Guide To Investing in Gold & Silver: Protect Your Financial Future Paperback – September 15, 2015

Mike Maloney knows the long history of gold and silver as real money and the long history of fiat currency as fleeting, inevitably worthless paper. Thankfully, he has shared it with the broader public in his outstanding books and videos. Read this book, friends. Watch his documentary series on gold and silver. Then protect yourself and your family against the coming economic meltdown by buying and safekeeping precious metals.

Great content. Well structured book. This book is a must read for anyone wanting to understand the history and value of money, as well as the relevance of gold & silver in the financial markets. Every new investor should read this book. Mike does a great job. The title does not do justice to the essence of this book.

If you are looking for a book that provides an overview of the history of gold and silver with well-supported research and economic data (including helpful explanatory graphs and charts), this is the book!

Strong arguments on why to invest in gold & silver, but weak information on how to successfully invest in them.Author does a great job throughout the book describing why and when we should invest in gold & silver, particularly American gold and Silver Eagles. However, there is very little information on how to get the best deals on bullion. There is no mention of investing/trading in gold or silver streamers such as Silver Wheaton or Royal Gold, which would help to eliminate the US 28% collectors tax. No mention of investing/trading in funds that are based on actual metals such as Sprott Physical Bullion Trusts that could also help to eliminate the 28% collectors tax if held for more than one year. No mention of owning metals overseas in the Perth Mint. No mention of other precious metals, such as platinum or palladium.No mention of purchasing gold coins from large banks overseas where the premium paid over spot may be minimal.I disagree with the author's opinion to avoid purchasing pre-1964 US junk silver coins, which can usually be acquired for only a slight premium to the spot value of silver, versus the 10-20% you may have to pay for freshly minted American gold and silver Eagles.I also disagree with his total dismissal of using technical analysis, which can be a useful tool for people trading in metals to help them recognize when the metals appear overbought or oversold, and enter and exit trades. The author talks about the importance of recognizing cycles in the market, but then completely dismisses technical analysis which can be used to help determine where we may be in these cycles.Bottom line, good book with historical examples to help convince beginning investors on the utility of owning precious metals, but very little here for even moderately sophisticated investors in precious metals. Also, this book already needs to be updated to reflect new precious metals investment vehicles and how to optimize your returns using them. Should also cover new laws under Obamacare that require sellers of gold and silver to report information about purchases > $10,000. It also requires them to report all purchases from individuals greater than $600, and for everyone to keep receipts of these purchases indefinitely for tax purposes. [...]

Awesome book. Info all should have.

Best guide ever

Great Book

I'm a Rich Dad / Kiyosaki fan but I'm also very realisticThis 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 expensiveMike 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 = $___. USDYou 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.