Hi, guys. Just wondering, do you guys have any reading on precious metals or recession to share? Thanks.
Rickards and Schiff are good reading for a beginner but hard not to get caught up in the hype. What specifically are you looking to read about PM's? Most books on the subject are incredibly boring!
The only book I have bought was Maloney's 'Guide to Investing in Gold & Silver'. To a raw recruit, it was useful and encouraged me to start stacking. His style is engaging too, so it's worth a read so long as you understand he is a pumper, albeit a knowledgeable one. I don't plan to get any more books, because I see the interweb as the best source of info for a sensibly sceptical mind.
'Debt: The first 5000 years' is a must read. It's long and it doesn't just deal with PM's, but it'll change your perspective on money and debt.
For the second time while travelling I lost my Kindle (first time broke it, second time it was stolen) which was just loaded up with books on the subject... I really couldn't be arsed getting another one so I guess I'll never know. I don't want to read them on the Laptop, so this will forever be a mystery to me I suppose. Haha
Just remember as you read these book, that the narrative is always about potential worst case or something improbable. Writing a factual or likely event would be boring and no one would read it. Ie no one buys text books to read.
https://www.amazon.com/Cryptonomico...&qid=1473038872&sr=1-1&keywords=cryptonomicon Neal Stephenson: Cryptonomicon. Ok, it is a novel, but it deals with cryptocurrencies and gold backed decentralised transactions and is way more interesting than a text book. You can also read his Baroque Cycle which deals in great depth at how silver money has been systematically debased and how banks have been involved in dodgy deals right from the get go. Then read the rest of his books because they are really good too.
I used to read all my books on my Kindle, then I got a new phone and all the Kindle books I downloaded are available to me on it. I don't know what I did but they may be available to you, I use a Kindle app.
Try these books mate: The New Case for Gold April 5, 2016 by James Rickards https://www.amazon.com/New-Case-Gold-James-Rickards/dp/1101980761 Guide To Investing in Gold & Silver: Protect Your Financial Future September 15, 2015 by Michael Maloney https://www.amazon.com/Guide-Investing-Gold-Silver-Financial/dp/1937832740 The Power of Gold: The History of an Obsession April 10, 2012 by Peter L. Bernstein (Author), Paul A. Volcker (Foreword) https://www.amazon.com/Power-Gold-History-Obsession/dp/111827010X This one is for educating yourself in reading the chart and predicting the price movement: The Handbook of Technical Analysis + Test Bank: The Practitioner's Comprehensive Guide to Technical Analysis (Wiley Trading) 1st Edition by Mark Andrew Lim https://www.amazon.com/Handbook-Technical-Analysis-Test-Bank/dp/1118498917 As a bonus or additional reading: The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse January 26, 2016 by Mohamed A. El-Erian https://www.amazon.com/Only-Game-Town-Instability-Avoiding/dp/081299762X Hope that helps you in gaining better understanding in PM investing.
Thanks everyone! I was away for a few days on a family trip and million thanks for the input! I will start checking out these links and books you guys recommended soon. I'm currently reading Rickards the Bigdrop and it's a good read too.
it is not ideal. Most of the info in this book is easily obtained elsewhere. If you are brand new to the subject it could help, but fundamentally at some point, you want to learn critical thinking. It is helpful to keep an open mind. Some of the classics of investing are free. "Extraordinary popular delusions and the madness of crowds" catalogues a litany of examples which resonate the present. "Reminiscences of a stock operator" is another, somewhat more recent example. These two are considered iconic texts and they are free. I bought Robert Moriarty's book "Nobody knows anything" as after nearly nine years after my very first questions about the money system, through the journey of PMs and what I know now, he is one of the only free website authors I would read and his book echoes my sentiments. There are loads of snake oil merchants out there. His book is only a few bucks in the digital version.
As a general free video intro, you might consider Bill Still's "moneymasters", the "money as debt" series, one and two these are entry level but thought provoking
More free books on economics and politics: https://fee.org/articles/these-five-freedom-philosophers-will-liberate-your-mind/
