Paperback: 284 pages
Publisher: Doug\Eberhardt; 8.3.2010 edition (September 2, 2010)
Language: English
ISBN-10: 0982586116
ISBN-13: 978-0982586112
Product Dimensions: 6 x 0.6 x 9 inches
Shipping Weight: 1.1 pounds (View shipping rates and policies)
Average Customer Review: 4.2 out of 5 stars See all reviews (83 customer reviews)
Best Sellers Rank: #67,386 in Books (See Top 100 in Books) #28 in Books > Business & Money > Investing > Commodities #261 in Books > Business & Money > Investing > Introduction
I found Doug's book to be both informative and helpful. Like other reviewers stated it starts off with the WHY you should buy physical gold. This is important especially if you don't know what the big deal is. Why is gold is worth so much? The book explains the bigger picture. Chapter 1 talks about the Federal Reserve and politics. Chapter 2 gives you a broader history of the Federal Reserve, and you come to understand just how much power they have over the economy and the US Dollar which is directly tied to the point he is making about gold importance as an investment.Chapters 3 - 4 cover more of why the financial industry is flawed, especially banking and the stock market. He goes into more depth, but it gives you an idea why it is a good idea to store physical gold in your house as part of a diversified nest egg.Chapter 5 - 6 covers common misconceptions and directly addresses how you should fit gold into investing (not just personal conjecture as the previous chapters provide).I found Chapters 7 through 11 to be the most interesting, and I feel they will give 90% of readers the actual information they are looking for, which is the HOW of buying gold. Where to get it, what it's going to cost, how to store it, etc.Chapter 12 is gold investments which I didn't enjoy but other people will find interesting as they can learn to leverage gold in a 401k.Chapter 13 covers the actual selling of the gold when you are done holding onto it.The next section covers silver. I guess my biggest complaint is the Silver part of the book seemed almost an afterthought. Mr. Eberhardt does not go into nearly as much detail.That being said he does cover silver buying and selling pretty well in 6 chapters.
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