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2 Reviews
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Average Customer Review
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9 of 9 people found the following review helpful:
4.0 out of 5 stars
rational advice
A major motivation for the writing of this book is the run up in prices of gold, silver and platinum during this decade. So when I started reading this book, I expected some shrill hyping. Because in the last 25 years or so, the niche of precious metals has been about the worst performing sector in the US, considered over all mainstream investment classes...
Published on March 17, 2007 by W Boudville
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6 of 11 people found the following review helpful:
1.0 out of 5 stars
Doesn't Do The Job
The book doesn't live up to the title...in the chapter on forecasting he states, that it can't be done. I think what he meant to say was, he doesn't know how to forecast the price of precious metals. I sent my copy back.
Published on June 26, 2007 by Ralph Edwards
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9 of 9 people found the following review helpful:
4.0 out of 5 stars
rational advice,
By
This review is from: Precious Metals Trading : How To Forecast and Profit from Major Market Moves (Hardcover)
A major motivation for the writing of this book is the run up in prices of gold, silver and platinum during this decade. So when I started reading this book, I expected some shrill hyping. Because in the last 25 years or so, the niche of precious metals has been about the worst performing sector in the US, considered over all mainstream investment classes.
Yet, against most of my expectations, Gotthelf offers fairly sober advice. He does point out that from 1972 to 2004, the silver price equilibrates around $5/ounce. And that, for example, a bull market in silver tends to be short lived; around 1 year. All this adds to a cautionary approach. Don't think that silver prices can keep rising indefinitely. Be a cynical bull. He also analyses gold. For both, hedging advice is proferred. Along with writing of covered calls against any bullion that you own outright. And he cites examples of past frauds in the field of holding bullion. Keep your wits about you.
6 of 11 people found the following review helpful:
1.0 out of 5 stars
Doesn't Do The Job,
This review is from: Precious Metals Trading : How To Forecast and Profit from Major Market Moves (Hardcover)
The book doesn't live up to the title...in the chapter on forecasting he states, that it can't be done. I think what he meant to say was, he doesn't know how to forecast the price of precious metals. I sent my copy back.
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Precious Metals Trading : How To Forecast and Profit from Major Market Moves by Philip Gotthelf (Hardcover - May 2, 2005)
$74.95 $47.22
In Stock | |
 
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