Paul Mladjenovic - Investing in Gold & Silver For Dummies

Investing in Gold & Silver For Dummies

Published by: John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774, www.wiley.com

Copyright 2021 by John Wiley & Sons, Inc., Hoboken, New Jersey

Published simultaneously in Canada

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Library of Congress Control Number: 2020948676

ISBN 978-1-119-72399-8 (pbk); 978-1-119-72398-1 ISBN (ebk); ISBN 978-1-119-72404-9 (ebk)

1. Chapter 4
2. Chapter 5
3. Chapter 6
4. Chapter 8
5. Chapter 9
6. Chapter 10
7. Chapter 12
8. Chapter 13
9. Chapter 14
10. Chapter 17
11. Chapter 22

1. Chapter 1
2. Chapter 5
3. Chapter 6
4. Chapter 9
5. Chapter 10
6. Chapter 11
7. Chapter 12
8. Chapter 15

The world economy and financial markets were hit with shock waves in 2020 that had lasting impacts and opened the door to many issues, challenges, and problems that were all facing now. One of the changes is that this profound year catapulted the prospects of gold and silver. Both have embarked on what is possibly their greatest bull market. This means historic potential gains for those who are positioned for them hopefully, you, my reader! The public may catch on, but usually, theyre late. As you read this book, you have the chance to profit before the crowds come and witness the tail end of what is coming now.

During 20192020, I told my clients and students that precious metals are (and will be) a necessary part of a healthy and growing investment portfolio. I dont tell people that gold and silver are great considerations because Im the author of this book; I wrote this book because I thought that 20202022 would be a great time for those two timeless metals. The time is now, and the place to be is in gold and silver (and investments related to them such as stocks, exchange-traded funds, and other vehicles).

Investing in Gold and Silver For Dummies comes at the right time and place for both me and you. As I write this, during the opening rounds of what may become a great bull market (cool!), theres plenty of information to share with you on these enduring metals that have been a store of value for thousands of years yet still are as fresh and as vital as todays varied events and headlines.

Nearly anything (or almost everything) a beginner or intermediate investor needs to know about gold and silver is inside this book. At the very least, I also include those analysts and experts who I think know more than I do so that you have what you need at your fingertips (or your screen) to make knowledgeable decisions with gold and silver. As with all For Dummies guides, you wont have to read this book from start to finish like so many other books. If the only thing youre interested in is how to buy gold or what you need to know about investing in silver, the information is here, easily found, and ready to be read and comprehended in minutes.

A quick note: Sidebars (shaded boxes of text) dig into the details of a given topic, but they arent crucial to understanding it. Feel free to read them or skip them. You can pass over the text accompanied by the Technical Stuff icon, too. The text marked with this icon gives some interesting but nonessential information about investing in gold and silver.

One last thing: Within this book, you may note that some web addresses break across two lines of text. If youre reading this book in print and want to visit one of these web pages, simply key in the web address exactly as its noted in the text, pretending as though the line break doesnt exist. If youre reading this as an e-book, youve got it easy just click the web address to be taken directly to the web page.

Dear reader, I make a few assumptions about you. No, youre not a dummy, but you want more information on the topic of investing in gold and silver. You have some very basic knowledge about investing, and you understand that diversification means considering investments beyond merely stocks or bonds. You also understand that inflation and other pressing financial concerns and risks are problems of modern life and that investing in gold and silver as a diversifying strategy is a good consideration for both long-term investors and speculators in the turbulent and uncertain 20202022 period.

I include some handy icons that you may notice in the margin of this book. They point you to certain types of information, so be sure you know which is which.