By Roy W. Jastram, Jill Leyland

• Publisher: Edward Elgar Publishing
• Number Of Pages: 336
• Publication Date: 2009-06
• ISBN-10 / ASIN: 1847202616
• ISBN-13 / EAN: 9781847202611

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Product Description: `Roy Jastram's classic book has been updated, to the delight of all students of gold.' - Lord William Rees-Mogg, former Editor of The Times
`As gold holds its value over the long run, so, I predict, will thissuperb book. Must reading for the investor and scholar alike.' - JamesGrant, Editor, Grant's Interest Rate Observer
The Golden Constant is a unique examination of how gold's purchasing powerhas remained consistent over the centuries. First published in 1977,this new edition has additional material to bring it up to date.
The book is the only in-depth examination of how the purchasing powerof gold has performed over the centuries in both England and the USA.It contains a thorough explanation of how the gold market evolved andhow this is related to economic and political developments, from 1560in England, and from 1800 in the USA, up to 2007. The book alsocontains detailed historical statistics on gold, wholesale and consumerprices and the real price of gold.