Despite the surge in financial risk during what has become the Great Recession, gold despite its 11–year rise against all major currencies and equity classes inexplicably continues to be virtually absent in the largest investment portfolios, most notably those of global pension funds and insurance companies, which harbor trillions of dollars′ worth of the world′s assets. For the individual investor, the benefits of owning gold are substantial, yet gold continues to be misunderstood. $10,000 Gold explodes the myths and offers the reader a course of action.
$10,000 Gold takes a unique approach to the subject of gold as money. It shows the reader why gold will continue climbing to $10,000 an ounce and beyond, and proves the case by applying the same principles and wide–spectrum analysis that investors would undertake in any investment due diligence.
$10,000 Gold predicts that the well–established rules of value finance will eventually regain prominence as the debt–based thinking of the present day runs its course. The book looks at the world through a lens or vantage point of the gold mindset the creation of a standard for evaluating all financial transactions based on the intrinsic value that gold possesses. The author, Nick Barisheff, encourages his readers to "think in terms of ounces not dollars," much like our grandparents did when their gold–backed dollars were a stable store of value.
The book, like its subject gold presents unmistakably stark truths. Over the last half century, we have passed through successive stages of unbridled growth, financial exuberance, speculation and unchecked fraud that preceded the hardship of a stubborn recession. Clearly, we can no longer depend on governments or the integrity of our leaders to look after us. We alone must be responsible for our own financial well–being and the liberation that an understanding of owning gold delivers.
Ultimately, $10,000 Gold offers a positive message at a time when readers are being inundated with all manner of articles, blogs and documentaries that seek mainly to point blame at Wall Street/Washington corruption. At this stage in the fiat money cycle, such messages cause frustration and often reinforce the impotence of the individual. Nick Barisheff seeks to remind his readers that they as individuals can have a positive financial future no matter what governments, Wall Street or foreign powers do. The case for owning gold has never been stronger, as the policies of some central banks are demonstrating. $10,000 Gold will give you new insight and welcome relief in a time of financial turmoil.
$10,000 Gold is far more than a financial book. It is a tool of survival and prosperity. It leads the reader to a deeper understanding by showing the global economic and demographic trends that support a rational prediction for gold′s future value. $10,000 Gold advocates ownership of physical, uncompromised bullion and explains the benefits of a safe haven that has preserved wealth for more than 5,000 years.
Praise for $10,000 Gold
"Nick Barisheff, who had the foresight to start a precious metals mutual fund in January of 2002 when gold was $284.65 per ounce, is now predicting $10,000 per ounce gold. This book explains why he is probably right, again."
Michael B. O′Higgins, author of Beating the Dow
"Nick Barisheff is one of Canada′s leading authorities on gold bullion. In this seminal book, he shares his encyclopedic knowledge with us and, more importantly, tells us how to use gold to protect personal wealth. A must–read for all serious investors."
Gordon Pape, author of Retirement′s Harsh New Realities
"Mr. Barisheff′s well–researched and very readable book...explains precisely why gold, now, is a wise investment."
David Ranson, President and director of research, H. C. Wainwright & Co. Economics Inc.
"In $10,000 Gold, Nick Barisheff makes the best case to think gold prices are likely heading higher. The arguments are compelling and well–articulated and if you don′t own gold bullion before reading this book, I believe Nick will change your mind. If you want peace of mind in the turbulent decade that lies directly ahead, this book will help you along that journey."
James Puplava, CEO PFS Group, Host of Financial Sense Newshour
"Nick Barisheff pulls no punches. This is a must–read for all outside the precious metals community."
David Morgan, Founder, Silver–Investor.com