Gold Rush – A New Ebook About America’s Gold Rushes

The new ebook “Gold Rush!” by Mike Landfair answers the question “How do I buy Gold?” It is written for the novice who wants to protect his or her wealth, but doesn’t know how. Mike Landfair has been writing about Gold (and Silver) and making predictions about future precious metal prices for almost a decade. He wants to help people to survive the collapse of fiat currencies.

The author describes in his book the two Gold rushes that America has experienced. He believes we are about to go through the third one.

The first Gold rush began in 1848 with the Gold discovery in California and sparked radical change in America. The cry, “Gold!” went up and thousands of men and women dropped everything and moved to California to search for riches beyond their imagination. By the end of 1849, the non-native population of the California territory exploded from less than a 1,000 to 100,000 people. “A total of $2 billion worth of precious metal was extracted from the area during the Gold Rush, which peaked in 1852.”

The second Gold rush began after President Nixon closed the Gold Window in 1971. I was a stockbroker and was in the trenches through the second Gold rush when Gold rocketed to $850 an ounce, a 38-fold increase from $22 and a 25-fold increase from $35. If you owned 1,000 ounces of Gold at $35, you would have seen its value increase to $850,000.

I said there is a third Gold Rush about to take place.  It’s incredible how much people are still unaware that Gold has been rising for eleven straight years and if Gold closes out the year above $1,566, it will make it the 12th year in a row. It is currently $1,725 an ounce.

Here’s the yearly gold closing:

2000 — $273.60
2001 — $279.00
2002 — $348.20
2003 — $416.10
2004 — $438.40
2005 — $518.90
2006 — $638.00
2007 — $838.00
2008 — $889.00
2009 — $1096.50
2010 — $1421.40
2011 — $1566.80
2012 — $  ??

Mike Landfair writes in his book: “Ibbotson determined that investors can potentially improve the risk-to-reward ratio in conservative, moderate, and aggressive portfolios by including precious metals bullion with allocations of 7.1%, 12.5%, and 15.7% respectively … So it came as a surprise to me that Eric Sprott recently said that institutional investors as a whole after 12 years of a bull market have only ¾ of 1% of their assets in Gold.”

Read more about “Gold Rush!” or buy now at Amazon.com

 



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