Investing in Gold: The Essential Safe Haven Investment for Every Portfolio
Step 1. Download Adobe Digital Editions Both PC and Mac users will need to download Adobe Digital Editions to access their eBook. You can download Adobe Digital Editions at Adobe's website here.
Step 2. Register an Adobe ID if you do not already have one. (This step is optional, but allows you to open the file on multiple devices) Visit account.Adobe.com to register your Adobe account.
Step 3: Authorize Adobe Digital Editions using your Adobe ID. In Adobe Digital Editions, go to the Help menu. Choose “Authorize Computer.”
Step 4: Open your file with Adobe Digital Editions. Once you’ve linked your Adobe Digital Editions with your Adobe ID, you should be able to access your eBook on any device which supports Adobe Digital Editions and is authorized with your ID. If your eBook does not open in Adobe Digital Editions upon download, please contact customer service
1. How the gold market operates (quick run through)
2. Mining
3. Refiners
4. Official sector gold holdings
5. "Bullion" banks
6. Gold Exchanges
7. ETFs
8. Is gold relevant?
9. Why is gold at record highs in 2008?
10. The outlook for gold
11. Gold trading for investors
12. Frequently Asked Questions
Glossary
Can you afford not to buy gold?
As many investors know, gold is a “safe-haven” asset that can actually increase in value during stock market slides and times of recession. But what else do you really know about this commodity? Are you taking full advantage of it? Do you know how to work it into your overall investment strategy?
This detailed tutorial provides you with a comprehensive understanding of gold, from mine to market. Jonathan Spall, a 25-year veteran of the metals market, explains everything you'll need to know for making gold a profitable part of your investment strategy. Investing in Gold gives you an inside look at how the precious metal is mined, refined, traded, and priced, along with valuable insight into gold's unique position in the marketplace. Spall explores such topics as:
- Simple and complex gold trading processes
- The pivotal role central banks play in the gold market
- Gold exchange traded funds (ETFs)
- How spot gold is traded
- Why gold mining companies have traditionally hedged and why they no longer do so
- Strategies for investing in the retail market
Spall provides an extensive glossary of terms you'll need to know, and he debunks various myths regarding this market, including the Fed's supposed scheme to keep gold prices artificially low during the 1990s.
The effects of global economic growth, the weakened dollar, the credit crunch, and the recent creation of enormous funds each affect the gold market; put them together and they add up to potential profits gold investors have never before dreamed of.
Gold is a surprisingly small market. When you learn how to navigate it, the potential for excellent rewards becomes evident.