1.

Record Nr.

UNINA9910827756503321

Autore

McGuire Shayne <1966->

Titolo

Buy gold now [[electronic resource] ] : how a real estate bust, our bulging national debt, and the languishing dollar will push gold to record highs / / Shayne McGuire

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, c2008

ISBN

9786611217556

Descrizione fisica

1 online resource (238 p.)

Disciplina

332.63/28

Soggetti

Gold

Investments - United States

Monetary policy - United States

Balance of payments - United States

United States Economic conditions 2001-2009

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 199-215) and index.

Nota di contenuto

Our debt: American financial risk has never been higher -- The 65-trillion-dollar wind blowing from our futures -- How can families really be getting richer by borrowing more? -- Why the world continues lending (most of its savings) to us -- Relying on foreigners: our economic future may be out of our hands -- Our homes: the epicenter of American economic risk -- Real estate, this decade's economic driver, could drive us into recession -- The negative amortization mortgage loan is born -- Tighter lending standards and no help from the fed -- The great American equity cash-out is coming to an end -- Financial culture shock: real estate investment can have a negative return -- Our economy: the longest economic boom ever is probably ending -- Balance sheet recession: we could be heading in a Japanese direction -- Smiling on the lawnmower: affluent poverty -- When the fed cuts rates again, will the dollar finally collapse? -- The case for owning gold -- Why the time is right for gold to skyrocket -- Stocks and bonds offer little compensation for risk today -- Gold's scarcity: new sources of demand and falling supply -- How to buy gold -- When you simply want financial insurance -- Mining stocks, ETFs and



goldmoney -- Rare coins: a bet on the highest possible gains in gold -- Why silver might outperform gold -- Conclusion: don't be a gold bug: sell when it is time to sell.

Sommario/riassunto

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.