{"product_id":"9780986036279","title":"Gold Wars: The Battle for the Global Economy","description":"Gold Wars: Battle for the Global Economy addresses the grotesque,  growing and unsustainable imbalances in the financial system. As gold is  the barometer of systemic ills, a war on gold to drive down its price is  taking place to hide the negative impacts of fiat currency, shadow banking  and central banking on the global financial system.  Starting with an introductory discussion on the nature of money and the  bizarre fractional reserve structure currently in place, Mitchell moves on to  address the massive, but little known systemic pivot point: the Petrodollar  standard. Tying dollars to oil, this mechanism undergirds the dollar's  reserve status. But soon it will fail with paradigm shifting consequences.  Next, Mitchell addresses the twins of shadow banking and central banking  (with a quick interlude to look at the traits of physical gold). Then, with the  stage set and the distortions, corruptions and levers of power in better view,  he examines a few historical precedents and likely outcomes through  deflationary\/inflationary effects and their combinations.  Gold Wars features a detailed breakdown of the gross manipulations in the  gold market - from nonexistent paper gold, smackdowns, high-frequency  trading, and ETF's to Central Bank games like swapping\/leasing, shell  accounting, midnight raids, clandestine gold movements and regulatory  attacks on investors. Mitchell offers a prediction of the results for the gold  market: when the manipulation fails, paper and physical prices will separate,  with the physical selling for multiples of paper.  Similarly silver, with its own unique characteristics for industry and  investment, is also targeted as a potential refuge for flight from paper,  though strangely, above-ground gold is now more plentiful than silver.  Add  to this a silver short position rolling from one institution to another as each  fails, a 4-year foot dragging investigation into market fraud, and a class  action suit for manipulation and the market has a recipe for a pressure  cooker at maximum.  Western banks, lacking the gold to cover their obligations, will eventually  declare a force majeure an event supposedly the result of the elements of  nature, as opposed to one caused by human behavior as a pretext for  settling their obligations in increasingly valueless paper.  Where is the resistance to this distortion and corruption of value? Power is  flowing East as China and Russia have drawn in massive amounts of gold  while denyin","brand":"Clarity Press, Incorporated","offers":[{"title":"Default Title","offer_id":47076727128304,"sku":"9780986036279","price":15.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780986036279","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}