Book description
How do TV shows, vending machines, Chinese taxi companies, and a
former UK prime minister point to a gold bubble that is about to burst?
Many investors consider gold a "safe haven" that will
shelter them from recessions, falling markets, and the depreciating
value of currency. Many fail to realize, however, that investing in
gold at these levels is extremely risky. "We Buy Gold"
stores line busy streets, gold miners are no longer protecting
themselves from a potential drop in prices, and gold is even being
sold in vending machines. All this points to one thing: a gold bubble
has formed and will collapse very soon, hurting investors, funds, and
banks. In Gold Bubble: Profiting From Gold's Impending
Collapse, Yoni Jacobs looks at how you can protect yourself.
Presenting an in-depth analysis of gold dating back over a hundred
years, the book explores the structural factors that have allowed gold
to form a bubble, why an investor psychology of fear and greed is
leading to extremely speculative behavior, why gold will fall during
an upcoming recession, what effect the dollar and the stock market
will have on the future of gold prices, and how to profit from a gold
collapse while the majority of investors lose out.
- There are plenty of warning signs that gold is about to decline
and this book will help you to get ready
-
Gold Bubble is the only book to argue that a gold bust is
coming, going head-to-head with the herd mentality
- Filled with practical advice on how to protect yourself and even
profit from gold's collapse by being prepared for what's ahead
With gold prices up over 2,500 percent since 1970, and more than 600
percent since 1999, a bubble has formed and is on the verge of
bursting. But until now, no one has been willing to publicly bet
against the universal currency. With Gold Bubble you are ready
to meet this challenge head on, and take advantage of what other
investors won't even acknowledge.
Yoni Jacobs, CMT, is Executive Director and Chief Investment
Strategist for Chart Prophet LLC, an investment management company
that utilizes its Perspective Outlook to make investment decisions
based on a comprehensive mix of technical, fundamental, and behavioral
analysis. A contributing author and Opinion Leader for Seeking
Alpha, Jacobs has appeared on the Business News Network (BNN),
CNN, and ABC News, and has been featured or quoted in Reuters, the
Globe and Mail, the Financial Post, CBS
MoneyWatch, and many other media outlets.
