How Long to Read How the Coming Global Crash Will Create a Historic Gold Rush

How Long Does it Take to Read How the Coming Global Crash Will Create a Historic Gold Rush?

It takes the average reader 2 hours and 56 minutes to read How the Coming Global Crash Will Create a Historic Gold Rush by Dean Heskin

Assuming a reading speed of 250 words per minute. Learn more

Description

How the Coming Global Crash Will Create a Historic Gold Rush demonstrates the causal relationship between a deep economic crisis and a historical increase in the price of gold. Through the last years of his presidency, Jimmy Carter struggled with the legacy of the OPEC oil embargo causing large lines at the gas pump to pay surging gasoline costs. After the 1973 embargo, the price of oil quadrupled, forcing the United States into a deep recession that lasted into 1975. Gold surged during this period of stagflation, the unusual economic condition in which stagnant economic growth and high inflation coincide. In 1980, when Ronald Reagan was elected president, gold hit a high of $843/ounce. In 2008–2009, the collapse of the subprime mortgage market and the bursting of the real estate bubble caused a Great Recession in which prestigious financial institutions failed across the globe and serious investors poured their money into gold to maintain their total asset value. In 2010, gold’s price hit a high of $1,426/ounce. In the wake of the economic collapse caused by the COVID-19 lockdown, gold hit a yearly high of $2,058.40 in 2020, on the way to an all-time high of $2,074.60 on March 8, 2022. The global economy faces an economic meltdown in 2023, the magnitude of which we have not seen since the Great Depression in the 1930s. When the bubble in hedge funds and derivative contracts bursts, financial institutions worldwide will have to absorb billions and possibly even trillions of dollars in losses, an amount of money almost inconceivable in any other era of global financial history. In this book, Dean Heskin and Jerome R. Corsi explain the reality of 2022–2023: the dollar may collapse, and mounting unemployment and plummeting property values may accelerate the near disappearance of the middle class. In the dystopian world we are entering, gold and silver may be the only “money” that will hold its value.

How long is How the Coming Global Crash Will Create a Historic Gold Rush?

How the Coming Global Crash Will Create a Historic Gold Rush by Dean Heskin is 174 pages long, and a total of 44,196 words.

This makes it 59% the length of the average book. It also has 54% more words than the average book.

How Long Does it Take to Read How the Coming Global Crash Will Create a Historic Gold Rush Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 1 minute to read How the Coming Global Crash Will Create a Historic Gold Rush aloud.

What Reading Level is How the Coming Global Crash Will Create a Historic Gold Rush?

How the Coming Global Crash Will Create a Historic Gold Rush is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy How the Coming Global Crash Will Create a Historic Gold Rush?

How the Coming Global Crash Will Create a Historic Gold Rush by Dean Heskin is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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