Liberty Maven

Drop everything you are reading right now and buy this book. That is if you aren’t already a seasoned precious metals investor. In plain language Mike Maloney’s “Rich Dad’s Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future” explains why now is the time to invest in gold and especially silver. Put simply, it is the perfect introduction to anyone interested in precious metals investing.

Maloney dispenses with the big words and typical econo-speak in this book. He gives historical evidence that fiat currencies always end up going to zero. The U.S. dollar is a fiat currency. It will cycle up and down and eventually collapse. Maloney describes the current economic situation and why silver and gold should encompass a large portion of your investment portfolio.

The book traces through the past, present, and future potential for gold and silver to produce returns like never before. His simple and persuasive arguments are backed by statistics adjusted for inflation. It is a quick read at 240 pages. Maloney writes:

History always repeats itself. When a civilization debases its currency supply, all that currency will once again come chasing that same tiny little pile of metal, and gold and silver  will revalue themselves measured in those currencies. This will happen to the United States, just as it did to every empire in history. Those who recognize this stand to become wealthy beyond belief.

Maloney even does some prognosticating of his own. Before the book was completed the Bear Stearns fiasco that started the string of bailouts occurred. In the book Maloney says:

Bear Stearns is only the beginning. Bailouts like these will get bigger and become more frequent, thus causing the currency supply to expand, and thereby lowering the value of your hard-earned cash.

His prediction has already come to pass just a few months later. It is this kind of wisdom that is riddled throughout his work. He even quotes Ron Paul as one of his hero’s along with Peter Schiff. He delves into the manipulation of the gold market, how to avoid scams when buying precious metals, and other indispensable topics.

As a novice investor in precious metals myself I found this book a truly fantastic and compelling read.

Watch Mike Maloney interview Ron Paul back in June 2007 here.

Check out his website Goldsilver.com

Then, purchase his excellent book, “Rich Dad’s Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future” right now.