Portable Wealth: The Complete Guide To Precious Metals Investment [Paperback]

Adam Starchild (Author)

Book Description

ISBN-10: 0873649591 | ISBN-13: 978-0873649599 | Publication Date: January 1998

None of us wants to watch our hard-earned money go up like paper in the wind. Open this book and discover how precious metals can add weight and substance to your investment portfolio in a time when very little is considered solid or certain. It could be worth its weight in gold.

Editorial Reviews

About the Author

Adam Starchild is the author of more than a dozen books and hundreds of magazine articles on international business and finance.

Product Details

• Paperback: 80 pages
• Publisher: Paladin Press (January 1998)
• Language: English
• ISBN-10: 0873649591
• ISBN-13: 978-0873649599
• Product Dimensions: 8.4 x 5.5 x 0.2 inches
• Shipping Weight: 3.8 ounces
• Average Customer Review: 4.5 out of 5 stars  See all reviews (13 customer reviews)
• Amazon Best Sellers Rank: #1,668,839 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

50 of 52 people found the following review helpful:

5.0 out of 5 stars Great financial talent, May 17, 1999

By A Customer

This review is from: Portable Wealth: The Complete Guide To Precious Metals Investment (Paperback)

As I said in my book, The Offshore Update, published by Eden Press:

Of all the financial experts who have demonstrated literary talent, Adam Starchild is perhaps the least appreciated. This is unfortunate because Starchild is not only a lucid writer -- he is also a credible and conscientious reporter working in an area that until recently has belonged in the same chapter of financial literature with Fort Knox, Howard Hughes, and the Gnomes of Switzerland.

53 of 57 people found the following review helpful:

5.0 out of 5 stars Why should you read Adam Starchild's important new book?, September 15, 1998

By A Customer

This review is from: Portable Wealth: The Complete Guide To Precious Metals Investment (Paperback)

Several powerful reasons exist today that completely change the old way of thinking about gold (and other precious metals).

1. The crisis in Asia clearly shows the ultimate outcome of credit expansion. The U.S. economy lives and breathes on low interest rates, easy credit and loose money. Mortgage refinancing, consumer credit, margin debt, leveraging, and credit cards heat up the economy and encourage speculation and overconsumption.

2. Shocking structural changes in the foundations of the U.S. economy have enhanced the need for gold. Low savings, low investment, excessive leverage, disastrous liquidity trends, trade deficits, high speculation and astronomical public and private debt are a vew of these revolutionary changes.

3. Mainstream financial advisors and economists scorn gold to the extent it has become the premier contrary opinion investment of all time. In the debt- and deficit-ridden countries such as the U.S. and Canada, many people commit their funds exclusively to stocks and neglect hedging with gold.

42 of 45 people found the following review helpful:

3.0 out of 5 stars Could be better, October 3, 2003

By 

a reader (Alexandria, VA United States) - See all my reviews

Amazon Verified Purchase

This review is from: Portable Wealth: The Complete Guide To Precious Metals Investment (Paperback)

I purchased this book mainly because of it's high Amazon feedback rating. However, I was a little dissapointed. Although Starchild covers some good background history of precious metals, I felt his analysis was a little shallow. First, Starchild's argument that precious metals are a deflation hedge is controversial. Government's fixation of gold prices during the deflationary 1930's supported gold prices. Second, Starchild makes strong statements such as that silver prices can't go lower because they are already so low. Well just because something appears cheap does not mean it can't get any cheaper. We learned that during the tech stock meltdown. Lastly, Starchild has absolutely nothing negative to say about the subject. Everything is positive. There is no section covering pitfalls of owning or purchasing precious metals. I believe the volatility in precious metals make ownership of precious metals riskier than most investments and an assessment of risk needs to be addressed. Overall I felt this book did not a give a critical analysis on precious metals.