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    Survival Investing with Gold & Silver
    Survival Investing with Gold & Silver
    Survival Investing with Gold & Silver
    Ebook85 pages1 hour

    Survival Investing with Gold & Silver

    By GE Christenson

    4.5/5

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    About this ebook

    In 1920 John Maynard Keynes (British economist – considered the most influential in the 20th century) wrote that “By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” The U.S. Government and the Federal Reserve have successfully inflated prices for a hundred years, and especially since 1971 when Nixon eliminated the gold backing of the Dollar.

    Inflation is like a hibernating bear; it sleeps for a time (the 1990s) and then wakes for a long rampage. During significant inflation, caused by excessive deficits, debts, expansion of the money supply, and printing money, you can lose most of the real value of your savings and your retirement, while your expenses rise far more rapidly than your income. Many countries have experienced hyperinflation in the past three decades; with the wrong fiscal and monetary policies it can happen in the United States. Even modest inflation will, over time, destroy the purchasing power of your income and savings. We must prepare for the coming inflation or suffer the horrific financial consequences.

    This book describes, in simple language and concepts, the economic and financial conditions that create an exponentially increasing money supply, runaway spending and debts, and price inflation. The loss of purchasing power is demonstrated for working and retired individuals. Specific suggestions are given to reduce expenses and increase savings, so you can invest savings and grow your retirement to keep pace with inflation. Inflation hedges are discussed, and their ability to preserve purchasing power is illustrated in a ten year table.

    Supplementary topics are discussed in a “Bonus Material” section at the end. Those topics include the ongoing exponential rallies in gold and silver, projections for their prices in 2013, Technical Analysis, using an IRA to invest in gold and silver, and maintaining purchasing power.

    LanguageEnglish
    PublisherGE Christenson
    Release dateOct 23, 2012
    ISBN9781301898190
    Survival Investing with Gold & Silver
    Author

    GE Christenson

    I am a retired accountant and business manager who has 30 years of experience studying markets, investing, and trading futures and stocks. I have made and lost money during my investing career, and those successes and losses have taught me about timing markets, risk management, government created inflation, and market crashes. I currently invest for the long term, and I swing trade (in a trade from one to four weeks) stocks and ETFs using both fundamental and technical analysis. I offer opinions and commentary, but not investment advice. Years ago I did graduate work in physics (all but dissertation) so I strongly believe in analysis, objective facts, and rational decisions based on hard data. I currently live in Texas with my wife. Previously, I spent 20 years in Barrow, Alaska, the northernmost community in the United States, 330 miles north of the Arctic Circle. There are many parallels between surviving in the arctic and investing for substantial gains in today’s market. For example: - Preparation for surviving arctic weather is critical, just as preparation is essential when investing. - There is little room for delusional thinking when you are subjected to a 40 degrees below zero blizzard while facing 30 mph of wind. Similarly, dangerous markets will punish delusional thinking. - There is much to learn about survival in the arctic, considerably more than just "wear more clothes." Markets appear less complicated and easier to understand than they actually are. Underestimating either arctic conditions or the complexity of markets can be deadly. - Temperatures in the arctic gradually move from dreadfully cold to mildly warm. Markets seem chaotic in the short term but gradually move up and down in long cycles. - One can experience the "midnight sun" for several months in the arctic. During that time, it seems like the sun will last forever. It does not, and several months later you will live through two months of darkness. Bull markets feel like they will rally forever. They do not and are followed by bear markets, regardless of what the Wall Street cheerleaders wish us to believe.

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    4.5/5

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    • 5/5
      Very informative. It brought out a point of view I didn’t think about before which is the relationship with the United States and Saudi Arabia and how it would effect the strength of the dollar if they (Saudi Arabia ) ever decided to stop using petro dollars. Also the author made a good point when trading in the market that fundamental analysis is good to find out which way the market is going while technical analysis helps you to determine the timing. Definitely recommend this book.

      2 people found this helpful

    Book preview

    Survival Investing with Gold & Silver - GE Christenson

    Survival Investing with Gold & Silver

    by GE Christenson - aka Deviant Investor

    Copyright 2012 GE Christenson

    Smashwords Edition License Notes:

    This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you're reading this book and did not purchase it or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

    * * * *

    Table of Contents

    Summary

    Introduction

    Chapter 1 - Dollars Are Created As Debt and What That Means for Your Purchasing Power

    Chapter 2 - What if You Don’t Prepare for More Inflation?

    Chapter 3 - What You Should Do

    Chapter 4 - Most People I Know Aren’t Preparing. Why Should I?

    Chapter 5 - What If THEY Don’t Inflate?

    Chapter 6 - What Could Go Wrong?

    Chapter 7 - Conclusions

    Bonus Material

    About the Author

    Afterword

    * * * *

    Back to Top

    Summary

    In 1920 John Maynard Keynes (British economist – considered the most influential in the 20th century) wrote that "By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." The U.S. Government and the Federal Reserve have successfully inflated prices for a hundred years, and especially since 1971 when Nixon eliminated the gold backing of the Dollar.

    Inflation is like a hibernating bear; it sleeps for a time (the 1990s) and then wakes for a long rampage. During significant inflation, caused by excessive deficits, debts, expansion of the money supply, and printing money, you can lose most of the real value of your savings and your retirement, while your expenses rise far more rapidly than your income. Many countries have experienced hyperinflation in the past three decades; with the wrong fiscal and monetary policies it can happen in the United States. Even modest inflation will, over time, destroy the purchasing power of your income and savings. We must prepare for the coming inflation or suffer the horrific financial consequences.

    This book describes, in simple language and concepts, the economic and financial conditions that create an exponentially increasing money supply, runaway spending and debts, and price inflation. The loss of purchasing power is demonstrated for working and retired individuals. Specific suggestions are given to reduce expenses and increase savings, so you can invest savings and grow your retirement to keep pace with inflation. Inflation hedges are discussed, and their ability to preserve purchasing power is illustrated in a ten year table.

    Supplementary topics are discussed in the Bonus Material section. Those topics include the ongoing exponential rallies in gold and silver, projections for their prices in 2013, Technical Analysis, using an IRA to invest in gold and silver, and maintaining purchasing power.

    * * * *

    Back to Top

    Introduction

    This book is written for you if:

    - You are a member of the middle class living well above the poverty level. You have some disposable income but fear you won’t have enough in the future.

    - You see consumer prices rising and are worried that your income will not keep pace with price increases.

    - You want to understand why inflation occurs and how to survive it.

    - You want to be a long-range planner and big-picture thinker so you can save, invest, maintain your standard of living, and improve your financial life.

    - You not only want to survive, you want to thrive in this increasingly dangerous economy.

    - You live a long way down the economic food chain from the level where the political and financial elite extract millions of Dollars, Euros, Yen, and Yuan from the financial system, while they care little for your financial well-being.

    If any of the above describes you, then read further to learn how to preserve your purchasing power, why you must prepare, and what happens if you don’t act soon.

    * * * *

    Back to Top

    Chapter 1 - Dollars Are Created As Debt and What That Means for Your Purchasing Power

    By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens … and while the process impoverishes many, it actually enriches some … The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose. John Maynard Keynes (1883 – 1946) from Economic Consequences of the Peace 1920. (British economist – considered the most influential in the 20th century)

    President Nixon abolished the convertibility of the dollar to gold on August 15, 1971. He closed the gold window by informing the world that although the US

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