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Gold Bubble: Profiting From Gold's Impending Collapse

Gold Bubble: Profiting From Gold's Impending Collapse

          
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About the Book

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.

Table of Contents:
Preface vii Disclaimer xiii CHAPTER 1 Why Gold? 1 Understanding Gold s Surge 1 Why the Gold Bugs Are Wrong 4 CHAPTER 2 Bubble Enablers and Precipitating Factors 5 Removal of the Fixed Price for Gold in 1968 5 Poor Market Performance and Capital Diversion 6 Uncertainty 7 Currency Troubles 8 Emerging Market Growth and Demand 8 Hard to Value 9 Introduction of Gold ETFs 9 Former UK Prime Minister May Be Responsible for Gold Bubble 9 Illusion of Safety 13 Conclusion 13 CHAPTER 3 Signs of a Gold Bubble 15 Parabolic Price Increases 15 Massive Publicity 21 Overspeculation 29 Extreme Expectations 45 Conclusion 56 CHAPTER 4 Gold Takes On ... 59 Deflation 59 Is Gold a Safe Haven During Recessions? 60 Gold versus Various Asset Classes: Ratio Analysis 63 Conclusion 65 CHAPTER 5 Price Analysis and Forecasts 67 Gold Bubble Anatomy: Is a Parabolic Spike Coming? 67 Gold s Place in History: Elliott Waves 70 Price Target for Gold Collapse 77 Fibonacci Time Relationships 79 Seasonality 81 Conclusion 83 CHAPTER 6 What Does Gold Depend On? 85 Herd Mentality in the Stock Market 86 Are We Headed for Another Great Depression? 88 Market Cycle Predicts Recession 97 The Dangers of ETFs 104 What about the Dollar? 117 Emerging Market Troubles 123 Middle East Upheaval 136 European Crisis 139 Conclusion 141 CHAPTER 7 Calling the Top: Signs of Reversal 143 Lagging Mining Stocks Signal Reversals in Gold and Silver Prices 143 Bernanke and Buffett Puzzled by Gold Rally 149 Dollar Strength and Market Weakness 150 Declining Momentum 151 Big Guys Selling: Smart Money Leads the Way 152 Is the Commodity Run-Up about to Reverse Course? 154 Has the Bubble Popped? 165 CHAPTER 8 Ways to Profit from the Collapse of the Gold Bubble 167 Short Gold 167 Short Gold Miners 168 Options Strategies 168 Short Rare-Earths 169 Betting on History: A Gold-Platinum Pair Trade 170 Forget Gold, Buy Diamonds 171 Buy Stocks Instead 176 Buy Physical Property, or Invest in Housing Stocks? 177 Conclusion 186 CHAPTER 9 Other Investment Land Mines to Avoid 187 Cloud Nine Computing: Sign of a Renewed Technology Bubble? 187 Betting against Facebook 193 Is IPO Mania Warning of a Tech Bubble 2.0? 206 Netflix: Setting Up for Disaster 213 Conclusion 231 Notes 235 About the Author 245 Index 247


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Product Details
  • ISBN-13: 9781118239353
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Depth: 25
  • Language: English
  • Returnable: N
  • Spine Width: 24 mm
  • Weight: 456 gr
  • ISBN-10: 1118239350
  • Publisher Date: 24 Apr 2012
  • Binding: Hardback
  • Height: 234 mm
  • No of Pages: 257
  • Series Title: English
  • Sub Title: Profiting From Gold's Impending Collapse
  • Width: 158 mm


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