A golden investing opportunity you can't afford to miss!
As most investors know, gold is a "safe haven" asset that can actually increase in value during stock market slumps and recessions. But what else do you really know about this commodity?
Are you taking full advantage of it? Do you know how to work it into your overall investment strategy? How to Profit in Gold is a comprehensive tutorial on making gold a profi table part of your investment strategy.
Jonathan Spall, a 25-year veteran of the precious metals market, provides an inside look at how the precious metal is traded and priced, along with valuable insight into gold's unique position in the marketplace. Filled with practical advice designed to help you get started right away, How to Profit in Gold explores such topics as:
- Simple and complex gold trading processes
- The pivotal role central banks play in the gold marketGold exchange-traded funds (ETFs)
- How spot gold is traded
- Why gold mining companies have traditionally hedged, and why they no longer do so
- Strategies for investing in the retail market
Spall provides an extensive glossary of terms you'll need to know, and he debunks various myths regarding thismarket, including the Fed's supposed scheme to keep gold prices artificially low during the 1990s.
The effects of global economic growth, the weakened dollar, the credit crunch, and the recent creation of enormous funds each affect the gold market; put them together and they add up to potential profits gold investors have never before dreamed of.
Gold is a surprisingly small market. When you learn how to navigate it, the potential for excellent rewards becomesevident. Can you afford not to start investing in gold?
Introduction *All New*; Chapter 1. Hedging-Revised; Chapter 2. The Official Sector-Revised; Chapter 3. Lenders and Borrowers of Gold-Revised; Chapter 4. "Bullion" banks-Revised; Chapter 5. Gold Exchanges-Revised; Chapter 6. ETFs-Revised; Chapter 7. Physical Gold-Revised; Chapter 8. Gold: Myths and Reality-Revised; Chapter 9. Gold at Record Highs-Revised; Chapter 10. Getting Exposure to Gold-Revised; Appendix 1: "Rules" for Trading Gold; Appendix 2: FAQ's; Appendix 3: Glossary of Terms; Appendix 4: Properties of Gold; Appendix 5: Bar Weights; Appendix 6: Case Studies *All New*
Series: Professional Finance & Investment
Number Of Pages: 240
Published: 7th September 2010
Publisher: McGraw-Hill Education - Europe
Country of Publication: US
Dimensions (cm): 22.3 x 14.5
Weight (kg): 0.42
Edition Number: 1