SILVER BONANZA: How to profit from the coming bull market in silver
Silver, the "poor man's gold," is a unique commodity. It is the most important metal in monetary history, and it also has hundreds of industrial applications. Blanchard, cofounder of the Blanchard Mutual Fund Group and editor-in-chief of the Gold Newsletter, argues for a bull market in silver based on dwindling reserves, exploding Asian demand, and a spreading distrust of fiat money. He describes the pros and cons of different silver investments (actual silver, mining stocks, silver options, and futures) and includes a brief summary of technical analysis. To his discredit, Blanchard barely mentions the Hunt brothers' infamous 1980 attempt to corner the market. He does, however, warn readers of several "silver swindles." Much of his case for silver relies on assumptions extrapolations, and other leaps of faith. Still, precious metals have received precious little attention in the last ten years, unlike stocks and mutual funds. Public libraries should buy this book to balance their finance collections.?Robert Kruthoffer, Lane P.L., Hamilton, OhioCopyright 1995 Reed Business Information, Inc.