Favorite Economics Books for Precious Metals Investment

See also: American Gold Exchange of Austin, Texas


Keynes Hayek, The Clash that Defined Modern Economics, Nicholas Wapshott

The Federal Reserve and the Banking Crisis, Lectures by Ben S. Bernanke

The Battle of Breton Woods, Ben Steil

The Big Reset - The War on Gold and the Financial Endgame, William Middelkoop

The Age of Oversupply, Daniel Alpert

These two are good at covering the same basic economic background:

Global Economic History, A Very Short Introduction, Robert C. Allen

A Farewell to Alms, A Brief Economic History of the World, Gregory Clark


The Mystery of Banking, Murray N. Rothbard


With the above background, these are the books for precious metals investment that I have found helpful:

Gold Wars, The Battle for the Global Economy, Kelly Mitchell

Gold, The Race for the World's Most Seductive Metal, Matthew Hart


These are a bit sensational, but these have good historical summaries mixed in with the demagoguery:

How to Buy Gold and Silver, Doyle Schuler

Stack Silver, Get Gold, Hunter Ripley III

The Silver Bomb, Michael MacDonald & Christopher Whitestone


Amazon samples I've read that have potential:

This Time is Different, Eight Centuries of Financial Folly, Carmen m. Reinhart & Kenneth S. Rogoff

The Gold Cartel, Dimitri Speck

Currency Wars, James Rickards

How an Economy Grows and Why it Crashes, Peter D. Schiff


As far as gold is concerned, NONE of the above (so far as I've read) adequately describe how to relate short term news events to their economic implications and (in turn) to the consequent volatility/ups/downs in the price of gold. Nor do they describe such basics as metal price support and resistance levels (which are the macro effects of a whole lot of marketplace micro decisions). If you're interested, talk to the people at American Gold Exchange. They are well versed in long term "buy and hold" (which they heavily favor over short term trading) strategies. I've made a WHOLE lot more money working with them, than any of the other investment people I've dealt with over the years. They know all about this stuff and then some.