Guide to Investing in Gold and Silver
Due to the interest it has caused me the Permanent Portfolio and read books Harry Browne, purchased Guide to Investing in Gold and Silver in order to investigate what is supposed to know to get the benefit of buying gold and silver . Written by Michael Maloney, and edited by the series of Rich Dad Robert Kiyosaki Advidsors, the book takes you on a journey through the history of economic crisis and its relation to gold, and as we read cycles studied metals precious and its relationship with other possible assets.
The guide is divided into four main parts:
1. Yesterday. In the first study of business cycles, crises, and the ratio of currency to gold and silver. It is argued that the money you know, the notes are debt from the moment it is created by the central bank to shift debt is becoming a snowball as it passes by the state, the most expensive sold to financial institutions and savers, financial resell them to consumers, …, and so on until we reach the breaking point now, where the only real money seems to be the precious metal. Thanks to the understanding of the bubbles on assets in particular and its relation to gold, the transfer of wealth becomes more understandable.
2. Today. The second part examines the current collapse of the countries and their currencies. Deficits and debts that the author thinks are impossible to fix, which will result, again according to Maloney, one of the most spectacular ascents of the same asset class in history, and that asset is the precious metal. (The book was written in 2008)
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