Precious Metals Trading: How To Forecast and Profit from Major Market Moves explains the supply/demand fundamentals of the four precious metals-gold, silver, platinum, and palladium-and provides projections about long-term trends and profit opportunities that will coincide with them. Filled with fresh insights from Philip Gotthelf-one of the top experts in this field-The Precious Metals Trader offers readers the guidance they need to trade profitably within this dynamic market.
Although examining new market developments is intriguing, a text on precious metals investing is not complete without reviewing basics. Yes, cyberspace is fascinating, but what are gold, silver, platinum, and palladium, and where do these metals come from? How are they used? Why are they valuable? Do we consume silver, platinum, and palladium as opposed to gold? What technologies will expand or contract precious metal consumption? How might computers replace platinum as a means for cleaning engine emissions? Will new engines eliminate the need for catalytic converters? How much platinum do we use each year for these catalytic converters? The basics are important if we are to proﬁt from precious metals in the years ahead.
As rapidly as technology is advancing, so is political change. Again, we can thank information technology for much of the globalization process that has torn down barriers and constructed new political incentives that can drive precious metals. Consider that the majority of the gold and silver hoard is stored in central bank vaults. These metals remain political assets. If there has truly been a divorce between money and the sibling metals, the message has not been fully accepted by central banks. Even today, treasuries are not too keen on the idea of selling precious metal inventories, a process referred to as divestment. What is the signiﬁcance of global gold reserves? What are the important inﬂuences gold reserves have upon investment strategies? Alone, explorations of silver and gold politics can ﬁll several books.
To appreciate the big picture, this book brieﬂy explores geology, mining, reﬁning, and applications of these metals. How do copper prices affect silver, gold, platinum, and palladium? What about other base metals like nickel, tin, zinc, lead, and iron? Can fusion and ﬁssion technology dictate precious metal prices? What about religion, population, demographics, and education? Can we be conditioned to abandon gold and silver?Can we be taught that these are simply metals like all others? Is there a master plan?
Finally, this book considers strategies. How can you invest in precious metals? Why should you invest? When should you invest? Are stocks better than physical metal? What about futures and options?Should you consider rare coins, medallions, and coin of the realm? What is the signiﬁcance of face value? Does it all sound interesting and exciting? Let’s get started!
- What’s All the Fuss About?
- Monetary Roles
- Are Precious Metals Investments?
- New Strategies for New Markets
- Price Action
- Gold Fundamentals
- Silver Fundamentals
- Platinum Fundamentals
- Palladium Fundamentals
- Investing in Stocks
- The Physical Market
Precious Metals Trading: How To Forecast and Profit from Major Market Moves By Philip Gotthelf pdf