Not really since the author's premise is wrong. But is may be good for some people, especially if you are against the wisdom of gold for the long term. It will confirm your views.
The book is well researched and he makes some compelling points. The problem is that he misses the whole idea of a bubble. "Overvalued" and a "bubble" are different things. Ultimately he claims that since he was able to identify Netflix when it was overvalued, he is an expert on identifying bubbles.There is a lot of good research in the book, but gold is not in a bubble. Look at it this way, a bubble is very easy to identify. A bubble is when everyone has it. How many people do you know that have 5% of their assets in gold? At the peak of the NASDAQ bubble, how many people did you know that had 50% of their assets in equities? See the difference?From time to time gold might be considered "overvalued" as it makes near term highs, but in the longer run this is not yet a bubble.
I think it is a good idea to take in many different points of view, so this book was interesting in that sense.
The narrator was good.
In a few years will he write a follow up book that is titled, "Ok, I Was Wrong Last Time, But Now Gold Really is in a Bubble,"?
He does mention some other assets that may be worth looking into such as platinum and diamonds. Just remember that a bubble probably will arrive in gold one day, but only when everyone is convinced that it can't lose. When most of the people you know think that only a fool would sell his gold, then it may be time to get out. I am not a gold bug at all. I am just using common sense observation.
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