Maloney - Guide to investing in gold & silver: protect your financial future

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This publication is designed to provide competent and reliable information regarding the subject matter covered. However, it is sold with the understanding that the author and publisher are not engaged in rendering legal, financial, or other professional advice. Laws and practices often vary from state to state and country to country and if legal or other expert assistance is required, the services of a professional should be sought. The author and publisher specifically disclaim any liability that is incurred from the use or application of the contents of this book.

Copyright 2015 by Wealth Cycles, LLC. All rights reserved. Except as permitted under the U.S. Copyright Act of 1976, no part of this publication may be reproduced, distributed, or transmitted in any form or by any means or stored in a database or retrieval system, without the prior written permission of the publisher.

Published by RDA Press. Wealth Cycles, LLC is an imprint of RDA Press

RDA Press LLC

15170 N. Hayden Road

Scottsdale, Arizona 85260

480-998-5400

Visit our website: RDAPRESS.COM

First Edition: May 2015

ISBN: 978-1-937832-75-9

05/2015

This publication is designed to provide general information regarding the subject matter covered. However, laws and practices often vary from state to state and are subject to change. Because each factual situation is different, specific advice should be tailored to the particular circumstances. For this reason, the reader is advised to consult with his or her own advisor regarding that individuals specific situation.

The author has taken reasonable precautions in the preparation of this book and believes the facts presented in the book are accurate as of the date it was written. However, neither the author nor the publisher assume any responsibility for any errors or omissions. The author and publisher specifically disclaim any liability resulting from the use or application of the information contained in this book, and the information is not intended to serve as legal advice related to individual situations.

For my father

Jerry Maloney

1923-1986

who instilled in me, the entrepreneurial spirit.

And for my mother

Mae Maloney

who is always supportive of my dreams.

To

Robert & Kim Kiyosaki

Thank you for giving me the opportunity to write this book.

To

Brent Harmes and Dan Rubock

Thank you Brent for being my businesses partner.

Thank you Dan for your brilliant productions.

And thank you both for being my best friends.

Life without you would not be as good.

If you intend purchasing precious metals before finishing this book; please skip to Part 4, How to Invest in Precious Metals.

Table of Contents

Contents

My greatest wish for you is that this book changes your life by changing your outlook, and in turn brings you prosperity in the tough times ahead.

Many of the predictions I made in this book have already come to pass. The stock market crash of 2008, the bursting of the real estate bubble, the tsunami of foreclosures, Mortgage Backed Securities causing the financial crisis to be transmitted around the world instantly, and Ben Bernankes overreaction to the threat of deflation with massive currency creation. And I believe its only a matter of time before the rest of my predictions come true.

For this printing I have chosen to leave the original contents of this book pretty much untouched. I have, however, added notations marked 2015 Update here and there. Even though this book was originally published just before the global economic crisis of 2008, it is even more pertinent today, because nothing has been fixed. In fact, all the underlying fundamentals that caused the meltdown of `08 have only been magnified by the actions of the worlds central banks. The bailouts, currency creation, market manipulation, derivatives expansion, and growth of the too big to fail banks only guarantee that the next crisis will be of a far greater magnitude.

As I have said many times before, This is the greatest wealth transfer in history, therefore its the greatest opportunity in history. Yes, the threat has never been bigger, but that means that the opportunity has never been bigger. The forces that threaten the world monetary system are the same forces that will propel gold and silver to unimaginable heights. The good news is that by buying this book you have demonstrated the intent to turn these forces to your advantage and transform this crisis into your opportunity. As my video producer/media director, Dan Rubock, from Australia says Good on you mate.

This book was originally published as part of Robert Kiyosakis Rich Dads Advisor series of books, and quickly became the best selling book on precious metals investing of this century, and perhaps all time. Translated into eleven languages and available worldwide, it is the result of six years of research and 2-1/2 years of writing. It is the culmination of two books, which were distilled, condensed, and edited down to one, losing 23 chapters and over 1000 pages in the process. If you enjoy this book and want to learn more please visit my educational website, WealthCycles.com, where you can find many of the missing chapters.

When you read the book or visit my website you will see that I am a cycles-investor (youll learn more about that later in the book) and I believe that we are in the portion of the economic cycle where gold and silver will prove to be some of the best performing assets of our time, so the vast majority of my personal wealth is invested in precious metals. In 2002 I discovered that gold was severely undervalued and started buying shortly after it broke the $300 barrier. By April of the following year I discovered how undervalued silver was compared to gold and started buying silver while it was still under $5, and I have been buying ever since. In 2005 I started an online precious metals dealership, GoldSilver.com, and in 2008 published this book. I believe in these economic waves and cycles so strongly that I wrapped my entire life around them, and thus have bet my financial future on them. But my point is that, yes, I am a precious metals dealer, but I was a precious metals investor first.

The big question that is not answered in this book is when to sell. In chapter 7 youll learn the difference between price (how many dollars something is worth) and value (how much other stuff something is worth). My strategy for determining when to sell is based on measuring gold and silvers value, for more than a century, against real estate, stocks, bonds, oil and a whole host of other investment classes. One day gold and silver will go into a bubble and I want to make sure I ride this bull market all the way to the top. At my educational website, WealthCycles.com, you can learn how to measure this for yourself. Or, if you prefer, you can sign up for my Insiders program where well do it for you. Youll also learn my exit strategy and which asset class I will be investing in when I sell my metals.