Guide To Investing in Gold & Silver: Protect Your Financial Future

I extremely recommend this book, however my opinion is biased beacause I am a numbers' guy. Mike Maloney outlines an iron-clad argument as to why everybody should own some precious metals as an investment, but also as an insurance policy. Mike is not biased towards precious metals investing, he is a cycles investor. He believes that sometime this decade there will come a time to sell your precious metals & buy other types of investments instead. Historically, gold bull markets have always lasted for 12-20 years. We are currently 10 years into ours. The main indicator that Mike looks for when this bull market ends is the gold to DOW ratio. Currently it is around 9 & he thinks that it could overshoot past 1 & make a new record of 0.5. The last bottom occurred in 1980 at 1 & the one before that was around 1943 at 2. There are other indicators to look at as well. The trick, according to Mike, is to sell an asset once it reaches the price peak & then take that money & buy the most undervalued asset/investment vehicle that is around at that time. Then that asset will move into its bull market. He believes that this is the holy grail to wealth creation. The other critical point that Mike makes is that the US dollar is in serious trouble now because of the mammoth money printing (including electronic) that the federal reserve has commenced since the global financial crisis. This situation could be exacerbated by future budget deficits which may require further money printing, if investor demand for treasury bonds is lacking. Since 15 Aug 1971, the US money supply has been growing exponentially, then since 2000 it started growing logarithmically. Today, since October 2008 the US money supply (base money) has shot up like a rocket. In the 5 month period starting in October 2008, the federal reserve increased the money supply by approximately 120%. This means that it is probable that there will be hyperinflation in the US this decade & because approximately 72% of the global currency supply is US dollars (because of its use in international trade) this means that if US hyperinflation occurs it will be worldwide. Mike argues that precious metal prices could sky rocket & make massive gains in purchasing power & that a massive wealth transfer could occur from those who own cash & treasury/corporate bonds to those who own precious metals. Mike also argues that precious metals could be restored back to real money. During hyperinflation in Zimbabwe, people panned for gold in rivers to buy food. Just for some fuel for thought, Nostradamus made some predictions about gold & silver: 1. More than eleven times the moon will not want the sun, both raised & lowered to a degree. Put so low that one will sew little gold. After famine & plague the secret will be discovered. 2. The copies of gold & silver inflated which after the theft were thrown into the lake. At their discovery all is exhausted & dissipated by the debt. All scrips & bonds will be wiped out. 3. Treasure is placed in a temple by Western citizens, withdrawn therein to a secret place. The temple to open by hungry bonds, recaptured, ravished, a terrible prey in the midst. The first quatrain could refer to a silver to gold price ratio of 11:1 (Mike advocates that the logical ratio will go to 10:1) & diminished production in precious metals. The second could refer to hyperinflation & the gold & silver price manipulation by central banks & private financial institutions & the third may be about a robbery of Fort Knox or some other fortified building where precious metals are secured. Please buy the book, it is a wealth of information in regards to monetary history & precious metals investing. Precious metals is an obscure topic that will most likely become mainstream this decade. Thanks Mike.

This is one of the best books on real money and the history between real money v currency (fiat) which one you should you invest in. This book is TERRIFIC and easy to read and follow and teach your kids and grandkids about real money (God's money). Mike Malhoney he is one of the Rich Dad Advisors who works with Robert and Kim Kiyosaki (Rich Dad Poor Dad, CashFlow Quadrant, Who Stole My Pension, Fake and many more bestselling books Robert Kiyosaki) Robert and Kim put out an Educational Board game that is about money and teaches you and your family about real money and how you can make your money work for you the game was first published in 1997 and is in its 2nd or 3rd edition the game is called 'CashFlow 101". They also made a kids version just for your children called "CashFlow for Kids" teaches your children about real money and the basics on making smart choices to put there money to work for them.

Oh, those radical doomsday gold investors! Yeah, I was making fun of them just last month. This book devotes only the last few chapters to investing in precious metals and gives very practical advice. My only criticism is that the author should have given the book a more exciting title. I've found the book to be life-changing. The real value is in the chapters leading up to the practical advice, describing the history of money and how precious metals have repeatedly become the safe haven as governments (including our own) try to manipulate paper money until it is nearly worthless. I always thought investing in precious metals was merely speculative--based upon a belief gold was become scarcer. This book explains the relationship between the US currency and other nations, why I should even care about a trade deficit in China or what level our unpayable national debt has reached. It is now June 2011 and I've seen multiple cases of double-digit inflation in my grocery bag due to the legal counterfeiting (unrestrained printing) of currency. Precious metals will become THE globally accepted currency as US citizens and foreigners alike open their eyes to how worthless our dollar has become. When foreigners refuse to buy any more of our bad debt, our government will predictably react by increasing further the printing of currency to pay their bills, sending inflation beyond anything we have ever seen and finding ways to lie about how bad it really is. (There are lies, damn lies, and statistics.) Only those who have REAL money, which can't be counterfeited, will weather the storm that is on our doorstep and they will likely become the new wealthy. Read it and pass it on to anyone you care about . . . and don't wait too long!

This is an excellent overview of the history and cycles of precious metals and currency. The author is a well regarded expert in precious metal cycles. He explains in detail why the US Dollar is going way down and precious metals will go way up, and he does this in a way that is understandable to the average person. I don't work in finance or economics, and I found it very easy to follow and a quick read. There was not enough information about the Gold Confiscation of 1933. Maloney makes a good argument why people shouldn't worry about this on his web site at goldsilver dot com. I think he should have provided more explanation on reporting requirements and taxation, and I wish he would provide more explanation on the price manipulation of gold and silver, who is behind it and why. I give him credit for not shamelessly promoting his own firm, because he had many opportunities to do so. Since his firm sells bullion, he glossed over some of the downsides of owning bullion and exaggerated some of the downsides of investing using other methods. For example, he neglects to mention the high capital gains taxes on bullion and how expensive it can be to store it. I think its reasonable to forgive some bias in return for the education you get out of the first 13 chapters, but you should take part four with a grain of salt. I think anyone who takes their investments seriously will find the money and time spent on this book well worth it, but you shouldn't stop here. The author lists web sites, subscriptions, and suggested reading titles at the end of the book that you should also read to get a complete picture before you make any purchases. Also recommended: Peter Schiff's 'Crashproof 2.0' and Turk's 'The Collapse of the Dollar'. Crash Proof 2.0: How to Profit From the Economic Collapse The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets

For all the newbies, Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future is for you. It is an extremely easy, quick, and fascinating read that will explain to you how to protect your wealth and get positioned for the upcoming dollar destruction. You will be amazed at how much value your money has already lost see my article Gold vs Dollar, What a Knock Out! While there is still time to protect the wealth you have left, I highly urge you to get this book and read it thoroughly. This was actually the first book I read on investing in gold and silver and is one of my favorite investment books. Being a big fan of the Rich Dad book series in general, I thought I would give it a try. My only regret is I did not read it sooner! The author, Mike Maloney does a great job at walking through interesting historical events of many governments throughout history that started with honest money systems based on gold and silver. Then due to increasing government corruption, they moved their currencies away from gold & silver to eventually just printing currency! Which is the point that the United States has come to. Mike shows you the playbook these earlier governments used and proved to be a disaster for their countries and people by eroding the value of their currencies until they were worth nothing. The US seems to be running the exact same plays as many of the others and will leave its citizens out to dry when they wake up one morning and find that the US dollar has been devalued by 50-90% overnight like some recent countries or over a few years. Don't delay in getting this book. Protect yourself and your love ones now. For more info, please see [...].

Only if you use it! This is the book that inspired me to partner up and write a book on gold and silver investing for beginners. What I liked about this book was that it gives you the entire history of gold and silver. You learn the ins and the outs of exactly why you should be investing. You see all the historical charts. All the ups and downs. After you learn the history and the why, you learn the how. Should you buy more gold or silver, where should you buy it, where should you store it, what kind should you buy. You'll discover all of this. This book is the BIBLE of gold and silver investing. Highly recommended. It will save your financial life. Myself and Hunter Riley are the authors of "Stack Silver Get Gold: How to Buy Gold and Silver Bullion without Getting Ripped Off!" which is basically a shorter and more to the point book on gold and silver investing for beginners that will show you how to start investing the day you read the book. You can find the book here: Stack Silver Get Gold - How to Buy Gold and Silver Bullion without Getting Ripped Off!

At the tender age of 24, I got my first full-time job. I developed a passion for coin collecting. I brought 8 silver coins (eagles, kookaburras, Britannias, and maple leafs). At the time in 2004/2005, silver was around $14 per ounce. Gold was around $800 per ounce. My interest in coins diminished over the years until recently. Then I started researching precious metals and their roles in times of economic uncertainty. Much to my shock, the price of gold/silver had almost doubled in 6-7 years time. As I now write this, gold is a whooping $1500/ounce while silver is $38/ounce! After reading this book, and many others on the same topic, expect the price of gold and silver to soar rather quickly. With news coming, with increasing frequency, about the losing value of the dollar and European countries teetering on the verge of economic collapse (Greece and Ireland are holding on to dear life to avoid defaulting on their loans), yet another bubble about to pop in the US (student loans), I can honestly say Michael's book is on point. The book does give a very excellent case point as to why gold and silver always win in the end (100% failure rate of fiat currency use throughout history). Throughout the book and near the end, Michael Maloney gives a strategy on how to invest in precious metals and he somewhat walks one through on how to invest wisely when it comes to popping economic bubbles and wealth transfers (the analogy of the pendulum is excellent). Overall, "Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future", to me at least, is a potent weapon in protecting your assets from destructive economic practices of governments.

I'm a Rich Dad / Kiyosaki fan but I'm also very realistic This book as described in the title of my review is one where the author attempts to write a good book that ends up turning out so-so. He attempts ti give great information which is conceptually so-so as well, and slips in an occasional sales pitch for other Rich Dad books and his gold/silver business. Rather than use his site which is <...>, I use <...> because GoldSilver is slightly more expensive Mike Maloney will talk about how fundamentals will ALWAYS win, which isn't true... At least in a timely manner. If fundamentals always trumped technical, then people who bought gold and silver in the early 70's will only just now be getting a positive ROI at all..... Fundamental advice can and will beat everything over the span of hundreds of years, but Technical investment strategies consistently beat short term gains by responding to change much faster. Rather than say buying silver in 1913 and watch it "devalue" to $4 in 1993 and amazingly continue to skyrocket into 2013. But by then you're dead anyways and your family thinks of you as the crazy coin collector. My greatest walk away piece of advice from this book though which makes the book really worth it (at a used price) is how he uses the value of metals measured in "stuff" rather than USD. Note I quoted "Devalued" in the bottom of the last paragraph. The reason why is because something that appears to be getting devalued against the dollar, will appear to fall in value, and it very well may. But the key here is that the dollar can be falling at a faster pace in how much "stuff" it buys, than the metal does. If you assume a 1.oz $1 silver eagle in 1900 is worth $1 per ounce in both USD money, and silver, and you watch the price to the year 2000 after the removal of the gold standard. You will notice that both the dollar and silver falls in value because the $3 per ounce value neither the USD or the silver buys as much stuff as $1 did back in 1900. $10 in the year 2000 wouldn't buy as much as what $1 did in 1900. But the amazing thing is that while the value of the dollar would be booming (ignoring the .com bust here) and silver would fall, the USD would continue to buy less and less stuff than the same amount of money in silver. Instead of valuing a metal as --- 1.oz = $___. USD You instead value metal as ----- ___.oz = DJI (The Dow Jones Index) Because the DOW is a measure of industrial goods, it is a measure of the costs of "stuff" When you measure the dow against the USD, the USD can rise or fall and the market will follow suit. But when you measure the value of the DOW in metal, like gold, you then see the true performance of how much gold, silver, copper, etc... it takes to maintain your standard of living. If the two comparisons are different enough depending on the market, you will find that the DOW valued in dollars will show a booming economy, but the DOW in metals will show the reality that inflation has on the dollar. And that is it will take more dollars to buy tangible stuff (Food, water, energy, property, doodads) as the USD is inflated, but everyone is hallucinating that the dollar is performing well. Almost as if the USD is a mirage in the desert. And while the metal might fall in value in how much "stuff" it buys, as measured by the DOW, even though the price in dollars may skyrocket, it will still be doing much better than the dollar. Basically I like to say if I kick you out of a -metal- aircraft with nothing but a backpack full of paper, as you watch the plane become smaller and smaller, it will appear as I'm taking off into space. When in fact it is you who is falling to the ground. In the short term you can make or lose money in metals. But if you want to create a philosophy for your entire family to follow for generations, get them on metal. Even if it tanks in value it will still perform better and buy more 'stuff' than dollars. And when all is said and done, he who has the gold, makes the the rules, you can die in peace knowing that sooner or later your family will be one of the wealthiest. Because no paper or digital fiat money will ever beat the value of tangible metals indefinitely. If the value of the metal in the 1900 Silver Dollar becomes more valuable than the coin (USD) it is printed as, and over the course of a hundred years is removed from the USD and replaced with nickle, zink, copper (which is now also becoming more valuable than the penny it represents)etc.... What does that tell you? It tells you that the USD is toxic, not sustainable, and is on a continual track of devaluing. Why would you save your money in a bank account, saving paper dollars and debased metal coins for your entire life, when even if both the USD and metals go down in value, the metals will still have twice as much value as the USD because it will buy twice as much stuff.... A 1 ounce $1 coin at the greatest value of the dollar ever, and at the lowest value of the metal in history was still worth half as much as the value. When silver was at its lowest value ever of $2.oz, and the dollar was at its highest value ever, over the course of 90 years, silver was still worth twice as much as the dollar even though they were once equals. Never, ever, save your wealth in something that can be reproduced from nothing. Only tangible property holds tangible value. Even better than metals is land. Because land over the course of entire family generations (especially farm land) almost never falls in value. And if you own land, you own the metals, gas, oil, and other resources under it.

This book is a good guide to understand the basics of money. After reading the book you'll understand that the only real money for over 2500 years are gold and silver.

It has "some" good information if you are new to the subject.

It is a good book for the ones who are begginners in metals investment. Dividing the book in three simple sections: Why silver and gold prices will rise up and why to save on them, the possible future or predictions of gold and silver prices and the inevitable faith of currency, and finally how to invest in precious metals and do's and dont's while investing on them. Still, I think that the book has a plenty of investing terms that freshers in these things would feel confused. Anyway, I think the book is driven to convince beginners (not newbies) that gold and silver are the best way to save for the future.

Mike Maloney knows the precious metal market thoroughly. He's been educating about gold and silver quite a long time. He has a series about how money works which is terrific. Gold and silver, not fiat currency are money. Buy the book and you will understand all about why things cost more over time as paper currency goes down in value. He explains historical societie's strength with real money and sure fall without it.

Although the most recent version of the book dates to 2015, it is very relevant today and is the most complete guide you will need if you are thinking of buying gold and/or silver. Full of relevant information, facts and figures without being too technical or long-winded.