Book Description
During the 1980s and 1990s, when gold rocketed above $800 an ounce and silver approached $50, many believed that these upward trends would never end. But prices plummeted, misinformed investors lost millions...and savvy investors stepped in to pick up the pieces and the profits. Philip Gotthelf , who first warned that silver could fall below $4 on NBCOs Today Show and later called for declines in gold and a change in price parity for platinum and palladium, proved an extraordinary prognosticator for investors following his advice. Now Gotthelf has a new book and, whether you are new to coins, bullion, and mining stocks, or an old hand at hard asset investing, The New Precious Metals Market is a must read. From a brief history of precious metals to detailed investment strategies, this thought-provoking book explains the need and purpose of gold, silver, platinum, and palladium as our world changes and we face new challenges. Do you know which events will affect specific metals? Just as important, do you know how and when? The New Precious Metals Market delivers the special information you need to approach markets with new enlightenment and market-tested, market-proven strategies. Through the pages of this profound book, you can share the knowledge and experience of one of the worldOs most recognized analysts. Your new fascination with precious metalsNand their profit-packed possibilitiesNstarts here.
From the Back Cover
Precious Metals: New Markets--New Profit Opportunities! The world of precious metals is rapidly changing, with stunning developments in the precious metals market. Gold, silver, platinum, and palladium offer new and different profit potential for those who understand the impact of new technologies, new economic forces, and new demographics. Where, when, and how will trends develop? What are your best strategies? Will gold and silver be used as monetary instruments again? Do precious metals offer the best inflation hedge? Now you can understand the forces that will shape precious metals price movements into the 21st century. The New Precious Metals Market is an exhaustively researched, one-of-a-kind book that explains why gold and silver have underperformed while stock prices have soared and bonds have offered hefty yields. With an understanding of the new and strikingly different forces at work behind the precous metals scene, you can be prepared for the next explosive price movement. Learn how to benefit from the these critical developments: Central Bank Divestment of Gold and Silver REserves--Cut through the confusion to determine if the massive selling of national precious metal stockpiles is a "buying opportunity" or a "distress signal". Environmental Impact on Platinum, Palladium, and Silver--The world is increasingly concerned about clean air and water. See how this factor can translate into a demand for platinum and palladium. Discover how "ratio demand" for these metals may change to provide exceptional profit opportunities. There's also the little-known secret about silver and its environmental impact! Mining Technology--They said it couldn't be improved. Now, previously unthinkable mining and regining techniques are becoming commonplace. What are the latest and best mining methods? Who has them? What does it mean to the investor? Demographics--Global wealth is increasing at an unprecedented pace. How will religion, tradition, and other demographic factors affect precious metals? How can you cash in on price fluctuations over the next several years? The New Precious Metals Market gives you the knowledge, and the edge, to compete and win in today's new and exciting investment marketplace.