$10,000 Gold: Why Gold's Inevitable Rise Is the Investor's Safe Haven
Despite the surge in financial risk during what has become the Great Recession, gold—despite its 11-year rise against all major currencies and equity classes—inexplicably continues to be virtually absent in the largest investment portfolios, most notably those of global pension funds and insurance companies, which harbor trillions of dollars' worth of the world's assets. For the individual investor, the benefits of owning gold are substantial, yet gold continues to be misunderstood.$10,000 Goldexplodes the myths and offers the reader a course of action.$10,000 Goldtakes a unique approach to the subject of gold as money. It shows the reader why gold will continue climbing to $10,000 an ounce and beyond, and proves the case by applying the same principles and wide-spectrum analysis that investors would undertake in any investment due diligence.$10,000 Goldpredicts that the well-established rules of value finance will eventually regain prominence as the debt-based thinking of the present day runs its course. The book looks at the world through a lens or vantage point of the gold mindset—the creation of a standard for evaluating all financial transactions based on the intrinsic value that gold possesses. The author, Nick Barisheff, encourages his readers to "think in terms of ounces not dollars," much like our grandparents did when their gold-backed dollars were a stable store of value.The book, like its subject—gold—presents unmistakably stark truths. Over the last half century, we have passed through successive stages of unbridled growth, financial exuberance, speculation and unchecked fraud that preceded the hardship of a stubborn recession. Clearly, we can no longer depend on governments or the integrity of our leaders to look after us. We alone must be responsible for our own financial well-being and the liberation that an understanding of owning gold delivers.Ultimately,$10,000 Goldoffers a positive message at a time when readers are being inundated with all manner of articles, blogs and documentaries that seek mainly to point blame at Wall Street/Washington corruption. At this stage in the fiat money cycle, such messages cause frustration and often reinforce the impotence of the individual. Nick Barisheff seeks to remind his readers that they as individuals can have a positive financial future no matter what governments, Wall Street or foreign powers do. The case for owning gold has never been stronger, as the policies of some central banks are demonstrating.$10,000 Goldwill give you new insight and welcome relief in a time of financial turmoil.