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The Story of Silver

How the White Metal Shaped America and the Modern World
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( 191 ratings, 29 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Story of Silver traces the transformation of silver from 19th-century soft money to a crucial hard asset, examining how key figures like Franklin D. Roosevelt and Nelson Bunker Hunt shaped economic history through their manipulation of silver. It reveals silver's role as a refuge against economic turmoil and inflation, highlighting why influential investors, including Warren Buffett, have been captivated by it. This compelling narrative connects silver's past to its continuing impact on contemporary economic and political decisions.
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Format: Paperback / softback
$6499

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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for readers interested in economic history, finance, and political intrigue, as well as those curious about the influence of precious metals on global affairs.

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How silver influenced two hundred years of world history, and why it matters today

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

How silver influenced two hundred years of world history, and why it matters today

The Story of Silver is the tale of silver's transformation from a soft money in the nineteenth century to a hard asset today. It explores how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history.

Silver has been the preferred shelter against government defaults, political instability, and inflation for most people in the world because it is cheaper than gold. The white metal has served as a refuge when conventional investments sour, yet it has also seduced sophisticated investors throughout the ages like a siren.

This book explains how powerful figures, including Warren Buffett, have come under silver's thrall, and how its history guides economic and political decisions in the twenty-first century.

'A delightful and instructive read.' - Tony Barber, Financial Times

'Silber's colourful narrative is one of personalities as much as it is of ideas and events.' - James Grant, Wall Street Journal

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Selected as one of the Financial Times' Best and Summer Books of 2019 in History, The Story of Silver has been praised for its engaging and colourful narrative that blends personalities with ideas and historical events.

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Book Details

INFORMATION

ISBN: 9780691208695

Publisher: Princeton University Press

Format: Paperback / softback

Date Published: 12 January 2021

Country: United States

Imprint: Princeton University Press

Illustration: 22 b/w illus.

Audience: General / adult, Tertiary education, Professional and scholarly

DIMENSIONS

Width: 133.0mm

Height: 203.0mm

Weight: 250g

Pages: 360

About the Author

William L. Silber is the Marcus Nadler Professor of Finance and Economics at New York University's Stern School of Business. His many books include When Washington Shut Down Wall Street and Volcker.

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