Loading...
Welcome
Sign up
Login
Browse Books
Deals
VIP
0
Loading...
Play Sample
The Story of Silver: How the White Metal Shaped America and the Modern World
Written by:
William L. Silber
Narrated by:
Jim Meskimen
Unabridged Audiobook
Play Free
Add to Cart - $19.95
Remove from Cart
Give as a gift
Ratings
Book
1
Narrator
Release Date
February 2019
Duration
10 hours 11 minutes
Summary
How silver influenced two hundred years of world history, and why it matters today
This is the story of silver’s transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the US economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan’s rise to power before World War II. Bunker Hunt went on a silver-buying spree during the 1970s to protect himself against inflation and triggered a financial crisis that left him bankrupt.
Silver has been the preferred shelter against government defaults, political instability, and inflation for most people in the world because it is cheaper than gold. The white metal has been the place to hide when conventional investments sour, but it has also seduced sophisticated investors throughout the ages like a siren. This book explains how powerful figures, up to and including Warren Buffett, have come under silver’s thrall, and how its history guides economic and political decisions in the twenty-first century.
Browse By Category
Business & Economics
>
Economics
1 book added to cart
The Story of Silver: How the Whit...
William L. Silber
Subtotal
$19.95
View Cart
Continue Browsing
~~title~~
~~carousel-body~~
Back
Next
~~book-title~~
By: ~~author-single-string~~
~~tag-text~~
© Copyright 2011 - 2024 Storytel Audiobooks USA LLC. All Rights Reserved.