"This book truly
is a must read."
-- Congressman Ron Paul
KIPLINGER WAGS FINGER AT GOYETTE'S "THE DOLLAR MELTDOWN" AND DOLLAR CRITICS!
FINANCE NEWSLETTER SAYS "STAND BY YOUR BUCK; DON'T LISTEN TO DOLLAR CRITICS," AT SAME TIME WORLD BANK FACES DOLLAR REALITY!
World Bank Prez: It "would be mistaken to take for granted the dollar's place as the world's predominant currency."
Kiplinger senior editor opens fire; Charles responds!
Jeffrey R. Kosnett, Kiplinger.com: Some critics of the greenback, including those who breathlessly hawk gold (after it's already soared in price) and authors of books with such titles as The Dollar Meltdown, are plainly promoting their own interests. But it's also common to see references to the sick buck in mainstream investment advisories. For example, Larry Adam, chief U.S. investment strategist for Deutsche Bank Alex. Brown, recently cited the grim outlook for the dollar as a reason to invest aggressively in Asia and in U.S. tech and industrial companies (the latter group because a weakened dollar would make their products more attractive to overseas buyers).
Charles Goyette's letter to Kosnett:
Jeffrey R. Kosnett Senior Editor Kiplinger's Personal Finance
Dear Mr. Kosnett
Thank you for taking note of my book The Dollar Meltdown: Surviving the Impending Currency Crisis with Gold, Oil, and Other Unconventional Investments, forthcoming in late October from Portfolio/Penguin.
By including me as a dollar critic along with those who "breathlessly hawk gold," you suggest to your readers that I am "plainly promoting" my own interest. If you are referring to a solvent government and a sound monetary system, I trust you mean promoting our mutual interest. If that is not your meaning, I would like to assure you that I do not sell gold or have any interest in any company that does. Nor do I have any such interest in the sale of oil, natural resources, agricultural commodities or the other vehicles I recommend for weathering an inevitable currency crisis.
