{"product_id":"precious-metals-investing-for-dummies-isbn-9780470130872","title":"Precious Metals Investing For Dummies","description":"In recent years, metals have been among the safest and most lucrative investments around, but they are not entirely risk free. Before you begin investing or trading in metals, you need authoritative information and proven investment strategies. You need \u003ci\u003ePrecious Metal Investing For Dummies.\u003c\/i\u003e  \u003cp\u003eThis straightforward guide eases you into the precious metals market with sound advice on trading and owning these profitable investments, including gold, silver, platinum, and uranium, as well as high-demand base metals such as zinc and copper. You’ll learn how to research their market performance and choose among an array of proven trading plans and strategies. Plus, you’ll get savvy advice on how to choose a broker, buy stocks and futures that involve metals, maximize your investment return, and minimize your risk. Discover how to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eEvaluate the different metals\u003c\/li\u003e \u003cli\u003eAdd metals to your portfolio\u003c\/li\u003e \u003cli\u003eDecide whether you’re an investor or a trader\u003c\/li\u003e \u003cli\u003eIdentify your metal-investment goals\u003c\/li\u003e \u003cli\u003eWeigh the risks and benefits of metals investing\u003c\/li\u003e \u003cli\u003eBuy physical metals\u003c\/li\u003e \u003cli\u003eUse technical analysis to evaluate opportunities\u003c\/li\u003e \u003cli\u003eMake long-term investments in precious metals\u003c\/li\u003e \u003cli\u003eDiversify your metals investments\u003c\/li\u003e \u003cli\u003eAnalyze base-metals companies\u003c\/li\u003e \u003cli\u003ePurchase numismatic coins\u003c\/li\u003e \u003cli\u003eAdd metals to your mutual fund or ETF portfolio\u003c\/li\u003e \u003cli\u003eUnderstand how politics effects metals prices\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eMetals can be an important and valuable addition to any investment portfolio or retirement plan. Make the most out of your investment with \u003ci\u003ePrecious Metal Investing For Dummies\u003c\/i\u003e.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout This Book 1\u003c\/p\u003e \u003cp\u003eConventions Used in This Book 2\u003c\/p\u003e \u003cp\u003eWhat You’re Not to Read 2\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 2\u003c\/p\u003e \u003cp\u003eHow This Book is Organized 3\u003c\/p\u003e \u003cp\u003ePart I: Breaking Down Precious Metals 3\u003c\/p\u003e \u003cp\u003ePart II: Mining the Landscape of Metals 3\u003c\/p\u003e \u003cp\u003ePart III: Investing Vehicles 4\u003c\/p\u003e \u003cp\u003ePart IV: Investment Strategies 5\u003c\/p\u003e \u003cp\u003ePart V: The Part of Tens 5\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 6\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 6\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I: Breaking Down Precious Metals 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: A Compelling History 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMining the History of Precious Metals 10\u003c\/p\u003e \u003cp\u003eUnderstanding why less is more 10\u003c\/p\u003e \u003cp\u003eGiving the gold standard a gold medal 10\u003c\/p\u003e \u003cp\u003eGoing for the gold 11\u003c\/p\u003e \u003cp\u003eSeeing the silver lining 12\u003c\/p\u003e \u003cp\u003eMentioning other metals 12\u003c\/p\u003e \u003cp\u003eTaking a Look at Track Records 12\u003c\/p\u003e \u003cp\u003eGold 13\u003c\/p\u003e \u003cp\u003eSilver 14\u003c\/p\u003e \u003cp\u003eOther metals 15\u003c\/p\u003e \u003cp\u003eGrappling with Bulls and Bears 16\u003c\/p\u003e \u003cp\u003eThe precious metals 1980–1999 bear market 16\u003c\/p\u003e \u003cp\u003eThe precious metals bull market of 2000– 17\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Diversifying with Metals 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWorking with Rising Inflation 19\u003c\/p\u003e \u003cp\u003eUnderstanding the Versatility of Metals 20\u003c\/p\u003e \u003cp\u003eReaching Your Financial Goals 20\u003c\/p\u003e \u003cp\u003eSeeking appreciation 21\u003c\/p\u003e \u003cp\u003eLooking for the home run 21\u003c\/p\u003e \u003cp\u003ePreserving your capital 22\u003c\/p\u003e \u003cp\u003eUsing precious metals to generate income 22\u003c\/p\u003e \u003cp\u003eDiscovering Your Investing Style 23\u003c\/p\u003e \u003cp\u003eDistinguishing between styles 23\u003c\/p\u003e \u003cp\u003eUnderstanding yourself first 24\u003c\/p\u003e \u003cp\u003eThe saver 25\u003c\/p\u003e \u003cp\u003eThe investor 25\u003c\/p\u003e \u003cp\u003eThe trader 26\u003c\/p\u003e \u003cp\u003eThe speculator 27\u003c\/p\u003e \u003cp\u003eKnowing Whether to Get Physical or Own the Paper 28\u003c\/p\u003e \u003cp\u003eFor the conservative investor 28\u003c\/p\u003e \u003cp\u003eFor the growth investor 29\u003c\/p\u003e \u003cp\u003eFor the speculator 30\u003c\/p\u003e \u003cp\u003eFor the trader 30\u003c\/p\u003e \u003cp\u003eGetting the Amount Just Right 31\u003c\/p\u003e \u003cp\u003eFor the conservative investor 31\u003c\/p\u003e \u003cp\u003eFor the growth investor 31\u003c\/p\u003e \u003cp\u003eFor the speculator 32\u003c\/p\u003e \u003cp\u003eFor the trader 32\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: The Beauty and Benefits of Metals 35\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProtecting Your Portfolio Against Inflation 35\u003c\/p\u003e \u003cp\u003ePrecious metals against the dollar 36\u003c\/p\u003e \u003cp\u003eDiversification against all currencies 38\u003c\/p\u003e \u003cp\u003eBenefits for Investors 39\u003c\/p\u003e \u003cp\u003eSafe haven 39\u003c\/p\u003e \u003cp\u003ePrivacy 40\u003c\/p\u003e \u003cp\u003eInflation hedge 40\u003c\/p\u003e \u003cp\u003eDollar hedge 40\u003c\/p\u003e \u003cp\u003eConfiscation protection 41\u003c\/p\u003e \u003cp\u003eLiquidity 41\u003c\/p\u003e \u003cp\u003ePortfolio diversification 42\u003c\/p\u003e \u003cp\u003eBenefits for Traders and Speculators 43\u003c\/p\u003e \u003cp\u003eSupply and demand 43\u003c\/p\u003e \u003cp\u003eHuge gains potential 44\u003c\/p\u003e \u003cp\u003eTrading versus speculating 44\u003c\/p\u003e \u003cp\u003eThe benefits of speculating 45\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Recognizing the Risks 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Risk Means to You 48\u003c\/p\u003e \u003cp\u003ePhysical risk 48\u003c\/p\u003e \u003cp\u003eMarket risk 48\u003c\/p\u003e \u003cp\u003eExchange risk 49\u003c\/p\u003e \u003cp\u003ePolitical risks 50\u003c\/p\u003e \u003cp\u003eThe risk of fraud 51\u003c\/p\u003e \u003cp\u003eMinimizing Your Risk 52\u003c\/p\u003e \u003cp\u003eGaining knowledge 52\u003c\/p\u003e \u003cp\u003eBeing disciplined 53\u003c\/p\u003e \u003cp\u003eBeing patient 53\u003c\/p\u003e \u003cp\u003eDiversification 54\u003c\/p\u003e \u003cp\u003eMaking risk your friend 55\u003c\/p\u003e \u003cp\u003eRisk-Management Tools 56\u003c\/p\u003e \u003cp\u003eWeighing Risk Against Return 57\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Mining the Landscape of Metals 59\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Gold: All That Glitters 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Ancient Metal of Kings 62\u003c\/p\u003e \u003cp\u003eGold for the Record 63\u003c\/p\u003e \u003cp\u003eExplaining all the bull 63\u003c\/p\u003e \u003cp\u003eTelling the tale of the tape: Gold versus other investments 64\u003c\/p\u003e \u003cp\u003eAssuring gold’s success 66\u003c\/p\u003e \u003cp\u003eSecuring a Safe Haven from the Coming Storm 67\u003c\/p\u003e \u003cp\u003eReading and understanding inflation 67\u003c\/p\u003e \u003cp\u003eWatching the dollar 70\u003c\/p\u003e \u003cp\u003eBuying and owning gold 70\u003c\/p\u003e \u003cp\u003eThe Gold Market 71\u003c\/p\u003e \u003cp\u003eGold market data and information 72\u003c\/p\u003e \u003cp\u003eIndustrial supply and demand 73\u003c\/p\u003e \u003cp\u003eInvestment demand 74\u003c\/p\u003e \u003cp\u003eCentral banks 74\u003c\/p\u003e \u003cp\u003eGold Bugs 75\u003c\/p\u003e \u003cp\u003eGold Investing Resources 76\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Discovering the Secret of Silver 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding the Hybrid Potentials of Silver 79\u003c\/p\u003e \u003cp\u003eMonetary uses for silver 80\u003c\/p\u003e \u003cp\u003eIndustrial uses for silver 80\u003c\/p\u003e \u003cp\u003eResearching Silver 82\u003c\/p\u003e \u003cp\u003eSources of data 82\u003c\/p\u003e \u003cp\u003eSources of informed opinion 83\u003c\/p\u003e \u003cp\u003eOwning Silver 83\u003c\/p\u003e \u003cp\u003ePhysical silver 83\u003c\/p\u003e \u003cp\u003ePaper silver 84\u003c\/p\u003e \u003cp\u003eSilver’s Compelling Future 85\u003c\/p\u003e \u003cp\u003eMarket fundamentals 85\u003c\/p\u003e \u003cp\u003eThe demand side 85\u003c\/p\u003e \u003cp\u003eThe supply side 85\u003c\/p\u003e \u003cp\u003eThe world needs more silver 86\u003c\/p\u003e \u003cp\u003eThe Legends of Silver 86\u003c\/p\u003e \u003cp\u003eJerome Smith 86\u003c\/p\u003e \u003cp\u003eTed Butler and the silver shortage 87\u003c\/p\u003e \u003cp\u003eDavid Morgan 88\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Platinum and Palladium 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Platinum Group Metals 91\u003c\/p\u003e \u003cp\u003ePlatinum 92\u003c\/p\u003e \u003cp\u003ePalladium 92\u003c\/p\u003e \u003cp\u003eRhodium 92\u003c\/p\u003e \u003cp\u003eOsmium 93\u003c\/p\u003e \u003cp\u003eIridium 93\u003c\/p\u003e \u003cp\u003eRuthenium 93\u003c\/p\u003e \u003cp\u003eThe investor’s best choices in the group 94\u003c\/p\u003e \u003cp\u003ePlatinum Group Investment Vehicles 95\u003c\/p\u003e \u003cp\u003eBullion 96\u003c\/p\u003e \u003cp\u003eFutures 96\u003c\/p\u003e \u003cp\u003eStock Investments 97\u003c\/p\u003e \u003cp\u003eMutual Funds and ETFs 98\u003c\/p\u003e \u003cp\u003eResearch Resources 99\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Uranium 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eControversial Past, Bright Future 102\u003c\/p\u003e \u003cp\u003eThe uranium market 102\u003c\/p\u003e \u003cp\u003eUranium supply 103\u003c\/p\u003e \u003cp\u003eUranium demand 103\u003c\/p\u003e \u003cp\u003eUranium’s market performance 104\u003c\/p\u003e \u003cp\u003eThat ’70s metal 105\u003c\/p\u003e \u003cp\u003ePeak oil and uranium 105\u003c\/p\u003e \u003cp\u003eUranium Investing Vehicles 106\u003c\/p\u003e \u003cp\u003eFutures 106\u003c\/p\u003e \u003cp\u003eMining stocks 106\u003c\/p\u003e \u003cp\u003eUranium exchange-traded funds 107\u003c\/p\u003e \u003cp\u003eOptions 108\u003c\/p\u003e \u003cp\u003eResources 109\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Base Metals 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding How Base Metals Fit into Your Portfolio 111\u003c\/p\u003e \u003cp\u003eThe building blocks of society 112\u003c\/p\u003e \u003cp\u003eThe up and down for base metals 112\u003c\/p\u003e \u003cp\u003eBase metals and inflation 112\u003c\/p\u003e \u003cp\u003eBase metals versus precious metals 113\u003c\/p\u003e \u003cp\u003ePast performance 114\u003c\/p\u003e \u003cp\u003eCovering All the Bases 114\u003c\/p\u003e \u003cp\u003eCopper 114\u003c\/p\u003e \u003cp\u003eAluminum 115\u003c\/p\u003e \u003cp\u003eNickel 116\u003c\/p\u003e \u003cp\u003eZinc 117\u003c\/p\u003e \u003cp\u003eLead 117\u003c\/p\u003e \u003cp\u003eTin 118\u003c\/p\u003e \u003cp\u003eOther metals 119\u003c\/p\u003e \u003cp\u003eBase Metal Investing Vehicles 119\u003c\/p\u003e \u003cp\u003eFutures 120\u003c\/p\u003e \u003cp\u003eOptions 120\u003c\/p\u003e \u003cp\u003eMining stocks 121\u003c\/p\u003e \u003cp\u003eMutual funds 123\u003c\/p\u003e \u003cp\u003eExchange-traded funds (ETFs) 123\u003c\/p\u003e \u003cp\u003eBase Metal Resources 125\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: Investing Vehicles 127\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Buying Metals Direct 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWeighty Matters 129\u003c\/p\u003e \u003cp\u003eThe Case for Physical Ownership 130\u003c\/p\u003e \u003cp\u003eWhat could go wrong with paper assets 131\u003c\/p\u003e \u003cp\u003eBullion versus numismatics 132\u003c\/p\u003e \u003cp\u003eOther metals 133\u003c\/p\u003e \u003cp\u003eThe risks of owning physical 133\u003c\/p\u003e \u003cp\u003eForms of Gold Physical Bullion 134\u003c\/p\u003e \u003cp\u003eAmerican eagle gold bullion coins 134\u003c\/p\u003e \u003cp\u003eThe American Buffalo Gold Bullion Coin 135\u003c\/p\u003e \u003cp\u003eThe Krugerrand 135\u003c\/p\u003e \u003cp\u003eThe Canadian Maple Leaf 135\u003c\/p\u003e \u003cp\u003eOther gold bullion 136\u003c\/p\u003e \u003cp\u003eSilver Physical Bullion 136\u003c\/p\u003e \u003cp\u003eAmerican Eagle Silver Bullion Coins 136\u003c\/p\u003e \u003cp\u003eOne-ounce rounds 136\u003c\/p\u003e \u003cp\u003eJunk silver bags 137\u003c\/p\u003e \u003cp\u003eThe $1,000 bag of silver dollars 137\u003c\/p\u003e \u003cp\u003eThe 40% silver bag 138\u003c\/p\u003e \u003cp\u003eSilver bars and ingots 138\u003c\/p\u003e \u003cp\u003ePlatinum bullion 139\u003c\/p\u003e \u003cp\u003ePalladium bullion 139\u003c\/p\u003e \u003cp\u003eBullion’s costs and fees 140\u003c\/p\u003e \u003cp\u003eSo, what kind of silver is best? 140\u003c\/p\u003e \u003cp\u003eGold and silver commemorative coins 140\u003c\/p\u003e \u003cp\u003eBullion Dealers and Resources 141\u003c\/p\u003e \u003cp\u003ePutting Precious Metals in Your IRA 142\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Purchasing Numismatic Coins 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Basics of Numismatics Coins 146\u003c\/p\u003e \u003cp\u003eProfitable coin investing 146\u003c\/p\u003e \u003cp\u003eMaking the grade 147\u003c\/p\u003e \u003cp\u003eInformation sources 148\u003c\/p\u003e \u003cp\u003eCollectible Coins 149\u003c\/p\u003e \u003cp\u003eGold coins 149\u003c\/p\u003e \u003cp\u003eSilver coins 149\u003c\/p\u003e \u003cp\u003eOther coins 150\u003c\/p\u003e \u003cp\u003eStill other coins: Commemoratives 151\u003c\/p\u003e \u003cp\u003eCoin Services and Organizations 152\u003c\/p\u003e \u003cp\u003eInformation sharing 152\u003c\/p\u003e \u003cp\u003eGrading services 152\u003c\/p\u003e \u003cp\u003eSelling Your Coins 153\u003c\/p\u003e \u003cp\u003eBack to dealers 153\u003c\/p\u003e \u003cp\u003eTo other investors 154\u003c\/p\u003e \u003cp\u003eeBay and other auctions 154\u003c\/p\u003e \u003cp\u003ePricing information 155\u003c\/p\u003e \u003cp\u003eOne final note 156\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Mining Stocks 157\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEssential Stock Investing 101 157\u003c\/p\u003e \u003cp\u003eStock investing for all 158\u003c\/p\u003e \u003cp\u003eMining stocks 101 162\u003c\/p\u003e \u003cp\u003eMining Stocks — Digging Deep 164\u003c\/p\u003e \u003cp\u003eMix and match 164\u003c\/p\u003e \u003cp\u003eThe majors 165\u003c\/p\u003e \u003cp\u003eDevelopment companies 165\u003c\/p\u003e \u003cp\u003eEureka! Exploratory companies 166\u003c\/p\u003e \u003cp\u003eAncillary companies 166\u003c\/p\u003e \u003cp\u003eGetting Down to the Nitty-Gritty 166\u003c\/p\u003e \u003cp\u003eThe upside to mining stocks 167\u003c\/p\u003e \u003cp\u003eThe risks of mining stocks 167\u003c\/p\u003e \u003cp\u003eMining properties 168\u003c\/p\u003e \u003cp\u003eHedging practices 168\u003c\/p\u003e \u003cp\u003eResources 169\u003c\/p\u003e \u003cp\u003eBoosting Your Returns 170\u003c\/p\u003e \u003cp\u003eGenerating income 170\u003c\/p\u003e \u003cp\u003eLeveraging with warrants 171\u003c\/p\u003e \u003cp\u003eIndexes 173\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Investing in Mutual Funds and ETFs 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMutual Funds 175\u003c\/p\u003e \u003cp\u003eAdvantages of mutual funds 176\u003c\/p\u003e \u003cp\u003eThe downside of mutual funds 178\u003c\/p\u003e \u003cp\u003eKeys to success with mutual funds 181\u003c\/p\u003e \u003cp\u003eThe Prospectus: Netting it out 182\u003c\/p\u003e \u003cp\u003eMutual Fund Resources 183\u003c\/p\u003e \u003cp\u003eExchange-Traded Funds 183\u003c\/p\u003e \u003cp\u003eThe pros and cons of ETFs 184\u003c\/p\u003e \u003cp\u003eThe world of precious metals ETFs 184\u003c\/p\u003e \u003cp\u003eOther ETFs for the metals-minded 185\u003c\/p\u003e \u003cp\u003eETF Resources 186\u003c\/p\u003e \u003cp\u003eThe exchanges 186\u003c\/p\u003e \u003cp\u003eThe issuers 187\u003c\/p\u003e \u003cp\u003eNewsletters 188\u003c\/p\u003e \u003cp\u003eWeb sites 188\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Exploring Futures 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBack to the Futures 189\u003c\/p\u003e \u003cp\u003eHow the futures market works 191\u003c\/p\u003e \u003cp\u003eWhat can be traded as a futures contract 192\u003c\/p\u003e \u003cp\u003eThe Players in the World of Futures 193\u003c\/p\u003e \u003cp\u003eThe exchanges 193\u003c\/p\u003e \u003cp\u003eSpeculators 194\u003c\/p\u003e \u003cp\u003eHedgers 194\u003c\/p\u003e \u003cp\u003eThe regulators 195\u003c\/p\u003e \u003cp\u003eThe Fundamentals of Futures Contracts 196\u003c\/p\u003e \u003cp\u003eFeatures of the futures contract 196\u003c\/p\u003e \u003cp\u003eMetals Futures Contracts 198\u003c\/p\u003e \u003cp\u003ePrecious metals contracts 198\u003c\/p\u003e \u003cp\u003eBase metals contracts 200\u003c\/p\u003e \u003cp\u003eMini-futures contracts 200\u003c\/p\u003e \u003cp\u003ePass the margin 201\u003c\/p\u003e \u003cp\u003eLeverage: The double-edged sword 202\u003c\/p\u003e \u003cp\u003eBasic Futures Trading Strategies 203\u003c\/p\u003e \u003cp\u003eBasic strategy #1: Going long 203\u003c\/p\u003e \u003cp\u003eBasic strategy #2: Going short 203\u003c\/p\u003e \u003cp\u003eBasic strategy #3: Spreads 204\u003c\/p\u003e \u003cp\u003eFutures versus Options on Futures 208\u003c\/p\u003e \u003cp\u003eFutures Resources 209\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Options 211\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow Options Work 211\u003c\/p\u003e \u003cp\u003eThe call option 212\u003c\/p\u003e \u003cp\u003eThe put option 216\u003c\/p\u003e \u003cp\u003eResources for beginners 216\u003c\/p\u003e \u003cp\u003eWorking Out Your Options 216\u003c\/p\u003e \u003cp\u003eUnderstanding the orders 217\u003c\/p\u003e \u003cp\u003eSomething for Everyone 217\u003c\/p\u003e \u003cp\u003eFor those seeking gains 217\u003c\/p\u003e \u003cp\u003eIncome strategy #1: Writing covered calls 218\u003c\/p\u003e \u003cp\u003eIncome strategy #2: Writing puts 219\u003c\/p\u003e \u003cp\u003eMinimizing Risks with Options 219\u003c\/p\u003e \u003cp\u003eSome Profitable Combinations 220\u003c\/p\u003e \u003cp\u003eThe zero-cost collar 220\u003c\/p\u003e \u003cp\u003eThe straddle 221\u003c\/p\u003e \u003cp\u003eOptions in the World of Precious Metals 222\u003c\/p\u003e \u003cp\u003eOptions on mining stocks 222\u003c\/p\u003e \u003cp\u003eAn option with no expiration? 223\u003c\/p\u003e \u003cp\u003eOptions on ETFs and indexes 223\u003c\/p\u003e \u003cp\u003eOptions on futures 224\u003c\/p\u003e \u003cp\u003eGolden Rules for Options Success 225\u003c\/p\u003e \u003cp\u003eOptions Resources 227\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV: Investment Strategies 229\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Choosing a Trading Approach 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBeing a Boy Scout — Being Prepared 231\u003c\/p\u003e \u003cp\u003eBe a voracious reader 232\u003c\/p\u003e \u003cp\u003eHave your plan 232\u003c\/p\u003e \u003cp\u003eDecide your market 233\u003c\/p\u003e \u003cp\u003ePractice with simulated trading 234\u003c\/p\u003e \u003cp\u003ePicking Out Your Vehicle 234\u003c\/p\u003e \u003cp\u003eStocks 234\u003c\/p\u003e \u003cp\u003eFutures 234\u003c\/p\u003e \u003cp\u003eOptions 235\u003c\/p\u003e \u003cp\u003eSelecting Your Trading Strategy 235\u003c\/p\u003e \u003cp\u003eChoosing your market outlook 235\u003c\/p\u003e \u003cp\u003eStock trading coupled with options 235\u003c\/p\u003e \u003cp\u003eFutures trading coupled with options 237\u003c\/p\u003e \u003cp\u003eResources for Trading 238\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Finding and Using a Broker 239\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGetting Down Some General Points 239\u003c\/p\u003e \u003cp\u003eFutures Brokers and Accounts 240\u003c\/p\u003e \u003cp\u003eFull-service futures broker 240\u003c\/p\u003e \u003cp\u003eDiscount futures broker 241\u003c\/p\u003e \u003cp\u003eThe futures commission merchant (FCM) 241\u003c\/p\u003e \u003cp\u003eIntroducing broker (IB) 241\u003c\/p\u003e \u003cp\u003eSelecting a Broker 242\u003c\/p\u003e \u003cp\u003eCommodities Futures Trading Commission (CFTC) 242\u003c\/p\u003e \u003cp\u003eNational Futures Association (NFA) 242\u003c\/p\u003e \u003cp\u003eFutures Industry Association (FIA) 242\u003c\/p\u003e \u003cp\u003eThe exchanges 242\u003c\/p\u003e \u003cp\u003eKeeping your eyes peeled for ICE 243\u003c\/p\u003e \u003cp\u003eDealing with Futures 243\u003c\/p\u003e \u003cp\u003eInterviewing a futures broker 243\u003c\/p\u003e \u003cp\u003eMargin in a futures account 244\u003c\/p\u003e \u003cp\u003eAvoiding problems in your account 245\u003c\/p\u003e \u003cp\u003eOpening a futures account 245\u003c\/p\u003e \u003cp\u003eFutures account commissions and fees 246\u003c\/p\u003e \u003cp\u003eFutures orders 247\u003c\/p\u003e \u003cp\u003eManaged futures accounts 250\u003c\/p\u003e \u003cp\u003eSome considerations about CTAs 251\u003c\/p\u003e \u003cp\u003eStock Brokerage Accounts 252\u003c\/p\u003e \u003cp\u003eStock brokers 252\u003c\/p\u003e \u003cp\u003eAccount types 252\u003c\/p\u003e \u003cp\u003eOpening a stock brokerage account 253\u003c\/p\u003e \u003cp\u003eTypes of Orders 254\u003c\/p\u003e \u003cp\u003eStock brokerage services 254\u003c\/p\u003e \u003cp\u003eMargin in a stock brokerage account 256\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18: Using Technical Analysis 259\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTechnical versus Fundamental Analysis 260\u003c\/p\u003e \u003cp\u003eThe guts of technical analysis 260\u003c\/p\u003e \u003cp\u003eHow about both? 261\u003c\/p\u003e \u003cp\u003eThe tools of the trade 262\u003c\/p\u003e \u003cp\u003eTracking the Trend 263\u003c\/p\u003e \u003cp\u003eTrend lengths 264\u003c\/p\u003e \u003cp\u003eChannels 265\u003c\/p\u003e \u003cp\u003eResistance and support 266\u003c\/p\u003e \u003cp\u003eCharts 266\u003c\/p\u003e \u003cp\u003eLine charts 266\u003c\/p\u003e \u003cp\u003eBar charts 267\u003c\/p\u003e \u003cp\u003eCandlestick charts 267\u003c\/p\u003e \u003cp\u003ePoint and figure charts 267\u003c\/p\u003e \u003cp\u003eChart Patterns 268\u003c\/p\u003e \u003cp\u003eHead and shoulders 268\u003c\/p\u003e \u003cp\u003eReverse head and shoulders 268\u003c\/p\u003e \u003cp\u003eCup and handle 269\u003c\/p\u003e \u003cp\u003eDouble tops and bottoms 269\u003c\/p\u003e \u003cp\u003eTriangles 269\u003c\/p\u003e \u003cp\u003eFlags and pennants 270\u003c\/p\u003e \u003cp\u003eWedges 270\u003c\/p\u003e \u003cp\u003eGaps 270\u003c\/p\u003e \u003cp\u003eMoving Averages 270\u003c\/p\u003e \u003cp\u003eSimple moving averages (SMA) 271\u003c\/p\u003e \u003cp\u003eOther averages 272\u003c\/p\u003e \u003cp\u003eIndicators and Oscillators 272\u003c\/p\u003e \u003cp\u003eOscillators 272\u003c\/p\u003e \u003cp\u003eRelative Strength Index (RSI) 273\u003c\/p\u003e \u003cp\u003eMoving Average Convergence\/Divergence (MACD) 273\u003c\/p\u003e \u003cp\u003eCrossovers and divergence 273\u003c\/p\u003e \u003cp\u003eBollinger bands 274\u003c\/p\u003e \u003cp\u003eShort Term versus Long Term 274\u003c\/p\u003e \u003cp\u003eResources for Technical Analysis 275\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19: Following Politics and Markets 277\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrecious Metals and Skullduggery 277\u003c\/p\u003e \u003cp\u003eThe controversy over market manipulation 277\u003c\/p\u003e \u003cp\u003eThe gold market manipulation controversy 279\u003c\/p\u003e \u003cp\u003eThe Plunge Protection Team (PPT) 280\u003c\/p\u003e \u003cp\u003eThe profit in market meddling 281\u003c\/p\u003e \u003cp\u003ePrecious Metals and Geo-Politics 283\u003c\/p\u003e \u003cp\u003eResources on Politics and Markets 284\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20: Dealing with Taxes 285\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTaxable Activity 285\u003c\/p\u003e \u003cp\u003eThe regular account 286\u003c\/p\u003e \u003cp\u003eCapital Gains and Losses 288\u003c\/p\u003e \u003cp\u003eTax-Deductible Activity 289\u003c\/p\u003e \u003cp\u003eSpecial Tax Considerations 289\u003c\/p\u003e \u003cp\u003eGold and silver as collectibles 290\u003c\/p\u003e \u003cp\u003eTax rules for traders 290\u003c\/p\u003e \u003cp\u003eTax Resources to Keep You Up-to-Date 291\u003c\/p\u003e \u003cp\u003eThe IRS of course! 291\u003c\/p\u003e \u003cp\u003eHelpful tax Web sites 291\u003c\/p\u003e \u003cp\u003eAn ounce of prevention 292\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V: The Part of Tens 293\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21: Ten (Nearly) Reminders about Mining Stocks 295\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Company’s Management 295\u003c\/p\u003e \u003cp\u003eFinancing 296\u003c\/p\u003e \u003cp\u003eEarnings and Cash Flow 297\u003c\/p\u003e \u003cp\u003eBalance Sheet Strengths 297\u003c\/p\u003e \u003cp\u003eRegulatory Environment 298\u003c\/p\u003e \u003cp\u003eHedging and Forward Sales 298\u003c\/p\u003e \u003cp\u003eValuable Projects or Properties 299\u003c\/p\u003e \u003cp\u003eExtraction on Cost Per Ounce 299\u003c\/p\u003e \u003cp\u003ePolitical Considerations 300\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 22: Ten Rules for Metals Investors 301\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDiversifying Your Vehicles 301\u003c\/p\u003e \u003cp\u003eHaving Some Bullion Coins 302\u003c\/p\u003e \u003cp\u003eLimiting Your Exposure 303\u003c\/p\u003e \u003cp\u003eWatching the Markets That Affect Precious Metals 303\u003c\/p\u003e \u003cp\u003eUsing Options to Boost Performance 304\u003c\/p\u003e \u003cp\u003eAdding Alternatives 304\u003c\/p\u003e \u003cp\u003eAdjusting along the Way 304\u003c\/p\u003e \u003cp\u003eUnderstanding the Difference between a Correction and a Bear Market 305\u003c\/p\u003e \u003cp\u003eWatching Political Trends 306\u003c\/p\u003e \u003cp\u003eMonitoring Inflation 306\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 23: Ten Rules for Metals Traders 307\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFaking Out the Markets First 307\u003c\/p\u003e \u003cp\u003eHaving a Plan 308\u003c\/p\u003e \u003cp\u003eAvoiding Committing All Your Cash at Once 308\u003c\/p\u003e \u003cp\u003eTaking Profits Doesn’t Hurt 309\u003c\/p\u003e \u003cp\u003eUsing Hedging Techniques 309\u003c\/p\u003e \u003cp\u003eKnowing Which Events Move Markets 310\u003c\/p\u003e \u003cp\u003eChecking the Trading History 310\u003c\/p\u003e \u003cp\u003eUsing Stop-Loss Strategies 310\u003c\/p\u003e \u003cp\u003eEmbracing the Experience of Others 311\u003c\/p\u003e \u003cp\u003eMinimizing Transaction Costs 311\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 24: Ten Ways to Limit Risk 313\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStaggering Your Entry 313\u003c\/p\u003e \u003cp\u003eUsing Trailing Stops 314\u003c\/p\u003e \u003cp\u003eDiversifying Positions 315\u003c\/p\u003e \u003cp\u003eDiversifying in Markets 315\u003c\/p\u003e \u003cp\u003eDiversify among Different Vehicles 316\u003c\/p\u003e \u003cp\u003eRead the Best Sources 317\u003c\/p\u003e \u003cp\u003eUsing Protective Puts 318\u003c\/p\u003e \u003cp\u003eAvoiding Unstable Political Markets 318\u003c\/p\u003e \u003cp\u003eLooking at Past Trading Patterns 319\u003c\/p\u003e \u003cp\u003eTaking Some Chips off the Table 319\u003c\/p\u003e \u003cp\u003eIndex 321\u003c\/p\u003e  \u003cp\u003e\u003cb\u003ePaul Mladjenovic\u003c\/b\u003e is the owner of Prosperity Network and www.Super MoneyLinks.com. He is also the author of \u003ci\u003eStock Investing For Dummies\u003c\/i\u003e, 2nd Edition.    \u003c\/p\u003e\u003cp\u003e\u003cb\u003eFeatures proven trading plans and strategies\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eThe fun and easy way\u003csup\u003e®\u003c\/sup\u003e to purchase and trade metal to strengthen your portfolio\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eWant to join the lucrative precious metals market? This straightforward guide gives you sound advice on trading as well as owning these profitable investments  from gold, silver, and platinum to uranium, zinc, and copper. You'll research their performance and choose your trading approach. Plus, you'll see how to find a broker, buy stocks and futures that involve metals, and minimize your risk.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTHE DUMMIES WAY\u003csup\u003e®\u003c\/sup\u003e\u003cbr\u003e\u003c\/b\u003e Explanations in plain-English\u003cbr\u003e “Get in, get out” information\u003cbr\u003e Icons and other navigational aids\u003cbr\u003e Online cheat sheet\u003cbr\u003e Top ten lists\u003cbr\u003e A dash of humor and fun  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eDiscover how to:\u003c\/b\u003e\u003cbr\u003e Evaluate the different metals\u003cbr\u003e Add metals to your portfolio\u003cbr\u003e Weigh the benefits and risks\u003cbr\u003e Buy physical metals\u003cbr\u003e Use technical analysis\u003cbr\u003e Use precious metals for long-term investing  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eGet Smart!\u003c\/b\u003e@www.dummies.com \u003c\/p\u003e\u003cul\u003e \u003cli\u003eFind listings of all our books\u003c\/li\u003e \u003cli\u003eChoose from many different subject categories\u003c\/li\u003e \u003cli\u003eSign up for eTips at \u003cb\u003eetips.dummies.com\u003c\/b\u003e\n\u003c\/li\u003e \u003c\/ul\u003e","brand":"For Dummies","offers":[{"title":"Default Title","offer_id":47989839462629,"sku":"NP9780470130872","price":29.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470130872.jpg?v=1761785639","url":"https:\/\/k12savings.com\/products\/precious-metals-investing-for-dummies-isbn-9780470130872","provider":"K12savings","version":"1.0","type":"link"}