Synopses & Reviews
Amid the turmoil in the Eurozone, economic problems in Russia, stagnation in Japan, and rumblings that China may slip into recession, the one reliable asset is the American dollar. While it may encounter ups and downs, investors for decades have been confident that it will never lose a substantial part of its value.
That may be about to change. In The Big Reset, Willem Middelkoop lays out the case for an inevitable monetary reset, one that will be designed to keep the United States in the driver's seat, but will include strong roles for the Euro and China’s Renminbi—and, crucially, gold. This fully revised edition of Middelkoop’s book takes into account developments since its original publication, which have only strengthened the case for the coming return of gold.
Review
“A readable, persuasive book. . . . Recommended.”
Synopsis
A system reset seems imminent. The world's financial system will need to find a new anchor before the year 2020. Since the beginning of the credit crisis, the US realized the dollar will lose its role as the world's reserve currency, and has been planning for a monetary reset. According to Willem Middelkoop, this reset will be designed to keep the US in the driver's seat, allowing the new monetary system to include significant roles for other currencies such as the euro and China's renminbi.
Prepare for the coming Reset
In all likelihood gold will be re-introduced as one of the pillars of this next phase in the global financial system. The prediction is that gold could be revalued at $ 7,000 per troy ounce. By looking past the American 'smokescreen' surrounding gold and the dollar long ago, China and Russia have been accumulating massive amounts of gold reserves, positioning themselves for a more prominent role in the future to come. The reset will come as a shock to many. The Big Reset will help everyone who wants to be fully prepared.
This fully revised edition of Middelkoop's book takes into account developments since its original publication, which have only strengthened the case for the coming return of gold.
Synopsis
Willem Middelkoop and The Big Reset
is right in the thick of the action Great book; awesome statistical reference to go along with the analysis.- James Rickards on the first edition. Rickards is the author of
The Death of Money and
Currency Wars, a National Bestseller.
A system reset seems imminent. The world's financial system will need to find a new anchor before the year 2020. Since the beginning of the credit crisis, the US realized the dollar will lose its role as the world's reserve currency, and has been planning for a monetary reset. According to Willem Middelkoop, this reset will be designed to keep the US in the driver's seat, allowing the new monetary system to include significant roles for other currencies such as the euro and China's renminbi.
PREPARE FOR THE COMING RESET
In all likelihood gold will be re-introduced as one of the pillars of this next phase in the global financial system. The prediction is that gold could be revalued at $ 7,000 per troy ounce. By looking past the American 'smokescreen' surrounding gold and the dollar long ago, China and Russia have been accumulating massive amounts of gold reserves, positioning themselves for a more prominent role in the future to come. The reset will come as a shock to many. The Big Reset will help everyone who wants to be fully prepared.
This fully revised edition of Middelkoop's book takes into account developments since its original publication, which have only strengthened the case for the coming return of gold.
About the Author
Willem Middelkoop is a journalist covering finance and economics and the founder of the Commodity Discovery Fund.