Читать книгу Guide To Investing in Gold & Silver - Michael Maloney - Страница 9
ОглавлениеMy greatest wish for you is that this book changes your life by changing your outlook, and in turn brings you prosperity in the tough times ahead.
Many of the predictions I made in this book have already come to pass. The stock market crash of 2008, the bursting of the real estate bubble, the tsunami of foreclosures, Mortgage Backed Securities causing the financial crisis to be transmitted around the world instantly, and Ben Bernanke’s overreaction to the threat of deflation with massive currency creation. And I believe it’s only a matter of time before the rest of my predictions come true.
For this printing I have chosen to leave the original contents of this book pretty much untouched. I have, however, added notations marked “2015 Update” here and there. Even though this book was originally published just before the global economic crisis of 2008, it is even more pertinent today, because nothing has been fixed. In fact, all the underlying fundamentals that caused the meltdown of `08 have only been magnified by the actions of the world’s central banks. The bailouts, currency creation, market manipulation, derivatives expansion, and growth of the “too big to fail” banks only guarantee that the next crisis will be of a far greater magnitude.
As I have said many times before, “This is the greatest wealth transfer in history, therefore it’s the greatest opportunity in history.” Yes, the threat has never been bigger, but that means that the opportunity has never been bigger. The forces that threaten the world monetary system are the same forces that will propel gold and silver to unimaginable heights. The good news is that by buying this book you have demonstrated the intent to turn these forces to your advantage and transform this crisis into your opportunity. As my video producer/media director, Dan Rubock, from Australia says… “Good on you mate.”
This book was originally published as part of Robert Kiyosaki’s Rich Dad’s Advisor series of books, and quickly became the best selling book on precious metals investing of this century, and perhaps all time. Translated into eleven languages and available worldwide, it is the result of six years of research and 2-1/2 years of writing. It is the culmination of two books, which were distilled, condensed, and edited down to one, losing 23 chapters and over 1000 pages in the process. If you enjoy this book and want to learn more please visit my educational website, WealthCycles.com, where you can find many of the missing chapters.
When you read the book or visit my website you will see that I am a cycles-investor (you’ll learn more about that later in the book) and I believe that we are in the portion of the economic cycle where gold and silver will prove to be some of the best performing assets of our time, so the vast majority of my personal wealth is invested in precious metals. In 2002 I discovered that gold was severely undervalued and started buying shortly after it broke the $300 barrier. By April of the following year I discovered how undervalued silver was compared to gold and started buying silver while it was still under $5, and I have been buying ever since. In 2005 I started an online precious metals dealership, GoldSilver.com, and in 2008 published this book. I believe in these economic waves and cycles so strongly that I wrapped my entire life around them, and thus have bet my financial future on them. But my point is that, yes, I am a precious metals dealer, but I was a precious metals investor first.
The big question that is not answered in this book is when to sell. In chapter 7 you’ll learn the difference between price (how many dollars something is worth) and value (how much other stuff something is worth). My strategy for determining when to sell is based on measuring gold and silver’s value, for more than a century, against real estate, stocks, bonds, oil and a whole host of other investment classes. One day gold and silver will go into a bubble and I want to make sure I ride this bull market all the way to the top. At my educational website, WealthCycles.com, you can learn how to measure this for yourself. Or, if you prefer, you can sign up for my ‘Insiders’ program where we’ll do it for you. You’ll also learn my exit strategy and which asset class I will be investing in when I sell my metals.
If you are going to invest in Gold and Silver before finishing this book, please skip to “Part 4, How to Invest in Precious Metals” and read chapters 14, Beware the Pitfalls, 15, Who Are You and What’s Your Plan?, and 16, Let’s Get Physical, before you take any action. There are lots of scams out there and the reason you bought this book is to make sure you prosper and don’t get hurt.
If you are going to use an online dealer, we at GoldSilver.com would be honored if you would give us the opportunity to be of service to you. I’m proud to say that my business has grown to be one of the largest and most reputable dealers in our industry. You can visit our website at GoldSilver.com or call us at: 1-888-319-8166.
