John Jagerson - All About Investing In Gold

All About INVESTING IN GOLD

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THE EASY WAY TO GET STARTED

JOHN JAGERSON
S. WADE HANSEN

Copyright 2011 by The McGraw-Hill Companies, Inc. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

ISBN: 978-0-07-176835-1
MHID: 0-07-176835-1

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This book is dedicated to Wendi, Heather, and Lancethanks for all your help. We would also like to thank Morgan Ertel and the production team at McGraw-Hill for giving us the opportunity and such excellent support. Finally, thanks to A.A. and B.F.B for being so steadfast and firm in your encouragement.

John Jagerson

To my fabulous wife and three wonderful boys.

S. Wade Hansen

Chapter 1
Gold Market Background

Chapter 2
The Major Players

Chapter 3
The Fundamentals of the Gold Market

Chapter 4
The Bad and the Worst Gold Products

Chapter 5
The Good Gold Products

Chapter 6
Technical Analysis

Chapter 7
Long-Term Investing

Chapter 8
Active Trading Strategies

Chapter 9
Golds Sister Market: Silver

All About
INVESTING IN GOLD

Gold trading and investing has become much easier and cheaper, and that is good news for long-term investors and short-term traders who are looking for more opportunities and diversification. It has been the best performing major asset class over the last five years, returning more than 200 percent on an unleveraged basis, and that trend seems likely to continue for the next five years. Gold traders have unprecedented access to investment products that are both cheap and efficient. It is now possible to invest in gold bullion for fees as low as 0.25 percent per year. Many of these products are new innovations; that is not a bad thing, but it does require caution and education before one makes an investment.

The introduction and growing popularity of gold exchange-traded funds (ETFs), fractional gold futures contracts, and legitimate bullion storage services are quickly displacing the outrageously expensive and unstable products that traditionally dominated the gold market. Demand for gold as an investment is growing within markets as diverse as the United States, where investors are seeking protection from financial market disruptions, and China, where gold Chinese buying accounted for 16 percent of total global demand for gold in that quarter. We can only imagine what will happen when the worlds biggest saver decides to really get serious about gold investing.