Author: Faber, Marc Title: Tomorrow's Gold Subject: Economic History / Global Finance Rank (out of 10): 8 Year Read: 2003 Recommended By: Mike Long My Comments: A very interesting book if you are at all an econimic hobbiest. It talks a lot about Asia, since Faber lived in Asia for most of his career and studied the movement of money there. He talks a lot about the market forces that China will exert on the world over the next 20 years, which is probably the most fascinating part. China's demand for resources will shape the prices of commodoties over the next 20 years, which will create new political and military issues in regards to oil. Faber says there aren't simply enough oil resources to support the growing energy demands in China and something has got to give. We live in interesting times! Official Reviews: Book Description Renowned investment advisor Marc Faber sets out to find tomorrow's gold - the outperforming asset classes of the future. Far from being a sensational reading of the runes, 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. As Faber points out, the world is experiencing a transformation as great as the late 15th Century's golden age of discovery and the industrial revolution of the 19th Century - events that altered the commercial face of the earth forever. And from this dramatic landscape - a world in which economic, social and political conditions are morphing at an alarming rate - Faber identifies investment opportunities. Asia's three billion-strong population will have a profound effect on the world, writes Faber, cautioning that today's richest cities and clusters of wealth are unlikely to retain their exalted positions in the future.