Gold as a Store of Value
Stephen Harmston, 66 , 1998

Summary

Gold as a Store of Value by Stephen Harmston, published by the World Gold Council, is a detailed study exploring the historical and economic significance of gold as a store of value across various countries and time periods, as far as the 18th century. The book examines the performance of gold compared to other financial assets like bonds and stocks, highlighting its role during periods of economic instability, inflation and war.

Our verdict

Gold as a Store of Value by Stephen Harmston is a must-read for investors seeking wealth preservation and diversification, away from stocks and bonds. Its discussion of gold's ability to maintain its purchasing power in times of war and instability is particularly relevant to our times. While the focus is on gold, this book's findings will be interest to those trading other precious metals or considering gold-related financial instruments like ETFs.