Buy Gold Now is about a compelling investment opportunity in our overextended financial world. As a result of American consumerism and an ever-growing federal deficit, the value of the American dollar is increasingly at risk. Although the current risk in financial markets has created a need for protection in gold, no major investment house today recommends owning it (given its stigma as a silly investment from pre-information age times). Author Shayne McGuire argues that the opportunity to profit in gold (and protect oneself from risk) has never been higher. Chapter topics will include: why to invest in gold; gold and silver valuation; best ways to invest in bullion; pre-1933 gold and silver; specific coin recommendations; extremely rare coins; stock market investment via mining stocks; and ETFs in gold and silver. Anecdotes from some of the world’s leading financial professionals will be included throughout the text.
Book Details:
- Author: S. McGuire
- ISBN: 9780470185889
- Year Published: 2008
- Pages: 240
- BISAC: BUS014020, BUSINESS & ECONOMICS/Investments & Securities / Commodities / Metals
About the Book and Topic:
Buy Gold Now is about a compelling investment opportunity in our overextended financial world. As a result of American consumerism and an ever-growing federal deficit, the value of the American dollar is increasingly at risk. Although the current risk in financial markets has created a need for protection in gold, no major investment house today recommends owning it (given its stigma as a silly investment from pre-information age times). Author Shayne McGuire argues that the opportunity to profit in gold (and protect oneself from risk) has never been higher. Chapter topics will include: why to invest in gold; gold and silver valuation; best ways to invest in bullion; pre-1933 gold and silver; specific coin recommendations; extremely rare coins; stock market investment via mining stocks; and ETFs in gold and silver. Anecdotes from some of the world’s leading financial professionals will be included throughout the text.
For more than six thousand years of human civilization, gold has been an unquestioned store of value above all others. It is, as Peter Bernstein calls it, “the ultimate certainty and escape from risk.” Yet in the last thirty years, gold has ceased to be regarded as money, as savings to be set aside for times of trouble. In an era when global debt is growing three times faster than the economy itself; the volume of derivatives traded each quarter has tripled in the last ten years; and the biggest real estate boom the world has ever known is coming to an end; some investors, mostly of an older generation, have begun to look toward gold. Considering the outlandish explosion of dollars in circulation in recent decades, returning to a gold standard would require that gold reach at least $41,000 an ounce. Gold is really that scarce, and our paper currency is really that abundant. Most of us have come to see gold as a mere commodity – McGuire encourages readers to recover from this “brief delusion” and recognize its true value.
SUPPORT FROM AUSTIN RARE COINS: Austin Rare Coins is one of the nation’s biggest gold dealers. Its database has over 81,000 clients and generates over $25 million in annual sales. Its precious metals websites are among the most visited on the internet (the Gold Information Network has had over 5.5 million visitors in the last year). Austin Rare Coins will promote the book as a stand-alone product and use it as a free marketing tool that will be offered in serious precious metals inquiries. EXCELLENT AUTHOR: McGuire runs one of the nations largest pension funds and has been rated as one of the worlds top analysts by Institutional Investor. HOT TOPIC: Golds run continues. McGuire shows readers why gold isnt just a defensive purchase, but one that can outperform the market for many years.
About the Author
Shayne McGuire (Austin, TX) manages a $2.5 billion global stock portfolio for Teacher Retirement System of Texas, the fifth largest pension fund in the United States. With 15 years of experience in global finance, Mr. McGuire began his career in pre-NAFTA Latin America, where he worked as a senior analyst at Barings, then the world’s leading emerging markets broker, followed by Deutsche Bank. Recognized as one of the top Latin American analysts in the 1990s, McGuire was ranked number 2 analyst in two different investment sectors by Institutional Investor. An avid gold and silver investor, he is also a gold specialist at Austin Rare Coins. Having worked as a journalist, McGuire maintains extensive media contacts with writers at The New York Times, The Wall Street Journal, Financial Times, The Economist and others. He has been used as a financial source over the years by financial writers, some of whom have discussed his proposed book, and he will use these contacts to promote it.