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Books > History > American history
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The Story of Silver - How the White Metal Shaped America and the Modern World (Paperback)
Loot Price: R436
Discovery Miles 4 360
You Save: R28
(6%)
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The Story of Silver - How the White Metal Shaped America and the Modern World (Paperback)
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List price R464
Loot Price R436
Discovery Miles 4 360
You Save R28 (6%)
Expected to ship within 10 - 15 working days
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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. 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.
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