Don't put off till tomorrow the book you can read today!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Read online the first chapters of this book!
All characters reduced
The Story of Silver - How the White Metal Shaped America and the Modern World - cover

The Story of Silver - How the White Metal Shaped America and the Modern World

William L. Silber

Publisher: Princeton University Press

  • 0
  • 0
  • 0

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 U.S. 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.

Other books that might interest you

  • Mining Encounters - Extractive Industries in an Overheated World - cover

    Mining Encounters - Extractive...

    Thomas Hylland Eriksen, Robert...

    • 0
    • 1
    • 0
    In a fast-changing world, where the extraction of natural resources is key to development, whilst also creating environmental and social disasters, understanding how landscapes, people and politics are shaped by extraction is crucial.Looking at resource extraction in numerous locations at different stages of development, including North, West and South Africa, India, Kazakhstan and Australia, a broad picture is created, covering coal, natural-gas, gold and cement mining, from corporate to 'artisanal' extraction, from the large to the small scale. The chapters answer the questions: What is ideological about resource extraction? How does extraction transform the physical landscape? And how does the extractive process determine which stakeholders become dominant or marginalised? Contributing to policy debates, Mining Encounters uncovers the tensions, negotiations and disparities between different actors in the extractive industries, including exploiters and those who benefit or are impoverished by resource exploitation.
    Show book
  • How to be a Smart Woman in STEM - #SCIENCE #TECHNOLOGY #ENGINEERING #MATH - cover

    How to be a Smart Woman in STEM...

    Gabriela Mueller Mendoza

    • 0
    • 19
    • 0
    The  world needs more women in STEM!  
     
    Increasing the presence of women in STEM is a business imperative. It is key to encourage women to study these fields and to go for jobs in STEM, it is a smart business decision. When women climb the leadership ladder, they add tremendous value to the organisation they work for and become role models for the next generation of women.
     
    Keeping smart women in STEM careers and getting them promoted is a number one priority for diversity leadership expert Gabriela Mueller Mendoza.
     
    This book is a goldmine of ideas and strategies to achieve that as we enter the 4th Industrial Revolution.
    Show book
  • Help Them Grow or Watch Them Go - Career Conversations Organizations Need and Employees Want - cover

    Help Them Grow or Watch Them Go...

    Beverly Kaye, Julie Winkle Giulioni

    • 1
    • 10
    • 0
    The new edition of the bestselling employee development classic includes advice on talent retention in the gig economy, and a new chapter on creating a career development culture in your organization.  
     
    Study after study confirms that career development is the single most powerful tool managers have for driving retention, engagement, productivity, and results. But most managers feel like they just don't have time for more meetings.  This book offers a better way: frequent, short conversations with employees about their career goals that can be integrated seamlessly into the normal course of business.  
     
    Beverly Kaye and Julie Winkle Giulioni identify three broad types of conversations that will increase employees' awareness of their strengths, weaknesses, and interests; point out where their organization and their industry are headed; and help them pull all of that together to design their personalized career plans. And the new chapter includes an assessment so you can measure how well your current culture supports employee development—and how to improve it.
    Show book
  • Negotiating the Impossible - How to Break Deadlocks and Resolve Ugly Conflicts (without Money or Muscle) - cover

    Negotiating the Impossible - How...

    Deepak Malhotra

    • 3
    • 10
    • 0
    Some negotiations are easy. Others are more difficult. And then there are situations that seem completely hopeless. Conflict is escalating, people are getting aggressive, and no one is willing to back down. And to top it off, you have little power or other resources to work with. Harvard professor and negotiation adviser Deepak Malhotra shows how to defuse even the most potentially explosive situations and to find success when things seem impossible.Malhotra identifies three broad approaches for breaking deadlocks and resolving conflicts, and draws out scores of actionable lessons using behind-the-scenes stories of fascinating real-life negotiations, including drafting of the US Constitution, resolving the Cuban Missile Crisis, ending bitter disputes in the NFL and NHL, and beating the odds in complex business situations. But he also shows how these same principles and tactics can be applied in everyday life, whether you are making corporate deals, negotiating job offers, resolving business disputes, tackling obstacles in personal relationships, or even negotiating with children.As Malhotra reminds us, regardless of the context or which issues are on the table, negotiation is always, fundamentally, about human interaction. No matter how high the stakes or how protracted the dispute, the object of negotiation is to engage with other human beings in a way that leads to better understandings and agreements. The principles and strategies in this book will help you do this more effectively in every situation.
    Show book
  • Crush It! - Why NOW Is the Time to Cash In on Your Passion - cover

    Crush It! - Why NOW Is the Time...

    Gary Vaynerchuk

    • 1
    • 3
    • 0
    In Crush It!, online marketing trailblazer Gary Vaynerchuk tells business owners what they need to do to boost their sales using the internet—just as he has done to build his family’s wine store from a $4 million business to a $60 million one. Crush It! will show readers how to find their passion, then step by step how to turn it into a flourishing, monetized business.
    Show book
  • Thinking Fast and Slow - Summarized for Busy People - Based on the Book by Daniel Kahneman - cover

    Thinking Fast and Slow -...

    Goldmine Reads

    • 2
    • 3
    • 0
    This book summary and analysis was created for individuals who want to extract the essential contents and are too busy to go through the full version. This book is not intended to replace the original book. Instead, we highly encourage you to buy the full version.
     
    Renowned psychologist and winner of the Nobel Prize in Economics Daniel Kahneman shows us how the mind has two systems that drive how we think. In Thinking, Fast and Slow, the first system—System 1—is the fast, intuitive, and emotional system while the second system—System 2—is the slower, more deliberate, and logical system. Kahneman shows the impact of overconfidence in making decisions, the difficulties of predicting happiness in the future, and the profound effect of having cognitive biases. These can be understood based on how the two systems control our judgments and decisions.
     
    Kahneman shows us when our intuitions can be helpful and when it can’t as well as how we can get the benefits of slow thinking. He gives us practical insights into how we make our choices both in business and in our personal lives as well as what techniques we can use in order to protect ourselves against the lapses that can cause us trouble. Given the National Academy of Sciences Best Book Award, the Los Angeles Times Book Prize, and The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is a book that would certainly affect how we think and hows we live our lives.
     
    Wait no more, take action and get this book now!
    Show book