In searching for books about gold and gold-related stocks, it has become increasingly difficult to find a contrarian view of gold, that is an assessment that gold will become bearish. The book barometer says gold is going higher, much higher. One book recently released by John Wiley and Sons almost shouts advice.
Buy Gold Now!
Buy Gold Now: How a Real Estate Bust, Our Bulging National Debt, and the Languishing Dollar Will Push Gold to Record Highs by Shane McGuire touts buying gold: lots of it.
Here is what the publisher says about this book:
Masterfully researched, and written in a straightforward style, "Buy Gold Now" makes a case for buying gold as protection against the rising risks of an unprecedented global currency crisis and as a profitable investment vehicle. Divided into five comprehensive parts, this reliable resource examines our country's current financial situation from a historical perspective and addresses some of the alarming issues that many economists are currently pointing to with concern.
Another bullish book on gold is called The Collapse of the Dollar and How to Profit from It: Make a Fortune by Investing in Gold and Other Hard Assets by James Turk and John A. Rubino. Another strong argument of the case of a weak dollar and strong gold.
And then there is a rather expensive book (cover price is 34.95 for the paperback and I won't scare you with the hardcover price) called A Hundred Thousand Dollars in Gold: How to Make It George P. Burnham. I suppose if you are going to make $100,000 profit by taking this book's advice, you can afford $34.95 plus shipping plus tax. The book is about, well, you get the idea. "Buy gold." "Sell the dollar."Books are great barometer of what is going on in the world. It can also be viewed as a contrarian viewpoint of what will not happen. If you believe in that viewpoint, and I do subscribe to it, then sell gold and buy the dollar. And stay away from commodities too. Reading on Walden Bookstore.
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