5 Gold & Silver Books

You know the old adage. If you want to uncover the crimes and discover the truth, follow the money. The books I review below are a refreshing commentary on modern times, without the hype and bias of journalism, and marked by common sense, clear thinking, a historical point of view, real data and meaningful analysis.

As I have been writing about for the past year, we are in the midst of a growing financial crisis which is going to get much worse.

I will outline the evidence for my argument, then supplement it with gleanings from these 5 great books.

1. The U.S. debt (apart from other sovereign debt) is the largest in history, at over $30T and growing.
2. The interest will become unserviceable with higher interest rates.
3. The BRICS nations (soon to be joined by Saudi Arabia) are de-dollarizing and will pay for oil with a new currency backed by gold and likely a combination of several commodities, which means the U.S. dollar will crash, sooner or later.
4. All fiat currencies in history have crashed with an average lifespan of about 75 years.
5. The high-interest rates the Fed is promoting have resulted in worldwide similar hikes and the inevitable crises of lower bond prices and defaulting banks and institutional lenders. We have recently witnessed the Bank of England gilt crisis, 3 U.S. banks (Silicon Valley, Silvergate and Signature) crash, and Credit Suisse collapsing in Europe. The risk of systemic failure is high.
6. All asset classes (except gold and silver) are hyper-inflated due to 40 years of artificially low-interest rates and will fall at least 50%, including the stock market.

The Books

Guide to Investing in Gold & Silver, Michael Maloney, 2015

The Golden Revolution, Revisited (How to Prepare for the Remonetization of Gold) - John Butler, 2017

Gold Matters, Real Solutions to Surreal Risks - Egon von Greyers and Matthew Piepenburg, 2021

The Great Silver Bull (Crush Inflation and Profit as the Dollar Dies), Peter Krauth, 2022

The Great Gold & Silver Rush of the 21st Century, Mike Maloney, 2022

Other notable names in gold and silver, worth listening to and carefully following, are Rick Rule, Peter Schiff, Andy Schectman and Rafi Farber.

As Mark Twain wrote, “It’s not what you don’t know that‘s the problem. It’s what you know that just ain’t so.”

The best predictor of the future is the past, and history does repeat itself, so all these writers provide a historical analysis which is very consistent and therefore compelling.

Mike Maloney has written the first and last of these 5 books. He is the founder of GoldSilver.com which is a huge online broker and operates a network of international depositories.

He highlights that currency is not money. The only real money is gold and silver which have proven and provided value for 5000 years.

Currency is a medium to transfer value from one asset class to another.

It is not a store of value.?

Monetary cycles of fiat money creation with asset class inflation from boom to bust include the greed-driven tulip mania of 1637, John Law’as ever-inflating currency supply in France in 1716, the pre-Nazi Weimar Republic from 1919-1923 when a pair of shoes cost 30 trillion marks, the birth of the Fed in 1914, Nixon taking the U.S. off the gold standard in 1971 to pay for the VietNam war with printed paper which created the credit culture, and the collapse of Lehmann Brothers in 2008.

World governments and central banks continue to inflate the currency supply and currency continues to lose value. The world banks have also been manipulating and depressing the real price of gold in order to hide what they are doing.

In John Butler’s foreword, Steve Baker wrote, “Sooner or later this system will blow up, taking with it deficit spending and other promises [like Medicare, Medicaid and Social Security], which simply cannot be kept.” This truth is in the mathematics and is unavoidable. We are in the deepest global recession since W.W. II and the global financial system is on the edge of collapse.

Butler confuses currency with money on page xx of the introduction, but he nails the argument on page xxii - “A return to gold is not only inevitable but imminent.”

JP Morgan wrote, “Money is gold and nothing else.”

He reviews the history of economics and the value of diversification.

Peter Krauth focuses on the more volatile asset silver which also is ideal money because it is durable, divisible, convenient, consistent, has intrinsic value, can’t be printed, is indestructible, has no counterparty risk, is private, liquid, can’t be hacked and holds its value.

He quotes Keynes: “There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.”

In terms of geopolitical craziness, William James wrote. “There is nothing so absurd that it cannot be believed as truth if repeated often enough.”

Krauth contends that “Silver outperforms gold in bull markets.”

Von Greryerz and Piepenburg are the principals of Matterhorn Asset Management and also manage a private Swiss gold vault for investors.

They have impeccable credentials.

Their writing is a bit racier than the other authors' but detailed, analytical and persuasive.

We enjoy a historical analysis, a financial and economic risk analysis including bitcoin, and the inevitable return to gold as the money standard.

My suggestion is not to believe governments and banks that tell you your money is safe, understand what is really going on, and plan accordingly.

Risk mitigation includes diversifying your assets. If your company’s stock is your principal investment, obviously you cannot dump it. But transferring stock market risk to Stone Creek Global with a non-recourse stock loan at 40%-60% LTV, allows you to leverage your holdings and diversify into other asset classes.?

This is incredibly cheaper than getting a margin loan, selling stock, issuing a bond, or getting stuck with a death-spiral convertible note.

You preserve 100% of upside potential, hedge the downside, and retain full ownership and control of your stock.

Cash is available now for corporations and individuals at 3.99% simple interest with interest-only quarterly payments.

No other bank or institutional lending compares if they are available.

Why issue bonds at Sofr + 5%-10% which equals 10%- 15% cost of lending with full cross-collateralization?

Blessings!

George Glumac

Stock Loan Exchange

705-351-1238 (Canada)

[email protected]

stockloanexchange.com

https://calendly.com/masterfunding/stockloanexchange