Physical Gold: The Wealth Preserver to Help You 'Weather' the Coming Global Hurricane

By Oscar Heath

Throughout this book, I try to point out different investment strategies that I think will lead to prosperity.

Given current global conditions, what is the best way to preserve and grow wealth?

I argue the answer to this question is: physical silver and gold, both coins and bars. My emphasis is especially on gold for reasons I will explain throughout this book.

• Language: English
• Publisher: Oscar Heath
• Release date: Oct 7, 2011
• ISBN: 9781466165601

Book preview

Physical Gold: The Wealth Preserver to Help You 'Weather' the Coming Global Hurricane

Oscar Heath

Copyright 2011 by Oscar Heath

Smashwords Edition

Disclaimer

Throughout this book, I try to point out different investment strategies that I think will lead to prosperity. I’m not telling you to buy these things. These are only suggestions based on my understanding. Even my recommendations are simply opinions and if followed I am not responsible for the results, positive and negative. You bear total responsibility for what you do with this information.

Read about gold, silver, the economy and the larger world. The more knowledge you have, the better prepared you will be to make good personal investment decisions for yourself.

I recommend that you seek professional investment advice before making any investment decisions. The years of experience that a good financial adviser has can help you understand things and make the best decisions. J R Trading Partners Ltd, www.BullionUK.com, and I cannot be held responsible for any decisions that you make based on the information in this book.

About Me & My Analytic Methods

As a researcher and investor I seek to learn and to teach myself and others. I especially study the global economy, currencies, and gold, but I also research geopolitics, technology, the sciences, and psychology, among other things. I have taught myself many things using this most wondrous resource: the Internet.

Combining my analytic and intuitive sides, my ability to speed read, a natural bent for critical thinking, I am someone who finds true joy in thoughtful analysis and understanding the bigger picture. Each small glimpse of this unwinding and expanding mystery of life is a vision of beauty to me.

The economy is no exception.

I have repeatedly honed my observations by observing stock markets, analyses, and news reports coming out from the markets and beyond. As a result of what I’ve noticed, I began buying physical silver and gold back in 2008 after doing lots of reading and research, and haven’t looked back since.

Combined with a concern for the human condition, I attempt holistic interpretations of usually myopic systems like the economy. Everything is interconnected and interdependent, and thus I sometimes wander away from economic data to demographic, environmental, or political trends.

This is done for good reason.

The point of this is to focus reader’s minds not just on the tiny, short-term minutiae that the news media bombards us with daily, but on the deeper, underlying causes and conditions. Through analysis, I try to bring my mind and the minds of my readers as near as possible to the truth of the matter, to grasp the sheer scale of the bigger picture not just of the economy but of life itself. I seek to educate and awe myself and educate and awe other people.

Introduction

Disturbing news reports bombard us constantly, talking about ten thousand and one ways the economy is worsening. Fear rules the markets. It is becoming noticeably harder for many in the middle and working classes to pay for things like food, rent, and petrol. It seems like the US and especially the Eurozone are plunging into a dark tunnel while dragging the rest of the global economy down with them.

However, there is light at the end of this dark tunnel. Ups and downs are regular phenomena of market systems. While the severity of the down-wave we are heading into does look to be much larger than anything since the Great Depression, this is no time for panic or fear.

Yes, the short term does not look bright at all. However, profitable actions can still be taken. Well timed, educated investment decisions are appropriate rather than paranoid inaction.

I used to be afraid of the economy. It’s the worst type of fear, because there is very little that you can do about it. Instead, it simmers in the back of your unconsciousness, poisoning thought and twisting what should be happy, carefree moments into moments of worry and heart-wrenching anxiety. I used to suffer from this when I read about the economy.

However, my fear evaporated once I began researching different parts of the economy. If you’d like an overview of how the economy works, I highly recommend the finance videos on khanacademy.org, a wonderful educational idea run by a former financial analyst. Khan Academy is a wonderful, free learning resource. This cogent style of education formed the cornerstone of my understanding of finance and economics.

Plus, let’s be honest about the sick economy. In many ways, we’ve all made it sick through lots of mistakes. There has been too much borrowing and credit and not enough actual production. Humanity hasn’t transitioned to a sustainable economy even though we’ve had decades of warnings to do so. Climate change gases are still increasing, despite decades of admonishments and pleading from scientists.

Alternative voices have been warning of the housing bubble for years, but very few listened. We know what climate change will do. We know we’ve got to move to non-fossil fuels as soon as is technically and monetarily possible. The dead end is nearly here, just as predicted by countless people.

When you remember just how many chances our society has missed and is missing to get our act together, it shouldn’t be a surprise when the economy stumbles. Much of what we are experiencing right now is happening because for many decades Western society has been living in a dream world, rushing head-first into a dead end by following a narrative of limitless expansion in a completely limited world. Thus we have to