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by Aaron Brachfeld (Author)
From the prehistoric origins of jewelry and coinage to modern ETFs and mutual funds, this book bridges history and financial planning to explain, in plain language and easy-to-follow instructions, the economic theories and principles behind both time-tested and cutting-edge strategies for trading and investment.
Gold is a paradox-capable of powering organized crime's shadow economies or being weaponized against tyrants and dictators to strengthen global democracy. The same gold that graces the altars of the world's religions or lies hidden in coin collections can uplift communities from poverty or trap them in cycles of debt. There's no real difference between the gold chains of American rap stars and the gold reserves of central banks in Keynesian and Marxist economies. By understanding gold's role throughout history as a universal currency-and the recent efforts to limit its use in America and India-you'll gain critical insights on how to prosper from your gold, make meaningful contributions to your community, and even help change the world! CONTENTS:Why Gold Retains Its Relative Spending Power
Before Gold: Invention of Currency as a Measure of Value
The Origins of Barter
Intrinsic Worth vs. Relative Value
Limitations of Barter and the Currency Revolution
Currency as a Measure of Value - Worth Creates Value
Measuring Worth and Value
Value and Worth Can and Do Change
Ricardian Economics
Ricardian Currency
DID YOU KNOW? Gold Prices in 550 B.C. Were Affected by Technology
Why To Buy Gold - and Why Not To
Advantage: Protection Against Inflation and Currency Collapse
Disadvantage: No Opportunity for Deflation or Appreciation
Why Not To Buy Gold
Gold is a Poor Long Term Investment
So...Why Buy Gold?
Protection Against Inflation
Security of savings
International Trade
Where to Buy and Sell Gold - and Where Not To
Where Not To Buy and Sell Gold
Taxation on Collectibles
Pawn Shops
Coin Dealers
Auction
Gold Mines
Where to Buy and Sell Gold
Mutual Funds, ETFs and Cooperative Banking
ETFs vs. Mutual Funds and Cooperative Banks
Practical Uses for Gold in Investing and Financial Planning: A How-To
Using Gold, Generally
Using Gold in HSA's, 529's and Emergency Savings
Using Gold in IRA's
Gold as a Substitute for CD Ladder
Gold Jewelry and Medicaid Liens and Inheritance Taxes
Practical Strategies for Trading in Gold
Theory of Gold Trading
Strategies for Capitalizing Short Term Volatility
The Relative Strength Index (RSI)
Converting Gold to Bonds or Stocks or Other Commodities
The Role of Gold in a Modern Developed Economy
Other Precious Metals and Commodities: Not All That Glitters is Gold 55
Silver
Platinum
Copper and Iron
Agricultural Commodities
Currencies and Cryptocurrencies
Conclusion: a Golden Rule 66
Gold's Endurance Against Existential Threats by Fiat Currency
Gold as a Foundation of Market Freedom
Gold in a Marxist Economy
Gold in Post-Marxist and Keynesian Economics
A Golden Opportunity
