The New Gold Stock Investing Essentials: Supercharge Your Portfolio With Precious Metals And Our Top Mining Stocks Paperback – August 12, 2014

Before I read this book, I didn't know much about gold or what to look for. Michael Swanson's book really helped me out. He goes into detail about buying physical gold versus gold certificates, what diversity in a portfolio really is and why gold helps, and the history of gold as a world currency. There's a LOT of history in this 75-page book. I'm actually impressed with the lengths Swanson went to explain the background of gold, like how the mining industries work with financial regulators to determine how much gold and other precious metals they can mine in a given period of time. I honestly thought this would be boring, and it's really a fascinating read. I ended up learning a lot from it.To be honest, I wasn't expecting much from this. I was pleasantly surprised at what I read. There's lots of useful information in this book. I'm impressed enough that I'm going to recommend my friends buy this and add it to their existing knowledge of the stock market.You don't even need a Kindle to buy this book. Once you buy it, you can read it through the Amazon cloud service. (Just make sure you don't actually hit the Delete button.) Highly recommended.

I was very favorably impressed by some of Mike's earlier books so I jumped at the chance to buy this one. He begins by explaining the way that the stock market cycle acts. Then he explains the way that the gold market acts.If you don't know how markets work this is a complete concise course in everything that you need to know about the gold market. If you do already know how this market works this is a great review and includes a few viewpoints that you are very unlikely to have thought of.

The author concludes that a Gold Bull market should have either started or will start shortly based on past history and the current financial status of the Federal government. An extremely good case is made for either adding to or starting a substantial holding in gold bullion and/or coins and gold funds/ETFs and stocks. He offers suggestions for possible investments advising the reader to either investigate further or consult with a financial advisor. Well documented.

This book is very short with not much new.For those new to gold and mining stocks it is a great primer.For the more knowledgeable it is a bit of old hash served warmed over.But I heartily agree with all aspects of the book and think it is especially timely...

I am new to trading and as most of the people about to retire I had my IRAs managed by the traditional Financial Advisers with a "buy and hold" mentality. But at the beginning of this year I was very uneasy with the skirmishes between Congress and The President, the political turmoil in Eastern Europe (and now in other places), the pace with which we print the greenbacks, and the gold rally in the 1st Quarter of 2014. My first eye opening experience was to find out that if I invested 1000 dollars in 2000, I would have now 1000 less inflation. The assurance of my advisers "you are diversified in great mutual and bond funds" that are run by smart people" did not make me feel at ease, especially after I looked what my investments did in 2009 (believe or not, I did not even look at this stuff before). I quickly learned that the individual investors systematically loose money, since trading requires A LOT OF EXPERIENCE AND KNOWLEDGE. Moreover, due to High Frequency Trading, the presence of enormous hedge funds that can move the market anywhere they desire, the individual investor needs to be less naive. Of course, if you do scalping and watch the 1 minute ticks, you have a chance to earn well, provided that you KNOW what you are doing. I cannot do it. I work 12 hours a day.The market is in the uptrend for more than 4 years. It is also quite overvalued when you notice that many established companies trade close to their 52 week high. Yet the belief that it will go on forever is as high as in 2008 or 2000. For this reason alone, I am looking for an intelligent advice to be able to invest long-term in vehicles that are easy to protect with a stop loss, have a chance to grow when the rest of the market is falling when I hope to be mostly in cash. I read the 1st book of Michael Swanson "Strategic Stock Trading" in one nigh seating. He talks about things that are not popular with today's small home investors who believe in short technical trades "buy low on dip above support and sell high just below the resistance". These people do sensible money and they do not subscribe to the paid ads "Buy the XYZ stock that will explode in a couple months". But again, scalping is not for me... I can only look at the charts after 10pm. Yes, I will try to do swing trades, but I am still in the learning mode.Michael Swanson saw the 2009 and was in the market at that time. He knew what will happen, he warned, and nobody believed him. He does not tell you that the big crash will happen tomorrow. Maybe tomorrow, maybe in a year. But obviously it has to happen since markets have cycles. I learned from Michael;s 1st book a lot. And the longer term strategies that he suggests convince me. The current book is much more specialized and explains why gold miners rally occurs before the gold rally and why it is much stronger. He also dispels a lot of myths about "junior gold miners" and frankly explains that most of these companies are only on "paper". He also reviews a few of them. I also belong to his WallStreetWindow.com club where he shares his up to date views and commentaries. Read the book and you will look at gold and gold mining in a different way: yes, it will go up and down, and yes, maybe it is not yet a time to put much money into it. But you will know when it is time.

I joined in his power investor service since 6/2014. He kept predicting the gold is going to break out in September. But the gold crashed instead of breaking out. And he always told us the gold is not going to crash and hold the position. My portfolio was down 40% after I joined him service.Mike was so bullish on gold and keeping predicting gold is going to break out. He did not even suggest us to set up a stop loss. I do not think he is a good investor. This book and his service can mislead you.As far as his weekly newsletter, he always talking like this. The stock market is overvalued and everybody is bullish on stock market. The stock market is going to crash. The gold is going to bull. His service costs 97 per month. But every week, you get the similar comment. The price of his service is too high.

Michael Swanson has been wrong about the gold stock market for the past two years. He keeps predicting it'll break out into a bull market but has been wrong every time.