The son of a goldsmith, Michael Ruge invites you to ask him all about gold – an archaic currency which, according to him, may be making a comeback. While many economists would laugh at the idea of gold going back into circulation, Ruge traces the roots of this precious metal from its origins as a currency, to its discontinuation, and finally to its imminent role as a currency today.
But it’s not all glitter and gold in this book. Ruge examines the current state of the economy and where it is likely headed in order to arrive at a startling revelation: the future of finances looks depressingly dim, if existent at all.
In a chapter titled “How Much Time Do We Have Before Economic Collapse?” Ruge writes, “It’s an unfortunate yet well-established fact that the global economy is on the brink of collapse. Historically, this is where a wise economist or wealthy banker would come in and save the world from economic extinction. And for the first time in the history of the human race, no one is quite sure what to do about it.”
In the end, Ruge proposes several solutions, but the overall feel of the book is a warning rather than a solution to a serious-yet-silent problem in the world’s economy. An eye-opening read, Michael Ruge’s Ask About Gold is recommended for anyone interested in economic history or the future of finances.
Michael Ruge is also giving away a trip to Vancouver B.C. where two winners will get to pan for real gold with Michael Ruge and his family. Runners up receive a limited edition leather bound copy of Ask About Gold. Get more details on the giveaway here.