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Rating:  Summary: Could be better Review: I purchased this book mainly because of it's high Amazon feedback rating. However, I was a little dissapointed. Although Starchild covers some good background history of precious metals, I felt his analysis was a little shallow. First, Starchild's argument that precious metals are a deflation hedge is controversial. Government's fixation of gold prices during the deflationary 1930's supported gold prices. Second, Starchild makes strong statements such as that silver prices can't go lower because they are already so low. Well just because something appears cheap does not mean it can't get any cheaper. We learned that during the tech stock meltdown. Lastly, Starchild has absolutely nothing negative to say about the subject. Everything is positive. There is no section covering pitfalls of owning or purchasing precious metals. I believe the volatility in precious metals make ownership of precious metals riskier than most investments and an assessment of risk needs to be addressed. Overall I felt this book did not a give a critical analysis on precious metals.
Rating:  Summary: Why should you read Adam Starchild's important new book? Review: Several powerful reasons exist today that completely change the old way of thinking about gold (and other precious metals). 1. The crisis in Asia clearly shows the ultimate outcome of credit expansion. The U.S. economy lives and breathes on low interest rates, easy credit and loose money. Mortgage refinancing, consumer credit, margin debt, leveraging, and credit cards heat up the economy and encourage speculation and overconsumption. 2. Shocking structural changes in the foundations of the U.S. economy have enhanced the need for gold. Low savings, low investment, excessive leverage, disastrous liquidity trends, trade deficits, high speculation and astronomical public and private debt are a vew of these revolutionary changes. 3. Mainstream financial advisors and economists scorn gold to the extent it has become the premier contrary opinion investment of all time. In the debt- and deficit-ridden countries such as the U.S. and Canada, many people commit their funds exclusively to stocks and neglect hedging with gold.
Rating:  Summary: Please do yourself a favor, don't buy this book! Review: Upon closer inspection, I believe the reviews were rigged. The feedbacks look awful suspicious. Note that no positive reviews have have an identity, it just says "a reader". Secondly, the reviews have almost nothing to do with the contents of the book itself. The reviews are most likely an "advertising" ploy. Third, is the unusually high, "so and so found the review helpful" ratings. If you see my other review, you can see it is a bit more objective than the other reviews. I should have given a lower rating. I can't believe I was tricked into buying this book!
Rating:  Summary: Please do yourself a favor, don't buy this book! Review: Upon closer inspection, I believe the reviews were rigged. The feedbacks look awful suspicious. Note that no positive reviews have have an identity, it just says "a reader". Secondly, the reviews have almost nothing to do with the contents of the book itself. The reviews are most likely an "advertising" ploy. Third, is the unusually high, "so and so found the review helpful" ratings. If you see my other review, you can see it is a bit more objective than the other reviews. I should have given a lower rating. I can't believe I was tricked into buying this book!
Rating:  Summary: Did somebody say gold? Review: Well, what have we here? In the last 2 weeks, gold has been in the news more than Alan Greenspan! Although analysts can't pinpoint any single reason for the most recent surge, which has driven the price of gold to an 11-month high, there are a number of things that appear to be contributing factors: (1) The Royal Bank of Canada Dominion Securities Gold Analyst raised the estimate for the spot price of gold from $275 to $300. (2) There seems to be a short squeeze caused by a story that a large Australian mining company may declare bankruptcy. The company in question has profitable gold hedge positions in place and may be buying the contracts back right now! (3) The series of cuts in U.S. interest rates this year has prompted worries about a revival of inflation (which historically drives the demand of gold). (4) Distrust of the equity markets. I found this book to be very helpful in understanding the historical context, and then in learning how to use gold as an asset allocation tool to help diversify and protect my stock portfolio, but best of all was the direct practical advice on how, who and where to go to get things done in making gold investments economically.
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