HOW THE EXPERTS BUY AND SELL GOLD BULLION, GOLD STOCKS AND GOLD COINS

by James E. & Harry D. Schultz Sinclair ‧ RELEASE DATE: Sept. 1, 1975

Keynes called it the ""barbaric relic"" and Lenin consigned it to the building of latrines, but Cecil Rhodes and Harry Browne knew better: in a period of double-digit inflation, owning gold can provide ""a haven against [sic] 'Lazyfare' economics."" Not that Sinclair and Schultz suggest you do anything so improvident as putting all your eggs in one basket. They've laid out handy little tables of suggested ratios for portfolios ranging from $10,000 to a cold million with rundowns on current markets in investments as diverse as South African gold stocks, gold-oriented mutual funds, gold coins, gold bullion and gold futures. Their economic remedies include a tightening of the money supply, a return to the gold standard and indexation. Meanwhile, this game of conservative pokerino continues to drive up the price of you-know-what beyond all reason while scaring the pants off the idle rich.

Pub Date: Sept. 1, 1975

ISBN: N/A

Page Count: -

Publisher: Arlington House

Review Posted Online: N/A

Kirkus Reviews Issue: Sept. 1, 1975

Categories: NONFICTION