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  • INVESTING IN GOLD AND SILVER AND PRECIOUS METALS AND OTHER COMMODITIES - Savers Do Not Have to Be Losers : BUYING, SELLING, AND TRADING FUTURES AND FORWARDS ... crude oil (Financial Education Series)
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INVESTING IN GOLD AND SILVER AND PRECIOUS METALS AND OTHER COMMODITIES - Savers Do Not Have to Be Losers : BUYING, SELLING, AND TRADING FUTURES AND FORWARDS ... crude oil (Financial Education Series) Kindle Edition

by Coach Ed DeVries (Author) Format: Kindle Edition
1.0 out of 5 stars 1 rating

鶹

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Robert Kiyosaki, author of "Rich Dad Poor Dad," has often been quoted as saying, "savers are losers." But that does not have to be the case. Unlike "money" in the bank, precious metals are not eaten up by inflation and currency devaluation.

The “rich” have long protected their wealth with gold. Silver offers many of the same advantages, but at a price that even the “poor” can afford.

When he was in High School economics Coach Ed says that his teacher asked the class one day what the most traded commodity in the history of the world was? Most everyone answered “gold.” They were all wrong. The answer was salt. The next question was what is the most inflation-proof item in the world? The collective answer was again “gold.” Again, all were wrong. The answer was also salt.

But gold was number 2. And silver was number 3.

In 2019 the most traded commodities in the world were as follows:

#1 – CRUDE OIL (black gold, Texas tea)
#2 – COFFEE
#3 – NATURAL GAS
#4 – GOLD
#5 – BRENT OIL (a lighter in color crude oil extracted from the North Sea)
#6 – SILVER

Gold and silver are commodities. And they are traded as such, day in, day out, at and on all of the world’s commodities exchanges. So the subject of this eBook shifts from the usual focus on buying and selling physical gold and silver coins or bullion to the trading of gold and silver as the commodities that they are. Specifically, trading on gold and silver “futures.”

For those of you who do not understand what it means to trade in “futures,” just get this affordable eBook.

Once you understand how gold and silver futures work, you will also understand how corn “futures,” soy bean “futures,” crude oil “futures,” hog “futures,” cattle “futures,” or just about any other commodity futures trading works.

Imagine buying corn before its even been planted? Or better yet, buying gold or silver that hasn’t even been dug out of the ground yet? But when it is, the mine has a contractual obligation to sell to you at the predetermined price regardless of what the going spot price of gold or silver is at the time when the metals are dug.

After you have finished this eBook and have come to a basic understanding of futures trading and how it works, as well as what you need to know before trading. Then you can decide if futures trading, and specifically the trading of gold and silver futures, are for you.

Getting your financial education should be easy and affordable. Coach Ed's "Financial Education Series" of eBooks gives you the information you need to succeed!
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  1. Part of series
    Financial Education Series
  2. Print length
    35 pages
  3. Language
    English
  4. Accessibility
    Learn more
  5. Publication date
    Aug. 24 2020
  6. File size
    10.9 MB
  7. Page Flip
    Enabled
  8. Word Wise
    Enabled
  9. Enhanced typesetting
    Enabled
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There are 15 books in this series.
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Product details

  • ASIN ‏ : ‎ B08GP3LKV3
  • Accessibility ‏ : ‎ Learn more
  • Publication date ‏ : ‎ Aug. 24 2020
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 10.9 MB
  • Simultaneous device usage ‏ : ‎ Unlimited
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 35 pages
  • Page Flip ‏ : ‎ Enabled
  • Part of series ‏ : ‎ Financial Education Series
  • 鶹 Rank: #1,053,754 in Kindle Store (See Top 100 in Kindle Store)
  • Customer Reviews:
    1.0 out of 5 stars 1 rating

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Ed DeVries

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