Get the Skinny on Silver Investing, by David Morgan
A bestseller with excellent ratings. David Morgan has worked in private economics for over twenty years. His unique viewpoint on the financial markets, gained from his education in engineering and subsequently Economics/Finance at the graduate level, is often overlooked by those focusing on business alone. To ensure the foundations of economic law, he uses the method of reasoning. The Herald Tribune, The Wall Street Journal, and Futures Magazine are just some publications that Mr. Morgan has featured.
Includes details on metal types, portfolio diversification, trading risks and rewards, metal purchasing and selling methods, and trading plans and techniques. As the price of precious metals continues to rise, this book will serve as a reliable reference for newcomers and seasoned investors.
Ruff’s Little Book of Big Fortunes in Gold & Silver: A Middle-Class License to Print Money, by Howard Ruff
This concise guide is written with the new investor in mind, explaining why, how, and where they should buy valuable metals and mining companies as the bull market develops and warning of the pitfalls to be avoided. Additionally, serious gold investors will find this review vital as they navigate the market’s constant flux.
This book serves as a solid primer for those interested in entering the Gold, Silver, and mining stock markets. The author is not only funny and engaging but also extremely well-informed. This lady is no shrinking violet, either. However, the fact that I had already come to embrace and practice many of his ideas strongly certainly didn’t hurt. A worthwhile read that is also fun. But I will warn you that, as is common with novels of this genre, there is extensive self-promotion throughout, such as advertisements for his newsletter and other related services. Some things don’t go away, such as remarks like, “In both the best and worst case scenarios, I cannot see gold and silver coming out on the losing end. You may put the farm and the kids up as collateral “. The statement that “the combined worth of the world’s gold and silver reserves and the market value of all the stocks of the mining companies would be significantly less than the market capitalization of Google or Microsoft” is one example of an argument that raises doubts in my mind. Not sure what you mean by this. It is estimated that $123 Billion is Google’s current market value. B.H.P. Billiton, another massive mining multinational, has a similar market worth of over $112 billion. It is estimated that Microsoft is worth $271 billion. However, “the World Gold Council and others estimate that there are between 4.5 and 5.5 billion ounces of gold in circulation.”
Still available around the globe, measured in ounces of gold (off the web). The value is close to $3 trillion at $600 per ounce. Finally, I find it puzzling that in the chapter devoted to warning readers about possible scams, he freely confesses that a company he started, which he characterizes as a coin and bullion dealer, was sold to a scam artist and caused harm to its customers. He claims to have a conscience about the matter and that the buyer’s true motives were hidden from him. A cursory internet search appears to back this up by showing that he had nothing to do with the issues that developed from this organization. The problem is that he keeps saying he stopped investing in metals in 1980, which has been negative up until recently, leading to much consternation. For a total of twenty-two years, I completely disregarded the metals. The mystery here is how and why he started in the coin and bullion business in 1985.
As optimistic as the author is, he cautions against using too much leverage, keeping an eye out for fraudsters, and failing to diversify among metals assets.
The A.B.C.s of Gold Investing: How to Protect and Build Your Wealth with Gold, by Michael J. Kosares
This book is a primer on the ins and outs of owning gold privately, and it’s filled with helpful information for new investors. Gold’s asset-preserving abilities are highlighted when investors are wary due to economic uncertainties and recent investment scandals, prompting many to seek diversification. Gold’s importance in the investment portfolios of tens of millions of people worldwide, as both a hedge and an asset for capital gain, is discussed in depth, as are the political and economic forces driving gold marketing. Gold’s significance in preventing inflation and deflation, choosing a gold company, gold’s evolution since 1971, safe gold storage, and the national debt are all discussed.
This book is worth your time. Specifically, he examines the exchange rate of gold and the U.S. dollar from the early 1900s (1971) through 2004. When and what sort of gold he recommends investing in?
He claims, based on historical research, economic factors, and so on, that we can accurately estimate the long-term trajectory of the gold price. However, in the near term, everything goes. Typically, such is the case.
He suggests we “sit back and enjoy the show” after gradually amassing gold over the next several years (wait for the prize spike).
The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets, by James Turk and John Rubino
Gold expert James Turk, who also founded GoldMoney.com, and famous website DollarCollapse.com editor John Rubino discuss how to diversify your portfolio using gold and other hard assets.
Precious Metals Investing For Dummies, by Paul Mladjenovic
This book provides a straightforward and comprehensive introduction to investing in precious metals, including gold, silver, and others.
It covers the various metals available, how to diversify your metal holdings, potential benefits and drawbacks of trading metals, buying and selling metals, and trading plans and methods. With the recent market success of precious metals, this book will serve as a reliable, helpful resource for new and seasoned investors.
This beginner-friendly manual will help you confidently enter the lucrative market for precious metals, such as gold, silver, platinum, uranium, and in-demand base metals like zinc and copper. You’ll choose from various tested trading plans and methods based on your investigation of their market performance. Moreover, you will be provided with sage guidance on selecting a broker, purchasing metals-related stocks and futures, and increasing your return on investment while decreasing your risk exposure. Learn the steps for:
Assess the relative merits of the various metals. Invest in metals. Determine whether you are a long-term investor or a short-term trader. Determine your long-term investment objectives. Consider the pros and cons of investing in metals. Spend your money on actual metals. Consider the technical details when weighing potential outcomes. Put your money into gold and silver for the long haul. Invest in a variety of metals. Examine businesses involved in mining and processing base metals, investing in some rare coins, and Investing in metal-related exchange-traded funds or mutual funds. Realize the influence of politics on metal pricing
Adding metals to your investment portfolio or retirement savings plan can be a wise and profitable move. Profit from your money with the help of Precious Metal Investing For Dummies.
Junior Mining Investor: 14 Natural Resource Experts Show You How to Invest Profitably
Experts from the mining sector, such as David Morgan, Brian Fagan, Jason Hommel, and others, share their strategies for profiting from the speculation, trading, and investing in junior mining and exploration companies in this comprehensive guide. You’d better be in the ideal commodity at the right moment because such markets move like no others and offer the chance to more than double or triple your money in only a few trading days. Each concise chapter lays out the author’s concept and provides detailed instructions for putting it into practice.
The Dollar Crisis: Causes, Consequences, Cures, by Richard Duncan
After reading Richard Duncan’s “The Dollar Crisis,” I decided to teach a seminar on the topic. A severe recession is likely to follow the bursting of the real estate market and the collapse of the dollar, and this book may help explain why. There is no real estate bubble; instead, the world is experiencing an economic bubble. That is to say, governments all over the globe have generated too much “fake” money, and currency will soon become worthless. You should read this book even if you aren’t saving money or investing in real estate to learn where you should put your money before the bubble collapses. Robert Kiyosaki, the author of Rich Dad, Poor Dad, Rich Dad’s Prophecy, and Rich Dad’s Conspiracy of the Rich, among many others, says, “If you are in equities and mutual funds, you certainly want to read this book.”
The Silver Pennies: An Investors Guide to U.S. Silver Stocks
Although there has been a decline of 100 American silver risk assets over the previous decade, there are still about three dozen operating at various development, exploration, and production levels. Their accounts are included below. In it, you will also learn about silver’s history and its resurgence as a valuable commodity and strategic metal in the modern world.
Gold: The Once and Future Money, by Nathan Lewis
One of the world’s foremost experts on international economics, former research firm chief international economist Nathan Lewis, comes to a straightforward but compelling conclusion: gold has been embraced as money because it works. The gold standard led to decades, if not centuries, of monetary stability and economic growth. According to precedent, it will be repeated. Inside flap, copy describes Lewis as “providing an entertaining history of U.S. money and offering a sobering examination of recent currency issues around the world, notably the Asian monetary turmoil of the late 1990s and the severe devaluation of the currency in Russia. China, Mexico, and Yugoslavia.” And in doing so, he demonstrates why you should include gold in your investment portfolio more than ever.
Commodities Rising: The Reality Behind the Hype, by Jeffery M. Christian
Understanding how commodities can be utilized to diversify an investment portfolio and boost returns while decreasing risk is the focus of Commodities Rising. Commodities expert and author Jeffrey Christian dispels many myths about the market today, giving you a measure of reality against which to judge the claims made by various periodicals and brokerages. Commodities in the international economy, investment methods, and various types of commodity investments (including exchange-traded funds, equities, futures, and options) are discussed in detail.
The global commodities market is an intriguing facet of the global economy and financial system. Commodities are the foundation of the actual economy, but they also provide exceptional long-term investment performance and enormous short-term opportunities to investors and traders alike.
Throughout his thirty-year career, commodities specialist Jeffrey Christian has amassed a wealth of first-hand knowledge regarding the operation of these markets, the valuation and global movement of commodities, and the execution of a wide variety of related transactions. To that end, he has written Commodities Rising to tell you about his adventures.
Commodities Rising is an easy-to-read analysis of the current commodity market and the outlook for the next few years that can help investors and traders spot profitable opportunities. Furthermore, it will demonstrate how commodities can be incorporated into a diversified portfolio to lower overall portfolio risk and boost returns. You will learn about several direct and indirect methods of gaining exposure to commodities and specific strategies that will help you make the most of the instruments you select and confidently manage your positions.
Commodities Rising also does a great deal of work to dispel the myths and misconceptions about this market, offering an objective and scholarly reality check. Some more pervasive misconceptions are debunked; they include the belief that commodity prices would continue to rise in an unending “supercycle” and the expectation that China will become a major commodity user, further increasing costs.
In the book’s second half, we delve into sixteen commodities in greater detail, categorizing them as follows:
• Gold, silver, platinum, and palladium are all considered precious metals.
• Fuels: coal, nuclear, and renewables
• Agriculture in the tropics: cacao, coffee, and cotton
• Food staples such as corn, soybeans, and wheat
• Cu, Zn, and Pb are examples of base metals.
In each section, you’ll find the context you need to make an informed decision on whether or not to invest in these commodities.
Commodities Rising is a must-read for any modern-day trader or investor because of its useful information.