Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future (Paperback)

by Michael Maloney (Author)
Key Phrases: invisible crash, numismatic premium, currency supply, United States, Federal Reserve, World War (more...)

Editorial Reviews

Product Description
"Throughout the ages, many things have been used as currency: livestock, grains, spices, shells, beads, and now paper. But only two things have ever been money: gold and silver. When paper money becomes too abundant, and thus loses its value, man always turns back to precious metals. During these times there is always an enormous wealth transfer, and it is within your power to transfer that wealth away from you or toward you." --Michael Maloney, precious metals investment expert and historian; founder and principal, Gold & Silver, Inc.

The Advanced Guide to Investing Gold and Silver tells readers:

• The essential history of economic cycles that make gold and silver the ultimate monetary standard.
  
• How the U.S. government is driving inflation by diluting our money supply and weakening our purchasing power
  
• Why precious metals are one of the most profitable, easiest, and safest investments you can make
  
• Where, when, and how to invest your money and realize maximum returns, no matter what the economy's state
  
• Essential advice on avoiding the middleman and taking control of your financial destiny by making your investments directly.

About the Author

Michael Maloney is a precious metals investment expert and historian and the founder and principal of Gold & Silver, Inc. He serves as an advisor on Robert Kiyosaki's Rich Dad team and speaks frequently on commodities investing.

Product Details

• Paperback: 240 pages
• Publisher: Business Plus (August 28, 2008)
• Language: English
• ISBN-10: 0446510998
• ISBN-13: 978-0446510998
• Product Dimensions: 8.9 x 6 x 0.7 inches
• Shipping Weight: 11.4 ounces (View shipping rates and policies)
• Average Customer Review: 4.7 out of 5 stars See all reviews (34 customer reviews)
• Amazon.com Sales Rank: #2,665 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

35 of 36 people found the following review helpful:

5.0 out of 5 stars The time is NOW for gold and silver investing!!!!, September 12, 2008

By	R. Turner - See all my reviews (REAL NAME)

Mike has made a compelling case that sooner, rather than later, the US Dollar is going to tank and everyone will be running to gold and silver to protect their wealth. The good news is that NOW is the time to get in on both silver and gold- before the HERD of people start rushing in. Mike states that this opportunity coming could be the best investment in history.
The book starts off with the history of other empires that have used a fiat currency and how they have failed 100% of the time. The United States has been on this path since Aug, 1971 when President Nixon took us off the gold standard. There are a lot of interesting facts in this book but not too many to bore the reader. He explains that gold and silver will revalue themselves periodically in relation to the amount of paper currency printed. For example, the M3 money supply (total printed money in circulation) was ~$1.7 billion in January, 1980 when gold hit $850 an ounce. Today, the M3 is estimated at $14 trillion, a 7.7 times increase in the amount of currency. With that said, gold, when it adjusts, should be $6,118.00 an ounce...
Mike goes into today's current economic climate, then predictions for "tomorrow". He concludes with the final section "How to Invest in Precious Metals".
I recommend this book if you are unsure about silver and gold relating to investing. There's so much documentation and research behind it.

I've never read an investment book with this much passion put into it!!!

26 of 27 people found the following review helpful:

5.0 out of 5 stars This is the book I've been searching for., August 23, 2008

By	Sam Iam "ArtDeco" - See all my reviews

I became interested in precious metals and economics about a year ago and have been reading and watching everything I could get my hands on. After a while you begin to see that there is a lot of common ground shared between most of the material out there and being new to the "Rich Dad" stuff I wasn't sure what to expect from Mike Maloney (though I did like the series of interviews he did with industry analysis professionals). I was very impressed with the amount of original research and information I found in this book - it covers all the bases from the historical trends and cycles, to the fundamentals of economics and everything in between. Of all the books I've read on the subject this year (about 10 so far) this is by far the best overall coverage and was the most fun to read.

25 of 26 people found the following review helpful:

5.0 out of 5 stars MUST Read if You Want to Protect Your Wealth!, August 26, 2008

By	Jeremy Isaac "Internet Marketer" (Chandler, AZ USA) - See all my reviews (REAL NAME)

If you don't know why gold and silver are a good investment "Guide to Investing in Gold and Silver" will tell you why they are. Simple to read full of facts about money and currency and history of money and currency. It breaks down complicated economics into fun easy reading. This book gives you the do's and don'ts of investing in precious metals and a clear understanding of why now is the time to invest in gold and silver. If you want to protect your wealth from inflation or build your wealth through gold and silver this book is a must read. A great addition to the Rich Dad library of books!