Masterfully researched, and written in a straightforward style, Buy Gold Now makes a case for buying gold as protection against the rising risks of an unprecedented global currency crisis and as a profitable investment vehicle. Divided into five comprehensive parts, this reliable resource examines our country’s current financial situation from a historical perspective and addresses some of the alarming issues that many economists are currently pointing to with concern.
User Ratings and Reviews
4 Stars Another book on gold investments, this one worth reading
I liked this book. The author is not too opinionated and not dogmatic. He acknowledges that historically gold has NOT been a good investment over the long run, but makes a compelling case why he thinks it is a good investment now. He is also not emotionally attached to gold, and in fact hopes to sell it someday; he proffers that it could peak at ten thousand an ounce, which would be ten times its current price or about a 90 percent devaluation of the dollar. I think he offers a balanced analysis from a backround as a professional money manager. There are a number of books like this currently for sale, however I think this one is particularly thoughtful and worth reading, even though I have read several others on the subject. However, one complaint I do have is that book would have been much better if it had been published 2 to 5 years ago. At this point, gold is already up to four fold in that period of time. Several of the other books on this subject were more prescient and timely in their release. If one already has had gold investments, this books reinforces your strategy, however recommending investing in sectors that have already risen substantially lends less credibility and profit not to mention risk. Had he written the book when gold was $300, that would be a 33 fold profit if it goes to ten thousand. Gold at $1,000 is a ten fold profit, considerably less.
2 Stars Right conclusions for the wrong reason, dangerous book
Bought this book because of all-5-star reviews. It turns out this book is not worth the money.
The book is VERY dangerous, because it reaches right conclusion (buy gold) for all the wrong reasoning. Author either has no clear understanding of the processes that are going on around money, credit and debt, or believe what he’s read in multiple economics schoolbooks on subject. He bases his analysis on Government-supplied economic numbers and NEVER QUESTIONS THEM (we all know there’s lies, damn lies and Government statistics, especially since 1980th). He doesn’t understand that the Federal Reserve is a privately owned enterprise, and that The Federal Reserve and Government together are responsible for inflation and other economic turmoil United States has found herself today.
If you want to stay in the bubble media, economists and politicians have created for you, this is “your” book – lots of graphs and statistics based on false or fake economics. Ironically, author still reaches right conclusion – BUY GOLD. For the rest of us who want to REALLY UNDERSTAND what is going on behind the scenes – don’t buy it, there are much better books out there.
I would recommend starting with “The Revolution Manifesto” by Ron Paul and many other Gold books, for example “The Collapse of the Dollar and How to Profit from It”
5 Stars good explanation of the current world economy
Whether you are interested in buying gold or not, this book is of value for its general explanation of the world economy. If you are interested in such things as the housing market crash, dollar devaluation, trade deficits and the role of the American consumer in the world economy, you will enjoy this book. It explains and ties all these things together in clear and easy to understand reading.
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