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The ABCs of Gold Investing: How to Protect and Build Your Wealth with Gold
 
 
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The ABCs of Gold Investing: How to Protect and Build Your Wealth with Gold [Paperback]

Michael J. Kosares (Author)
4.3 out of 5 stars  See all reviews (18 customer reviews)

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Book Description

April 1, 2005
Beginning investors will find thorough guidelines for making good decisions in this guide to private gold ownership. Emphasis is placed on the asset-preservation qualities of gold at a time when investor uncertainty about the economy and recent investment scandals have led many to seek asset diversification. The economic and political trends driving gold marketing are detailed, as are the reasons why gold plays an important role in millions of investment portfolios worldwide—as both a hedge and an investment for capital gain. Topics examined include understanding gold's role in combating inflation and deflation, how to select a gold firm, the history of gold since 1971, storing gold, and government debt.

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Editorial Reviews

About the Author

Michael J. Kosares is the founder and president of USAGOLD-Centennial Precious Metals, one of the oldest and most prestigious U.S. gold firms serving private gold investors. He is editor and publisher of the newsletter News & Views: A Quarterly Review of Forecasts, Commentary & Analysis on the Economy and Precious Metals.

Product Details

  • Paperback: 182 pages
  • Publisher: Addicus Books; 2nd edition (April 1, 2005)
  • Language: English
  • ISBN-10: 1886039720
  • ISBN-13: 978-1886039728
  • Product Dimensions: 8.4 x 5.8 x 0.5 inches
  • Shipping Weight: 9.6 ounces (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (18 customer reviews)
  • Amazon Best Sellers Rank: #209,877 in Books (See Top 100 in Books)

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Customer Reviews

18 Reviews
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Average Customer Review
4.3 out of 5 stars (18 customer reviews)
 
 
 
 
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29 of 30 people found the following review helpful:
5.0 out of 5 stars A Must Read If You are Considering Gold...., May 10, 2007
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This review is from: The ABCs of Gold Investing: How to Protect and Build Your Wealth with Gold (Paperback)
Kosares wrote an easy to read book that you should have in your library if you own gold or are considering gold as an investment. All the basic "how to buy" information is here plus much more. For example, The chapter titled "G is For Government Debt" is a real eye opener if you want to know how the U.S. dollar got into the mess it is in today. Reading this chapter alone should give you reasons to invest in hard assets as opposed to currency based investments. Kosares is not new to the gold market. He has been writing about gold and educating consumers about this precious metal for many years. In fact, this is the second edition of his book and it appears to have been substantially updated. Bottom line - read "The ABC's" of Gold Investing" and then read it again. There is much wisdom between the covers of this book.
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26 of 27 people found the following review helpful:
5.0 out of 5 stars Good "all -around" information, January 9, 2007
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This review is from: The ABCs of Gold Investing: How to Protect and Build Your Wealth with Gold (Paperback)
Not being a "savy" gold investor, I wanted to find a book that would provide a good understanding of all the issues surrounding gold investments both for profitability and asset protection. This book is definitely worth the read. It is very informative in covering the history of gold and how it responds with inflation and deflation, explaining different investor objectives, and providing a great overall summary of how to go about investing in gold. This book has provided me the basic knowledge to begin my gold investing. Good book to have in your library.
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21 of 21 people found the following review helpful:
5.0 out of 5 stars A "MUST HAVE" if you are a Beginning Gold Investor, January 9, 2008
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This review is from: The ABCs of Gold Investing: How to Protect and Build Your Wealth with Gold (Paperback)
I cannot recommend this book enough if you are planning on investing in gold. It is perfect for a Beginner. This book is well written, organized with a wealth of information, and very easy to read.

Mr Kosares, who has over 30 years experience in investing gold, gives very good reasons why you may want to invest 10-30% of your portfolio in gold, what form of gold to buy, what to look for as you find a gold firm to purchase from, how to try and prevent the US government from confiscating gold from you as FDR did in 1933, objectively compares gold vs. silver investment, what has to be reported to the IRS, how gold is a winner during inflationary and deflationary times, etc etc.

There is a lot to know about gold investment, and this book is a very good road map to investing in gold successfully. I highly recommend this book.
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