><br /></p><p>Their recommendations are not outside the purview of this forum, since they recommend buying and holding gold. They don't predict a specific price point or timing, but they hold the view that the trend, when the dollar and gov't debt bubble pops (and the US Mint is paying lots of overtime) is very high for gold -- personally held gold bullion, not ETF's or mining stocks.</p><p><br /></p><p>There's more, and their non-political treatment of the economic future they see in the next 1-5 years is well supported. (The only subject they passingly addressed, which I know well enough to hold a factually supportable opinion on, was gun control: They want more of it, so they clearly are capable of missing obvious facts supported by clear evidence in come cases.)</p><p><br /></p><p>Thanks for your input, all.</p><p><br /></p><p>Bill[/QUOTE]</p><p><br /></p>
[QUOTE="Billincolo, post: 856414, member: 17389"]I'll give you guys my opinion of the book, and you can agree or disagree if interested. They support gold as an investment, by the way, so this is within the area of this forum. The authors published a previous book titled [i]America's Bubble Economy[/i], in which they swam against the tide of experts who were saying everything would be al right. It was in 2006, and the authors were right. We were, they said at that time, headed for a recession caused by the popping of various "bubbles," in real estate, discretionary spending, stock market, and private debt. While others were missing the bubble-like nature of those areas of the economy, these guys weren't. In this present book, they talk about what has happened with those bubbles, and examine the two remaining bubbles -- the biggest of all. One is the dollar bubble, the other, the government debt bubble. Their reputation -- especially including that of the main author, David Weidemer -- is well established as accurate forecasters. Their recommendations are not outside the purview of this forum, since they recommend buying and holding gold. They don't predict a specific price point or timing, but they hold the view that the trend, when the dollar and gov't debt bubble pops (and the US Mint is paying lots of overtime) is very high for gold -- personally held gold bullion, not ETF's or mining stocks. There's more, and their non-political treatment of the economic future they see in the next 1-5 years is well supported. (The only subject they passingly addressed, which I know well enough to hold a factually supportable opinion on, was gun control: They want more of it, so they clearly are capable of missing obvious facts supported by clear evidence in come cases.) Thanks for your input, all. Bill[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
The Book: "Aftershock" ... Opinions?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...