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

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

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.

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.

Grab this book if you haven't. This is an essential read to understand about precious metals and why we should save our (fiat) currencies in them. Get the 2015 edition. It's an updated version of the first book that came out in 2008.

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.