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Product Description
In this RICH DAD'S ADVISORS guide, Michael Maloney shows readers how to invest in the oft-overlooked market of gold and silver. He covers when to get into the market, how much to invest and when to get out - guiding readers thorugh the complicated steps of investing in precious metails with great rewards.
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Most Helpful Customer Reviews
17 of 17 people found the following review helpful
Format:Paperback
This book could really change your whole investment strategy providing a detailed insight into how gold and silver could generate fantastic returns over the next decade.
The book details the history of gold and silver as money over thousands of years, and explains how the current bull markets in gold and silver could soon lead to prices increasing dramatically. At the time of writing this review gold is priced at around $950 an ounce and silver at around $14.70 an ounce. The book explains how the last gold and silver bull markets led to prices of around $850 and $50 in 1980 which, when adjusted for inflation, would be around $2,500 and $150 at today's prices.
The book also covers how to invest in gold and silver explaining why holding physical gold and silver is preferable to Exchange Traded Funds (ETFs).
The book details the history of gold and silver as money over thousands of years, and explains how the current bull markets in gold and silver could soon lead to prices increasing dramatically. At the time of writing this review gold is priced at around $950 an ounce and silver at around $14.70 an ounce. The book explains how the last gold and silver bull markets led to prices of around $850 and $50 in 1980 which, when adjusted for inflation, would be around $2,500 and $150 at today's prices.
The book also covers how to invest in gold and silver explaining why holding physical gold and silver is preferable to Exchange Traded Funds (ETFs).
12 of 12 people found the following review helpful
Format:Paperback
Good history lesson of precious metals verses fiat currencies. Including lessons about economics such as inflation, interest rates, etc. Easy to read. It then uses a reasoning that is very common with many investors (look at economic doom and gloom web sites). We should buy gold and silver because there has been a huge printing of money in a short space of time and this will finish the US dollar - there will be a move off fiat current and onto physically backed currency. This is not new information to this book. All in all this book offers no new information but puts alot of good existing information into an easy to read package.
20 of 21 people found the following review helpful
Format:Paperback
I give this book 5 stars, bought it mostly because it has such great reviews on the American Amazon.
Takes you through step by step how we came to the current point in the economy with good reasoning as to why now is the ideal time to be investing in gold and silver. Goes through the ways you can invest in the precious metals, the pitfalls you may come across, great websites to start from for your own due diligence. Best of all it's so simple to read and understand. Very good jumping off point. The only draw back is that it is very much directed at an American audience, which as we are a global market shouldn't matter too much, just need to think outside the box when he talks about coins and the context of the 'economy' which is basically the Fed etc.
I recommend after this Tomorrow's Gold by Marc Faber for some more advance reading.
Takes you through step by step how we came to the current point in the economy with good reasoning as to why now is the ideal time to be investing in gold and silver. Goes through the ways you can invest in the precious metals, the pitfalls you may come across, great websites to start from for your own due diligence. Best of all it's so simple to read and understand. Very good jumping off point. The only draw back is that it is very much directed at an American audience, which as we are a global market shouldn't matter too much, just need to think outside the box when he talks about coins and the context of the 'economy' which is basically the Fed etc.
I recommend after this Tomorrow's Gold by Marc Faber for some more advance reading.
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Most Recent Customer Reviews
OUSTANDING
best book i have read to date on economical history made it easy to read gripped you to the book, the information was great also i thank the author for his views and evidence
Published 1 month ago by fadimichael
Fantastic book about preservation of wealth
This book was a real eye opener for me. I have long suspected that things were not quite right in the world of money but I wasn't quite sure. Read more
Published 1 month ago by Babis Gakis
Read It, Assess Your Finances, Take Action!
A whole string of events lead me to this book. I would say that the information in this innocent looking £8. Read more
Published 3 months ago by iDEFY
Mine of Information
Excellent book outlining the history of inflation. More relevant than books like Dying of Money and When Money Dies in that it covers the current crisis. Read more
Published 6 months ago by Skin Deep
worth it's weight in gold
Easy to read, no need to be an economist to grasp very simple concepts. A great investment, take the advice given and you will not regret it. History will repeat itself. Read more
Published 6 months ago by kez
Silver Gold Purchasing
Apparently, silver investment is rather expensive to buy. A friend tried to buy after reading this book but was told that she needed £9500 or it was not worth it. Read more
Published 6 months ago by Thegirlwonder
Get Educated
I've read many books over the last 8 years on financial & monetary history, some are fun, most are dull. Read more
Published 6 months ago by asurething
Great Book!
Great Read. Mike Maloney is well researched and highly knowledgable. If you had any doubts about precious metals. Then this book will alleviate all of them.
Published 7 months ago by Paulus
Excellent!
The best book I have read on economical topics in todays economical environment, with generally very good guide on how to invest in gold and silver.
Recommended!
Recommended!
Published 8 months ago by E. Wibe
A great place to start!
I found this book a fantastic read. It provides plenty of background information and details on how gold and silver has performed in history. Read more
Published 9 months ago by Rookie Investor
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