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. 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. Far from being a sensational reading of the runes, Tomorrow's Gold delves deep into the past, to chart how old investor trends developed and assess how new patterns might emerge.
Tomorrow’s Gold gives an excellent overview of the big picture of market dynamics.
It contains a concise historical view of boom and bust cycles, in general, and emerging markets, in particular.