Rich Dad’s Advisors Guide

Rich Dad's Advisors: Guide To Investing In Gold & Silver - Protect Your Financial Future

Buying gold Sovereigns as part of a gold investment seems daunting, especially to the novice investor. Helping to make the whole process easier to understand is The Advanced Guide to Investing in Gold and Silver, Protecting Your Financial Future, part of Robert Kiyosaki's "Rich Dad's Advisors" series of books. It is written by Mike Maloney, a precious metals investor and advisor who is widely regarded as an expert on economic cycles. Mr. Maloney has spent the last ten years educating the public both on economic history and helping them achieve basic financial literacy. Mr. Maloney gives his readers fundamental advice on how to avoid the middleman and make their investments directly.  

Before he lays out the basic how-to of when, where and how to invest your money, regardless of the state of the economy, Mr. Maloney gives us an economic history lesson. He illustrates the role of economic cycles in making precious metals, and in particular gold and silver, the ultimate monetary standard. The history and role of the Federal Reserve in our economy is explored. The book looks at the impact taking our currency off the gold standard had, making the US dollar a fiat currency. The dollar, while the legal tender of the government, no longer had any intrinsic value. As fiat money is based on the authority of the issuer, and not any reserves, this allows the Federal Reserve to print money in unlimited amounts. It is a sobering thought that every single fiat currency that has ever existed has ultimately failed! When the fiat currency loses value people always end up returning to precious metals, in a predictable cycle. By understanding the correct way to invest in each phase of a cycle, an investor can build true, lasting wealth. This book shows how gold and silver are some of the most profitable, easiest, and safest investments you can make.

  Gold and silver, in contrast to fiat currency, have intrinsic value yet their value fluctuates depending on the actions of the Federal Reserve. As Mr. Maloney explains, when the Federal Reserve prints more dollars, the cost to purchase gold as rises as well. There also is a helpful explanation on the differences between gold and silver as investments. With its intrinsic value, silver is a safe investment too, but the price of silver is more volatile than gold. This volatility, however, gives silver the potential to be even more profitable than gold but does add more risk.

There are many reasons to invest in gold sovereigns and silver bullion and Mr. Maloney provides us with the advantages. With their intrinsic value, the purchasing power of gold and silver will never fall to zero. Both do well in inflation or deflation. Unlike other investments, gold and silver transactions are completely private and independent. There is no need for third party involvement such as a bank payout, title transfer or expert appraisal. Gold sovereigns and silver are therefore completely owned, and controlled, by the investor.

Based on his theory of economic cycles, Mr. Maloney makes a convincing case that the United States Dollar will, in the not too distant future, begin a precipitous decline. This decline will prompt many thousands of people to begin buying gold and silver as a way to protect their wealth, driving the price of gold, silver and other precious metals up. To capitalize on this future, this book shows that the time to buy gold sovereigns and silver is now and will help you do it.

This book is aimed more at the American investor, however gold sovereigns and silver bullion have a global market so this doesn't really matter, as long as you take into account, when he talks about the economy he will be talking about the Fed etc. It is also true that whatever happens to the American dollar directly effects the world gold price.

Rich Dads Advisors Investing in Gold and Silver Every
Rich Dads Advisors Investing in Gold and Silver Every
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Rich Dads Advisors Guide to Investing in Gold Silver
Rich Dads Advisors Guide to Investing in Gold Silver
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