Tomorrow's Gold

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Renowned investment advisor Marc Faber sets out to find tomorrow's gold: the outperforming asset classes of the future. This book delves deep into the past to chart how old investor trends developed and assess how new patterns might emerge. Change is the thread. Faber points out that the world is experiencing a transformation as great as Europe’s late-15th Century golden age of discovery and the Industrial Revolution of the 19th Century—events that altered the commercial face of the Earth forever. From this dramatic landscape, a world in which economic, social, and political conditions are morphing at an alarming rate, Faber identifies investment opportunities. He notes that Asia’s three-billion-strong population will have a profound effect on the world, cautioning that today’s richest cities and clusters of wealth are unlikely to retain their exalted positions in the future.