The Complete Guide to Investing in Gold and Precious Metals

As the U.S. economy struggled to recover from the worst economic crisis since the Great Depression, 2009 had citizens across the country searching for alternate investment vehicles, with many finding solace in a precious metal that has been a universal measure of wealth since early civilisation gold [...]
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As the U.S. economy struggled to recover from the worst economic crisis since the Great Depression, 2009 had citizens across the country searching for alternate investment vehicles, with many finding solace in a precious metal that has been a universal measure of wealth since early civilisation gold. With the value of the metal increasing above $1,000 an ounce in late 2009, investment brokers and novices alike began reaping the benefits that came with diversifying their investments. Its value is determined by a number of factors the volume of gold held by prosperous countries, the rarity of gold as it is refined, inflation, and current market trends. In 1910, gold was worth $20 an ounce. A century later, in early 2010, the value of gold held steady at nearly $1,120 an ounce. But a quick look at the history of gold will show that the value, although seemingly intrinsic, has not always remained constant, so it is understandable that you become easily confused by the financial properties of the world s most famous precious metal.This book was written to provide the savvy investor with an essential guide to understanding how gold and precious metal investments work, and how to make the most money from your investment. You will be given a complete history of the most traded precious metals on the market, as well as how practical uses of precious metals have directly affected their value over time, and how metals like gold and silver are direct indicators of the current state of the economy. Most importantly, you will learn to recognise market trends that pinpoint the risk of inflation and the exodus from stock to precious metals that will often occur as a result. You will learn the role central banks play in setting the value of precious metals and how you can use mutual funds and futures to diversify your portfolio, without spreading yourself too thin. With the assistance of dozens of financial experts and commodities traders who have worked with gold and precious metals for decades, you will learn how you can maximise your returns and minimise your risk. For anyone looking to diversify their portfolio and protect their investments with precious metals, this book is your complete investing guide.