This is an updated version of the book that accurately predicted the global stock market crash of 2008, the bursting of the real estate bubble, and Ben Bernanke’s unprecedented overreaction via ‘Quantitative Easing’ programs. First published in 2008, the book quickly became a bestseller not just for its timely insight into precious metals investment — but for its amazingly accurate prediction of a ‘Roller Coaster Crash’ — the manipulated whipsaw between inflation, deflation and back again. In this latest update to his book, author Michael Maloney adds his thoughts on what has played out so far, what we may be facing soon, and how gold and silver can help you transform the coming economic storm into a once in a lifetime opportunity.
Gold & Silver have served as the ultimate safe-haven from financial chaos throughout history, and today is no exception. All the underlying fundamentals that caused the financial meltdown of 2008 have not been solved, but have been magnified by the actions of the world’s central banks. The bailouts, currency creation, market manipulation, derivatives expansion, and growth of the “too big to fail” banks only guarantee that the next crisis will make the crash of 2008 look like a speed-bump on the way to the main event. Never in history has the global economy stood at such a precipice, and never in history has it been more vital to understand how, why and where to invest in gold and silver.