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.