Description:
A practical guide to using gold to excel in today's overextended financial world
With American consumer debt doubling in seven years and the federal debt continuing to surge, a potential dollar crash is now talked about openly in financial circles. Although risks in financial markets have been escalating--creating a need for protection in gold--no major investment house recommends it, and gold remains the most under-owned major financial asset! Written by investment expert Shayne McGuire, Buy Gold Now discusses why the opportunity to profit in gold--and protect oneself from risk--has never been better. This reliable resource covers essential issues, including the best ways to invest in bullion, specific recommendations regarding rare coins, and stock market investments via gold and silver mining stocks and ETFs. With anecdotes from some of the world's leading financial professionals, Buy Gold Now explains why gold isn't just a defensive purchase anymore, but an investment that can outperform the markets for many years to come.
Table of Contents:
Acknowledgments.
About the Author.
Introduction.
Part I. Our Debt. American Financial Risk Has Never Been Higher.
Chapter 1. The 65-Trillion-Dollar Wind Blowing From Our Futures.
Chapter 2. How Can Families Really Be Getting Richer By Borrowing More?
Chapter 3. Why the World Continues Lending (Most Of Its Savings) To Us.
Chapter 4. Relying on Foreigners: Our Economic Future May Be Out of Our Hands.
Part II. Our Homes: The Epicenter of American Economic Risk.
Chapter 5. Real Estate, This Decade's Economic Driver, Could Drive Us Into Recession.
Chapter 6. The Negative Amortization Mortgage Loan Is Born.
Chapter 7. Tighter Lending Standards and No Help From the Fed.
Chapter 8. The Great American Equity Cash-Out Is Coming to an End.
Chapter 9. Financial Culture Shock: Real Estate Investment Can Have a Negative Return.
Part III. Our Economy: The Longest Economic Boom Ever Is Probably Ending.
Chapter 10. Balance Sheet Recession: We Could Be Heading in a Japanese Direction.
Chapter 11. Smiling on the Lawnmower: Affluent Poverty.
Chapter 12. When the Fed Cuts Rates Again, Will the Dollar Finally Collapse?
Part IV. The Case For Owning Gold.
Chapter 13. Why The Time Is Right For Gold to Skyrocket.
Chapter 14. Stocks and Bonds Offer Little Compensation For Risk Today.
Chapter 15. Gold's Scarcity: New Sources of Demand and Falling Supply.
Part V. How To Buy Gold.
Chapter 16. When You Simply Want Financial Insurance.
Chapter 17. Mining Stocks, ETFs and GoldMoney.
Chapter 18. Rare Coins: A Bet On The Highest Possible Gains in Gold.
Chapter 19. Why Silver Might Outperform Gold.
Conclusion. Don't Be a Gold Bug: Sell When It Is Time To Sell.
Notes.
Index.