From the Inside Flap
Buy Gold Now
With foreign-financed U.S. debt levels continuing to soar, an intensifying real estate bust, and other signs of economic exhaustion following one of the longest booms in history, the probability of a dollar crash is now openly talked about in financial circles. Yet goldthe ultimate escape from financial risk throughout human historyremains one of the least-owned financial assets, representing less than 2% of the typical investment portfolio.
Pushing aside Wall Street's perennial aversion to gold, in Buy Gold Now, investment expert Shayne McGuire skillfully reveals why the opportunity to profit from this precious metal, as well as protect yourself from risk, has rarely been better. Long forgotten, the 2,300% gold surge in the 1970swhen debt was one-tenth the level present in our economy todayis a return not even the 1990s NASDAQ could beat.
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. It examines the country's current financial situation from a historical perspective, addressing some of the alarming issues that many economists today are pointing to with concern.
Divided into five comprehensive parts, this reliable
resource opens with detailed discussions of:
Why U.S. financial risk has never been higher
How our homes are the epicenter of U.S. economic risk
Why the longest economic boom ever is probably coming to an end
Keeping these and other issues in mind, the final two parts of the bookThe Case for Owning Gold and How to Buy Goldoutline the advantages and disadvantages of this essential asset in securing future wealth and protecting your portfolio during precariouseconomic times. Here, you'll receive specific recom-mendations regarding stock market investments via mining stocks and exchange-traded funds, and discover the best ways to invest in physical gold through bullion, "digital gold currency," and rare coins.
Filled with in-depth insights from some of the world's leading financial professionals, Buy Gold Now explains why gold isn't just a defensive purchase anymore, but an investment that can outperform the markets for many years to come.
From the Back Cover
Praise for Buy Gold Now
"Shayne McGuire has provided a clear exposition of the rationale for investing in gold in today's context. Don't look for the mainstream media to provide any clue of what is likely to unfold in the years ahead. Instead, read this book and you will be several steps ahead of the herd."
John Hathaway, Portfolio Manager, Tocqueville Gold Fund
"Shayne McGuire is not a typical gold bug, but a seasoned investment professional making a compelling case that the U.S. economy is in serious financial trouble and that gold will appreciate against the U.S. dollar. It is a must-read in order to preserve your and your children's wealth."
Marc Faber, Managing Director of Marc Faber, Ltd., and author of Tomorrow's Gold
"Buy Gold Now explains the global economic forces and the financial risks that could see gold become an important investment opportunity over the years ahead. It also offers practical advice on how potential investors can buy it."
Gerard Minack, Australian Market Strategist, Morgan Stanley
"The price of gold is rising because of today's turbulent financial times. Preparation and knowledge are essential to profit from higher prices, and this book provides the information you need to take advantage of the opportunities that lie ahead."
James Turk, founder, GoldMoney.com